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Major oil and gas companies, which scrambled to abandon operations in Russia following the invasion of Ukraine in late February, are now warning that doing so will result in billions of dollars of …

On February 22, as hundreds took to the streets of Mariupol, Ukraine to protest Russia’s approach, the country’s richest person Rinat Akhmetov reaffirmed his loyalty to his nation and its governmen…

Update: Forbes Real-Time feed updates exchange rates once a day at 9:30 a.m. After factoring in the tumble of the Russian ruble against the U.S. on Thursday, Forbes estimates that Russian billionai…

Russia’s creditors face the unappetizing prospect of accepting debt payments in rubles after the U.S. Treasury decided Monday to block the Kremlin from using its dollar reserves. The Russian curren…

Most of the international community is treating Russia’s invasion of Ukraine as a gross violation of its sovereignty and international law. (Even the famously neutral Swiss are on board.) But the r…

The stock market jumped on Friday, with the Dow surging over 800 points—its best day since late 2020—amid reports that Russia is open to negotiating with Ukraine, even as Russian troops close in on…