https://www.scmp.com/rss/523621/feed The latest news and top stories on RBC, a leading entity in the media and business information sector. Based in Moscow, RBC is a prominent Russian media group which was established in 1993. It specialises in reporting on business and economic news including market trends and sales figures through its news web-portal rbc.ru, business newspaper RBC Daily, monthly magazine RBC and RBC TV channel. en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com Reuters Reuters Indian refiners are poised to sharply curtail imports of Russian oil to comply with new US sanctions on two top Russian producers, industry sources have said, potentially removing a major hurdle to a trade deal with the United States. The change comes as India faces punishing 50 per cent tariffs on its exports to the US – with half of those duties in retaliation for Russian oil purchases – and negotiates a potential trade deal that could bring those tariffs in line with Asian peers in exchange... https://www.scmp.com/news/asia/south-asia/article/3330108/india-may-sharply-cut-russian-oil-imports-after-us-sanctions-sources?utm_source=rss_feed https://www.scmp.com/news/asia/south-asia/article/3330108/india-may-sharply-cut-russian-oil-imports-after-us-sanctions-sources?utm_source=rss_feed Thu, 23 Oct 2025 13:25:56 +0000 Agence France-Presse,Reuters Agence France-Presse,Reuters The Kremlin on Wednesday said it had no choice but to continue its military offensive on Ukraine, as Moscow rejected US President Donald Trump’s claim that Russia was a “paper tiger”. The comments come a day after Trump said Ukraine could win back all of its territory from Russia, which he characterised as a “paper tiger” with a failing economy – a major pivot in his stance on the three-and-a-half-year conflict. “We are continuing our special military operation to ensure our interests and... https://www.scmp.com/news/world/russia-central-asia/article/3326679/russia-dismisses-trumps-paper-tiger-insult-vows-continued-ukraine-offensive?utm_source=rss_feed https://www.scmp.com/news/world/russia-central-asia/article/3326679/russia-dismisses-trumps-paper-tiger-insult-vows-continued-ukraine-offensive?utm_source=rss_feed Wed, 24 Sep 2025 08:49:15 +0000 Reuters Reuters Oil prices slipped in early Asian trade on Monday as the United States did not exert more pressure on Russia to end the Ukraine war by implementing further measures to disrupt Moscow’s oil exports after presidents from both countries met on Friday. Brent crude futures dropped 32 cents, or 0.49 per cent, to US$65.53 a barrel while US West Texas Intermediate crude was at US$62.57 a barrel, down 23 cents. US President Donald Trump met Russian President Vladimir Putin in Alaska on Friday and emerged... https://www.scmp.com/business/commodities/article/3322161/oil-prices-slip-russia-supply-concerns-ease-after-trump-putin-meeting?utm_source=rss_feed https://www.scmp.com/business/commodities/article/3322161/oil-prices-slip-russia-supply-concerns-ease-after-trump-putin-meeting?utm_source=rss_feed Sun, 17 Aug 2025 23:16:30 +0000 Bloomberg Bloomberg For its Victory Day parade in May, Moscow welcomed world leaders with wines from southern Russia and Crimea, the Ukrainian peninsula it illegally annexed in 2014. There is no record of what China’s President Xi Jinping or his Brazilian counterpart Luiz Inacio Lula da Silva made of the wines, but their selection was not accidental. In a meeting with Mikhail Razvozhayev, the governor of the biggest Crimean city, Sevastopol, President Vladimir Putin emphasised that “only Russian wines” had been... https://www.scmp.com/news/world/russia-central-asia/article/3321969/putins-wine-patriotism-leaves-russian-vodka-rocks-bubbly-flows-freely?utm_source=rss_feed https://www.scmp.com/news/world/russia-central-asia/article/3321969/putins-wine-patriotism-leaves-russian-vodka-rocks-bubbly-flows-freely?utm_source=rss_feed Fri, 15 Aug 2025 07:03:33 +0000