Renault boosted by low-cost Dacia brand
French automaker's no-frills Romanian cars offset Russia weakness, helping the company to record a 25% rise in first-half earnings
Financial Times
State banks and wider corporate sector to suffer
State banks and wider corporate sector to suffer
Sanctions could push Russian lenders to seek out funding in other regions and instruments, such as China or some Islamic structures
Financial window closes for Moscow businesses
Financial window closes for Moscow businesses
Combination of capital market restrictions imposed by Washington and now similar ones in Europe mean many big borrowers are seeing options dwindle
Russian politicians take aim at global consultants
Russian politicians take aim at global consultants
Targeting likes of Deloitte, PwC and McKinsey a sign of growing pressure on Moscow's economic policy makers to hit back against increased western sanctions
