
Kia Corp.’s Russian subsidiary launched a voluntary recall of more than 100,000 cars on Monday due to a possible airbag malfunction, a government regulator announced.

LONDON—Russia defaulted on its international bonds for the first time in more than a century, the White House said, as sweeping sanctions have effectively cut the country off from the global financial system, rendering its assets untouchable.

Russia amassed 93 billion euros ($98 billion) from fossil fuel exports during the first 100 days of its war in Ukraine, according to a report by the independent Centre For Research on Energy and Clean Air (CREA) published Monday.

It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Filet-O-Fish is simply a fish burger. The Big Mac has left Russia.

Moscow struck a defiant tone in reaction to the European Union’s new partial ban on Russian oil imports, with a senior Kremlin official saying his country would simply pivot to other importers.

Russian energy supplier RAO Nordic Oy cut off electricity supply to Finland early Saturday, accusing the country of not making payments on past bills.

Sen. Rand Paul, R-Ky., has apparently interrupted the Pentagon's plans of fortifying the Ukrainian armed forces on a regular schedule, as the ongoing Russia-Ukraine war approaches a third full month.

Russia’s space agency Roscosmos intends to withdraw from the International Space Station (ISS) amid Western sanctions designed to cripple Moscow’s economy, the head of the space program confirmed.

Shell is set to take a $4 to $5 billion hit from exiting Russia in the wake of its invasion of Ukraine, the company announced on April 7.

The Senate on Thursday morning voted to end normal trade relations with Russia and Belarus and to bar Russian oil imports into the United States in response to the nations’ invasion of Ukraine.

Russia is turning to microchip manufactures in China to circumvent western sanctions which have boosted demand for bank cards linked to the Mir payment system, an executive with the domestic payment system said.

This story has been updated to include a statement from the Russian Ministry of Defense.