Alexander Gorbachev had claimed he was entitled to a stake in PhosAgro
Sberbank and VTB are building footprints in Ukrainian cities despite western sanctions
Move in retaliation over sanctions could affect western nuclear reactors, many of which rely on Russian supplies
Temporary injunction by Kaliningrad judge freezes share transfers and thwarts Austrian lender’s efforts to exit country
Planned exit awaits state approval and would mark a major U-turn for FTSE 100 consumer goods giant
Files outline Moscow’s plan to spend rupees from oil sales on sensitive electronics for war effort
Caution on part of foreign investors undermines attempts to return over $1bn to millions of country’s retail investors
Billionaire detained at Paris airport for failing to adequately moderate criminal activity on his messaging platform
Deputy Treasury secretary Adeyemo says Washington will ‘go after’ branches used by Moscow to circumvent trade restrictions
Texas-based company has signed new contracts and recruited hundreds of staff despite the war in Ukraine
Authorities tell joint venture partner Anadolu Efes ‘the current structure of the transaction has not been approved’
Kremlin has not been stopped in its tracks — but it does have sand in its gears
Ramzan Kadyrov turns mediator in dispute over Russian online retailer amid fiercest asset grab since 1990s
Austrian lender generated more than half of its profits in Russia and Belarus in the first six months of the year
Kyiv examining plan to replace Russia gas supplies with fuel from Azerbaijan
Heavy government expenditure and labour shortages have led to a sharp rise in real wages and consumption but the economy risks overheating
Acquisition spree has driven up prices of older vessels as Moscow prepares for tighter trade restrictions
Heller Tools exported machinery to entities linked to a covert FSB smuggling network
Western officials believe the strategy is proving effective in undermining Moscow’s ability to export crude
Arkady Volozh tells the FT he will launch artificial intelligence venture Nebius mostly staffed by former Yandex employees
Volodymyr Zelenskyy calls Indian PM’s trip to Russia a ‘devastating blow to peace efforts’
Chair Mervyn Davies urges governments to review policies that are limiting investment group’s ability to do business
Gemcorp’s past activities in Africa appear aligned with the Kremlin’s strategic priorities. Now it has senior Conservatives on the payroll
Italian bank, one of several regional lenders told to speed up exits, says it is seeking clarification
Growing dependence gives Moscow more leverage over European crop production
