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  • WASHINGTON— The Senate now will decide the fate of a House bill backed by the president that would end the National Security Agency's collection of American calling records while preserving other surveillance authorities. The bill before the Senate, known as the USA Freedom Act, would reauthorize the surveillance, but would phase out NSA phone records...

  • MOSCOW, June 1- Russia's rouble slumped on Monday and bonds fell after the central bank suspended its one-year forex repo auctions, another signal that policymakers are concerned that a recent rouble rally has gone too far. Moscow- listed shares, meanwhile, were mixed after dropping sharply on Friday, with the rouble-denominated MICEX index recovering but the...

  • MOSCOW, June 1- Russia's rouble slipped on Monday, pressured by lower oil prices and a stronger dollar, while forex sales dropped off after the end of the monthly tax period. The U.S. dollar rose 0.4 percent against a basket of major currencies as the euro sank on worries over Greece. The central bank continues to buy between $100 million and $200 million of foreign...

  • MOSCOW— Russian Foreign Minister Sergey Lavrov needs to explain why 89 politicians from 17 European countries have been banned from entering Russia and confirm their names, an opposition lawmaker said Sunday in a formal inquiry. Russia has shared the list with European Union officials, but has refused to release it. The explanation Russia has given for the...

  • BURABAI, Kazakhstan, May 29- The Eurasian Economic Union signed a free trade agreement with Vietnam on Friday, the first such deal struck by the Moscow- led body with a third party as it seeks to boost its presence on Asian markets. The EEU, which includes Russia, Armenia, Belarus, Kazakhstan and Kyrgyzstan, was launched in January to promote trade and economic...

  • Alexandrov, 28, says he's a Russian soldier who was captured in east Ukraine after being sent there on active duty with Russian special forces to help separatists fighting Kiev. Yet Russian President Vladimir Putin, in the face of widespread evidence to the contrary, has repeatedly said there are no Russian soldiers in Ukraine- only volunteers who have gone to...

  • MOSCOW— Russia's ruble is on a roller-coaster. After being the world's second worst-performing currency against the dollar last year, it is among the best in 2015.. Nikita Filippov, co-owner of a St. Petersburg- based craft brewery, says it was a godsend.

  • *Crops grow from Gulf to Russia in advanced greenhouses. AMSTERDAM, May 28- From the rooftops of Amsterdam to the expanses of Kazakhstan, Dutch technology is helping food producers to meet the needs of both gourmets and growing populations facing uncertain supplies. One of the most densely populated countries in the world, the Netherlands has long learnt to...

  • Russian hackers target US taxpayers   Thursday, 28 May 2015 | 9:00 AM ET
    Russian hackers target US taxpayers

    The IRS believes identity thieves are from a sophisticated crime syndicate in Russia

  • MOSCOW, May 28- Russia's largest lender Sberbank defied expectations for a sharper slump in first-quarter profit as strong commission income and its access to cheaper funding helped it to outperform rivals. Sberbank holds about 30 percent of Russia's total banking sector assets and Russians are used to trusting the bank with their savings since the Soviet...

  • The West has accused Russia of using gas as a tool to increase its political influence over countries like Serbia. Russia last year scrapped plans for another pipeline in southern Europe— that was to pass through Serbia— amid a deepening crisis with the West over Ukraine. Serbia has refused to join Western sanctions against Russia over its policies in Ukraine.

  • Lamborghini SUV to hit the road in 3 years Wednesday, 27 May 2015 | 2:27 PM ET
    Automobili Lamborghini announces a luxury SUV as a third model to join its product range.

    Lamborghini said it will be introducing an SUV to its product line by 2018 in an effort to expand its clientele.

  • *Russia to meet OPEC next week, likely to stick to strategy. MOSCOW/ LONDON, May 27- As Russia prepares to meet OPEC next week, a briefing paper from a Moscow think tank has shed light on how the government was warned against cutting oil output late last year even though global prices were plummeting. "If Russia cuts output, OPEC will take our market share in Europe," a team...

  • The Russian billionaires hit hard by oil's plunge Wednesday, 27 May 2015 | 7:34 AM ET
    Russian billionaire Alisher Usmanov (centre) among other businessmen

    The sharp fall in global oil prices has had a deep impact not only on the global economy, but on the fortunes of Russian billionaires.

  • Putin expects sanctions against Russia to be lifted Tuesday, 26 May 2015 | 8:02 AM ET

    MOSCOW— Russian President Vladimir Putin has encouraged businesses to expand domestically before Western nations lift economic sanctions, allowing once again the sale of many foreign goods in Russia. Russia's economy is expected to contract 3.8 percent this year in the World Bank's estimates, battered by the sanctions and capital outflows.

  • Europe, Canada face rising terror threat Monday, 25 May 2015 | 8:22 AM ET
    ISIS fighter, North American ISIS fighter, Islamic State

    Developed countries across Europe are becoming more vulnerable to terrorism, mostly due to the rising power of the Islamic State and other Islamist extremist groups.

  • WARSAW, May 24- Poles voted for a president on Sunday in a run-off that is too close to call but has already sounded a warning for the ruling Civic Platform as it looks to re-election later in the year. Originally seen as a shoo-in for a second five-year term, incumbent Bronislaw Komorowski finds himself neck and neck with his conservative challenger, Andrzej Duda,...

  • WARSAW, May 24- Poles voted for a president on Sunday in a run-off that is too close to call but has already sounded a warning for the ruling Civic Platform as it looks to re-election later in the year. Originally seen as a shoo-in for a second five-year term, incumbent Bronislaw Komorowski finds himself neck and neck with his conservative challenger, Andrzej Duda,...

  • MOSCOW, May 23- Russia would adopt a tough position if Ukraine decided not to pay off debts owed to Moscow by its previous government, Russian Prime Minister Dmitry Medvedev said in an interview broadcast by Russian TV on Saturday. Russia has spoken out against a new Ukrainian law allowing a moratorium on foreign debt repayments, threatening to take Ukraine to...

  • Shake Shack extends run on "chicken shack" talk Friday, 22 May 2015 | 2:04 PM ET

    NEW YORK— Shake Shack's shares surged to another record high Friday, fueled in part by speculation that the hamburger chain could be thinking about dishing out chicken. Last month, a unit apparently tied to Shake Shack's parent company applied to trademark the words "Chicken Shack" for chicken sandwiches. Earlier this month, Shake Shack Inc. reported...