Russia's largest carmaker Avtovaz said on Tuesday it may cut its working week to four days from five in September, a rare ...

Carmaker AvtoVAZ is facing difficulties due to the high car loans and 'price dumping' of imported Chinese cars in the Russian ...

Despite a recovery from a 1.4% contraction in 2022, the Russian economy showed signs of overheating by 2023, as wage growth and inflation accelerated. The central bank raised interest rates as high as ...