International experts say Russia has to do more to create a ‘start-up’ friendly business climate. They are gathered in Moscow for the Forum Week of Business, and suggest boosting investment in innovative companies will...

Russia's state-controlled VTB Bank is to buy back shares from its small shareholders at the price they paid back in 2007 when the company held its IPO. The stock lost roughly half of its value since then.

Gazprom said Wednesday that it expects to rake in almost $40 billion in last year's profit, a big increase from 2010 but not enough to stop ExxonMobil from spurting into the lead again as the world's most profitable publicly traded energy company.

Russia has joined the Convention against bribery of foreign public officials in an effort to provide more transparency in international deals.

Moscow's City Hall has pulled the plug on a quarter of the building projects inherited from the previous administration.

It’s the gold standard of networking. Many executives swear that they don’t meet as many decision-makers in a whole year, as they do in the corridors and conference rooms of an economic forum. But staging one is an...

The wines produced by Abrau Durso, based in the Russian South, are technically sparkling wines, but Russians call them Champagne. The brand has been a favourite in the country since Soviet days, and now the manufacturer...

Investment in real estate is Moscow is on the up. A report from agents Jones Lang LaSalle, says Moscow has seen $8.4bln of commercial real estate investment in 2011, bringing it into the top twenty of investable cities.

Russia’s Prime Minister Vladimir Putin speaks on the country’s role in the global division of labor, overcoming technological inferiority and the role of the state in modernizing the economy.

Economic reform is necessary to make the country stronger and more competitive, Prime Minister Vladimir Putin wrote in pre-election article for the Vedomosti Daily.