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After blistering 7.5 per cent growth in 2010, Brazil’s economy has limped along

Russia's next-generation civilian airliner will initially have to rely on foreign engines, Deputy Prime Minister Dmitry Rogozin lamented on Friday, but said that the country is on the verge of making a breakthrough in engine technology.

Economic Development Minister Alexei Ulyukayev on Friday proposed increasing trade with Myanmar to $500 million a year by 2017 after he signed an agreement with his Myanmar counterpart to set up a bilateral trade and economic commission, RIA Novosti reported.

Communist lawmakers have introduced a bill that would impose price controls on food, following the government's move to keep tabs on hikes spurred by Moscow's ban on Western food imports in response to sanctions against Russia for its policies in Ukraine.

Russia's biggest lender, Sberbank, is looking to boost mortgage sales by offering a free cat to anyone willing to buy a property with money loaned from the bank.

Iran's Foreign Minister Mohammad Javad Zarif will visit Turkey on Aug. 28 before embarking on a mini-tour of Europe

If the EU bites the bullet and challenges Russia's food import bans at the WTO, the bitter battle of sanctions could claim yet another, unexpected victim - the World Trade Organization itself.

Sees 2014 sales growth ‘well above’ 3 per cent; says sanctions against Russia will hit business in H2

Pesano guerra e sanzioni, per il 2014 invariate a +0,5%

WPP, the world's largest advertiser, on Tuesday said its business was very strong in Russia in the first half of 2014, but expects it to weaken in the second half as Western sanctions against Moscow over the conflict in Ukraine start to bite.

Russia's economy has contracted in annual terms for two months in a row, the Economy Ministry said Friday, adding to concerns that Russia may be heading for recession as Western sanctions over Ukraine bite.

Riled by Russia's embargo on food imports, a group of leading Alaskan seafood producers are urging the U.S. government to slap a retaliatory ban on Russian seafood exports to the U.S.

A group of businessmen with Kremlin connections are emerging as likely beneficiaries of the tit-for-tat sanctions in the escalating dispute between Russia and the West over Ukraine.

By Jonathan Cable and Xiaoyi Shao

Japan’s economic recovery likely to be modest; Firms still cutting prices in Eurozone

A "significant" amount of produce out at sea needs to be returned to its original senders after Russia imposed a ban on food imports from Western countries, a unit of A.P. Moller-Maersk said in a regular newsletter to shippers.

Russia's government has eased some self-imposed bans on Western food, allowing imports of material that could be used to boost its own agricultural industry and softening the costs on some firms in neighbor Finland.

Economic sanctions imposed by the West are forcing Russia to mull other options

Poland is receiving information that Russia is trying to extend its embargo on imports of foodstuffs from the European Union to goods in transit through Russia, Deputy Prime Minister Janusz Piechocinski said Wednesday.

Farangees Islomova is worried. Her husband, who labors on a construction site in Moscow's Shchyolkovo suburb, usually sends 15,000 rubles home to Tajikistan every month. But in July he sent her just two-thirds of that.

Russia's leading telecoms operator said it has cut its forecast for revenue growth, citing disruption to its business in Ukraine after months of conflict there.