GO
Loading...

Russia

More

  • World Bank sees Belarus's 2015 GDP falling 3.5 pct Monday, 27 Apr 2015 | 5:39 AM ET

    MINSK, April 27- The World Bank said on Monday it saw Belarus's gross domestic product contracting 3.5 percent this year, sharply revising it down from an earlier forecast of 1.8 percent growth. Next year the contraction will continue, with GDP expected to decline 1 percent, Ruslan Penkevsky, the bank's senior economist for Belarus, said at a press conference.

  • MOSCOW, April 27- The Russian rouble weakened on Monday after opening stronger against the dollar and the euro, and analysts said there was little to drive it higher amid broad expectations of a key rate cut later in the week. "Most likely... the national currency will move towards weakening at the start of the week," Pavel Shchipanov, head analyst at Romanov Capital...

  • ASTANA, Kazakhstan— Preliminary results of weekend nationwide polls in Kazakhstan show the long-ruling president confirming his incumbency with 97.7 percent of the vote amid a record turnout, election officials said Monday. Kazakhstan is facing a slowdown in economic growth amid falling oil prices and recession in neighboring Russia.

  • Why the US won't have OPEC to kick around in 2016 Sunday, 26 Apr 2015 | 12:00 PM ET
    Qatar Oil Minister Mohammed bin Saleh Al-Sada (L), Saudi Oil Minister Ali al-Naimi, and United Arab Emirates Energy Minister Suhail bin Mohamed al-Mazroui (R) attend the opening session of the 10th Arab Energy Conference in Abu Dhabi, on December 21, 2014.

    U.S. elections have long featured a familiar whipping post. Yet thanks to the energy boom, it's one that may not play a role in 2016.

  • DIARY- Emerging Markets Economic Events to May 7 Friday, 24 Apr 2015 | 8:02 PM ET

    SINGAPORE- Monetary Authority of Singapore releases its macroeconomic review- 0400 GMT. SEOUL- Bank of Korea will release minutes from its April policy rate meeting- 0700 GMT. BUCHAREST- National bank of Romania Governor Mugur Isarescu to attend financial seminar.

  • Russia, France close to deal on Mistrals - source Friday, 24 Apr 2015 | 10:13 AM ET

    YEREVAN, April 24- Russia and France are close to reaching an agreement for Paris to cancel a frozen contract on the sale of Mistral helicopter carriers and reimburse Moscow, a Russian source close to talks indicated on Friday. France suspended the delivery of the warships last year after the European Union decided to impose sanctions on Russia over the...

  • MOSCOW, April 24- Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, plans to more than double oil output this year at the Prirazlomnoye field, Russia's sole Arctic offshore oil project, the company said on Friday. Development of Russia's offshore Arctic riches has been hampered by Western sanctions over Moscow's role in the Ukrainian...

  • *Offer starts on April 24 and expires on May 22. MOSCOW, April 24- Russia's Uralkali, the world's largest potash producer, will buy back up to $1.5 billion of its shares until May 22, it said on Friday, after its board changed policy and proposed no dividend payment for 2014.. "Taking into account Uralkali's current cash reserves, its expected future cash requirements,...

  • MOSCOW, April 24- Russian Finance Minister Anton Siluanov said on Friday that the rouble had strengthened even more than needed, Interfax reported. "The rouble was first stable and now has started to strengthen. It has strengthened, we think, excessively, too much, "Siluanov said at a lecture in St Petersburg.

  • UPDATE 2-Russia deepens energy cooperation with Argentina Thursday, 23 Apr 2015 | 10:56 AM ET

    MOSCOW, April 23- Russia and Argentina signed documents deepening energy cooperation on Thursday, underlining Moscow's drive to develop ties with South America since coming under Western sanctions over the Ukraine crisis. Russian state-owned gas producer Gazprom signed a memorandum on cooperation with Argentinian state oil company YPF, while Russia's...

  • MOSCOW, April 23- Russia and Argentina signed several cooperation documents in the energy sector on Thursday, underlining Moscow's drive to deepen ties with countries in South America since coming under Western sanctions over the Ukraine crisis. Russian state-owned gas producer Gazprom signed a memorandum on cooperation with state oil company YPF, while...

  • MOSCOW, April 23- President Vladimir Putin said on Thursday Russian gas producer Gazprom was looking into the possibility of jointly developing hydrocarbon deposits in Argentina.

  • MOSCOW, April 23- Russian home electronics retailer M.video aims to achieve flat sales in the first three quarters of 2015 compared with a year ago, outperforming a declining market hit by falling consumption, its chief executive said. Russia's economy is sliding into recession, dragged down by Western sanctions imposed on Moscow over its policy in Ukraine and...

  • MOSCOW, April 23- Western companies are sticking with Russia, waiting for an economic rebound that they expect will once again bring rich rewards although some have cut operations to weather the slump. Russia is expecting a steep recession this year, caused by low international oil prices and Western sanctions over the Ukraine conflict even though...

  • Chinese bourses hit fresh 15- year highs and the MSCI emerging equities index was up 0.2 percent to within a whisker of seven-month highs reached on Friday. MSCI's broadest index of Asia-Pacific shares outside Japan was at seven-year highs on signs China is entering a prolonged cycle of pro-growth monetary easing. It's hard to see how aggressive they will be,...

  • MOSCOW, April 23- Russian railcar manufacturer United Wagon Company has set a price range of 650- 750 roubles per share and increased its offering in Russia's first initial public offering in more than a year. United Wagon Company may get a market valuation of between 65 billion and 75 billion roubles, a source close to the placement told Reuters.

  • MOSCOW, April 23- Russian railcar manufacturer United Wagon Company plans to set a price range for its initial public offering in Moscow at 650- 750 roubles per share, a source close to the placement said on Thursday.

  • DIARY- Emerging Markets Economic Events to May 5 Wednesday, 22 Apr 2015 | 8:02 PM ET

    CAIRO- Central Bank of Egypt holds Monetary Policy Committee Meeting- 0100 GMT. BANGKOK- Bank of Thailand holds Monetary Policy Committee meeting. MOSCOW- Central Bank of Russia announces interest rate decision- 1000 GMT.

  • After workers asked Putin for help, corruption uncovered Wednesday, 22 Apr 2015 | 11:43 AM ET

    MOSCOW— Russian investigators opened a new corruption case Wednesday against subcontractors building a space center where workers have gone unpaid for months and have appealed directly to President Vladimir Putin for help. The Vostochny Cosmodrome, under construction in a remote area in the Far East, is a priority project that will give Russia its own...

  • *Gazprom calls charges "unfounded", seeks political agreement. BRUSSELS, April 22- The European Union launched a legal attack on Gazprom on Wednesday, stoking tension with Moscow as it accused the Russian gas giant of overcharging buyers in Eastern Europe and hindering competition. The EU's new antitrust chief, Margrethe Vestager, who a week ago announced a...