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  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • *Investors look past possible OPEC output cut. Comments from OPEC's secretary general last week that the group could cut output next year buoyed Brent on Friday, but investors' attention turned back to the gloomy economic outlook in Europe and China which has curbed oil demand.

  • Matti Lievonen, CEO of Neste Oil, explains why sanctions on Russia won't hurt the Finnish refiner. He also discusses the firm's damaged hydrogen production unit at its Porvoo refinery.

  • SINGAPORE, Sept 22- U.S. crude futures steadied above $92 a barrel on Monday ahead of the contract's expiry after losses in the prior session fueled by ample supplies and the dollar's strength. *Brent November oil dropped 33 cents to $98.06 per barrel.

  • UPDATE 1-Blackstone is "giving up on Russia" - FT Sunday, 21 Sep 2014 | 4:43 PM ET

    Sept 21- U.S. private equity group Blackstone Group LP is "giving up on Russia", highlighting how even well-connected Western investors are turning away from the country, the Financial Times reported on Sunday.

  • Blackstone is "giving up on Russia" - FT Sunday, 21 Sep 2014 | 4:16 PM ET

    Sept 21- U.S. private equity group Blackstone Group LP is "giving up on Russia", highlighting how even well-connected Western investors are turning away from the country, the Financial Times reported.

  • Blackstone to pull out of Russia Sunday, 21 Sep 2014 | 1:00 PM ET

    Blackstone is "giving up on Russia", highlighting how even well-connected western investors are shying away from doing business in the country.

  • WASHINGTON, Sept 21- The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos unveiled a new engine project, but officials and industry insiders say it will take years and hundreds of millions of dollars to develop a locally built alternative.

  • CAIRNS, Australia, Sept 21- The Group of 20 countries is formulating plans for a legal framework to improve the exchange of information between countries in order to stamp out tax avoidance, French Finance Minister Michel Sapin said on Sunday.

  • CAIRNS, Australia, Sept 21- Following is the text of the communique issued after on Sunday the meeting of finance ministers and central bankers from the Group of 20 leading nations in the Australian city of Cairns.

  • Pass the brewski? Pabst sold to Russian company Friday, 19 Sep 2014 | 7:10 PM ET

    Pabst Brewing Co. sold to a Russian beverage firm after a century and a half of American ownership.

  • WASHINGTON, Sept 19- Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations. Washington extended sanctions on Russia last week over its aggression in Ukraine.

  • Exxon winds down Russian Arctic well on sanctions Friday, 19 Sep 2014 | 1:37 PM ET
    The Exxon Mobil corporate pavilion at the 21st World Petroleum Congress in Moscow, June 16, 2014.

    Exxon Mobil said the U.S. government has allowed it to wind down activity on a Russian Arctic drilling well that has been a target of U.S. sanctions.

  • WASHINGTON, Sept 19- Oil major Exxon Mobil said on Friday the U.S. Treasury Department had granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week over its intervention in Ukraine.

  • WASHINGTON, Sept 19- U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week to punish Moscow for its intervention in Ukraine.

  • WASHINGTON, Sept 19- U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic.

  • It can get scary being a Russian oil billionaire Friday, 19 Sep 2014 | 12:04 PM ET
    Chairman of conglomerate Sistema, Vladimir Yevtushenkov in St. Petersburg, in May.

    Russian oligarchs are becoming increasingly worried about the country's investment climate and economy in general.

  • BUSINESS-NEWS-SCHEDULE AT 1600 GMT / 12:00 p.m. ET Friday, 19 Sep 2014 | 12:01 PM ET

    Alibaba expected to rise in trading debut on heavy interest. NEW YORK- Alibaba Group Holding Ltd's shares surge 41 percent to $96.02 on their first day of trading as many investors who received fewer shares than hoped lined up orders to buy what looks likely to be the largest IPO in history. Wall St rises as Scots stay in UK, Alibaba debuts.

  • MOSCOW, Sep 19- Russian shares got a short-lived boost on Friday afternoon after a well-known tycoon was freed from house arrest, but the market optimism faded, leaving indexes well into the red. But he will have to stay in Russia to face money laundering charges.

  • Russian investigators deny billionaire's release Friday, 19 Sep 2014 | 10:20 AM ET

    Russia's Investigative Committee said Friday that the 65- year old Yevtushenkov has remained under house arrest, dismissing the claim of his release issued by his Sistema holding company.