Russian president Vladimir Putin (R) with defence minister Sergei Shoigu at a meeting at the National Defence Control Centre in Moscow on Friday. Photograph: Alexey Druzhinyn/EPA.

Russia will not be intimidated over its actions in Ukraine and Crimea, president Vladimir Putin said on Saturday as his foreign ministry warned that (...)

A triple crisis has assailed Russia this week. The rouble tumbled against the dollar on international exchanges, the price of oil – its major export –(...)

An employee counts Russian ruble banknotes at a private company’s office in Krasnoyarsk, Siberia. Photograph: Ilya Naymushin/Reuters

Russia’s rouble strengthened on Friday after finance minister Anton Siluanov confirmed his ministry had sold foreign currency and on expectations that(...)

German consumer sentiment hit its highest level in eight years heading into January as shoppers expect Europe’s largest economy to gain momentum, a su(...)

Lithuanian President Dalia Grybauskaite. Photo: EPA/STEPHANIE LECOCQ

EU leaders have backed a plan for more punitive sanctions against Crimea, including a ban on European cruise ships docking in Sevastapol, as Russian p(...)

 Vladimir Putin:  has utterly failed to diversify Russia’s economy during 15 years in power. Photograph: REUTERS/Maxim Zmeyev

Russia’s year began with a spectacular display of sporting prowess, organisational ability and, above all, financial muscle. The Winter Olympics in So(...)

  The Carrefour deal marks  Abilio  Diniz’s return to retailing and closer ties with the Carrefour group, in which he has built a stake of a little under 3 per cent. Photograph: Christoiphe Ena/AP

Carrefour has sold a 10 per cent stake in its Brazilian business to billionaire Abilio Diniz (77), in a first step towards a possible separate listing(...)

Against the backdrop of Edward Snowden’s revelations of the UK’s GCHQ mass data-harvesting from cables linking Ireland to Britain and North America, t(...)

The summit  of EU leaders will be  the first under new European Council president Donald Tusk.  Photograph: Julien Warnand/EPA

Ireland’s corporate tax regime is expected to face fresh scrutiny today at a summit of EU leaders in Brussels, as Taoiseach Enda Kenny meets EU leader(...)

Russia’s Prime Minister Dmitry Medvedev (right) chairs a meeting with top central bank and government officials   outside Moscow. Photograph:  Yekaterina Shtukina/RIA Novosti/Reuters

Russia is braced for more financial turmoil after a major interest rate hike failed to stop a sharp slide in the value of the rouble, and plunging oi(...)