Sanctions and the war are taking a toll on Russia’s IT sector. In mid-December, The Bell reported widespread layoffs across ...

The Moscow Times, citing CNews, reported that the bank is focusing layoffs on programmers and developers. At Kooper, 20% of ...

The Kremlin is facing a growing economic crisis, with interest rates surging to a record high of 21%. Officials have not ...

Sberbank has launched a large-scale campaign to reduce staff in its subsidiaries: Kuper, MegaMarket, SberLogistics and ...

Many Russian firms are now struggling to pay back loans and could face bankruptcy, including those in the energy and banking ...

MOSCOW, Jan 17 (Reuters) - Russia's largest lender Sberbank (SBER.MM), opens new tab on Friday reported record annual profits of 1.56 trillion roubles ($15.22 billion)for 2024, helped by strong ...

Russia wants China's help in developing AI technology that it can use in wide-ranging areas, including military ...

President Vladimir Putin has ordered Russia's government and the country's biggest bank, Sberbank , to build cooperation with China in artificial intelligence.

The Russian leader has ordered his government and Russian banking giant Sberbank to work with China on artificial intelligence, according to a December 30 post on the Kremlin's website.

Russia's biggest bank has joined the country's digital currency scheme, which could help the economy weather turbulence caused by sanctions. Russia's Central Bank announced that Sberbank, as well as ...

MOSCOW. Jan 17 (Interfax) - Sberbank increased its net profit to Russian Accounting Standards (RAS) in 2024 (excluding post-reporting date events) by 4.6% to a record 1.562 trillion rubles, compared ...

Russia has been working on boosting the use of biometric technology across sectors with the help of the Unified Biometric System.