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Russia

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  • MOSCOW, Oct 24- Standard& Poor's ratings agency affirmed Russia's sovereign rating on Friday at a notch above junk status, warning a downgrade may follow if more sanctions are imposed on Moscow for its role in the Ukrainian conflict. S&P also said another cut might come if Russia's monetary policy or exchange-rate flexibility weakens. Russian Finance Minister...

  • MOSCOW, Oct 24- Standard& Poor's ratings agency affirmed Russia's sovereign rating on Friday at a notch above junk status, warning that a downgrade may follow if more sanctions are imposed on Moscow for its role in the Ukrainian conflict. S&P also said another cut might come if Russia's monetary policy or exchange-rate flexibility weakens.

  • LAURA, Russia, Oct 24- Russian President Vladimir Putin issued a plea to the European Union and United States on Friday, asking them to help cash-strapped Ukraine raise funds to pay for Russian gas purchases and warning about escalation of the gas crisis. He also said he hoped a deal would be reached next week with Ukraine to end a long-running dispute in which...

  • *President denies Russia to blame in Ukraine crisis. LAURA, Russia, Oct 24- Russian President Vladimir Putin accused the United States on Friday of endangering global security by imposing a "unilateral diktat" on the rest of the world and shifted blame for the Ukraine crisis onto the West. "We did not start this," Putin told an informal group of experts on Russia that...

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015".

  • MOSCOW, Oct. 24- There are "very big risks" that Russia's economic growth could turn negative in 2015 if oil prices remain close to present levels, Economy Minister Alexei Ulyukayev said on Friday, news agency Interfax reported. The price of oil, Russia's major export, has plummeted in recent months, falling around almost $30 since June to around $85 per barrel.

  • LAURA, Russia, Oct 24- President Vladimir Putin accused the United States on Friday of making the world a more dangerous place by imposing a "unilateral diktat" in international diplomacy and denied Russia wanted to build a new empire. "Statements that Russia is trying to reinstate some sort of empire, that it is encroaching on the sovereignty of its neighbors, are...

  • *Paves the way for U.N. talks in Paris next year. The EU's 2030 goal should inject momentum ahead of a U.N. summit to be hosted by Paris in 2015 to seek a global pact on curbing climate change. Christiana Figueres, executive secretary of the U.N. Framework Convention on Climate Change, tweeted the decision gave "valuable momentum for Paris 2015.".

  • DONETSK, Ukraine, Oct 24- The clanging of repairs to tanks and heavy armored vehicles rings out from a factory in eastern Ukraine that is owned by the country's richest man but was taken over by pro-Russian rebels. The steel and energy multi-billionaire is, as always, saying little but showing signs of positioning himself for all possible outcomes to the...

  • LAURA, Russia, Oct 24- Russian President Vladimir Putin criticized on Friday what he called the United States' "unilateral diktat" in global affairs and said the "so-called" winners of the Cold War wanted a new world order that suited only them. In a speech fiercely critical of the United States, Putin told an informal group of political scholars known as the Valdai...

  • LONDON, Oct 24- World stocks dipped on Friday, as European bank stress test results due at the weekend and New York City's first case of Ebola prompted investors to lock in profits after the best week for shares in well over a year. A doctor who treated Ebola patients in West Africa became the first person to test positive for the virus in America's largest city,...

  • MOSCOW, Oct 24- Russia's biggest food retailer Magnit posted a forecast-beating 40 percent jump in third-quarter earnings on Friday after nimbly navigating an import ban and sticking with low prices despite surging inflation. Magnit, a low cost retailer with a big presence in Russia's far-flung regions, moved quickly to find new supplies to fill gaps on the...

  • MOSCOW, Oct 24- Russia's biggest oil producer Rosneft will continue drilling in the Arctic Kara Sea on its own after the departure of its partner, U.S. oil major ExxonMobil, due to sanctions, the company's head Igor Sechin said on Friday. "We will continue drilling in any case, on our own, always and everywhere. Exxon earlier suspended cooperation with Rosneft in the...

  • Ukraine election: What will the outcome be?     Friday, 24 Oct 2014 | 1:30 AM ET

    Otilia Dhand, vice president at Teneo Intelligence, discusses what to expect from the Ukrainian elections.

  • *Gas row between Ukraine and Russia testing relations. KIEV, Oct 23- Ukraine's prime minister warned on Thursday of possible attempts by Russia to disrupt an election in Ukraine at the weekend, a vote being held against a background of Russian support for separatist rebels and an unresolved row over gas. Western governments supported the "Euromaidan" winter...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...

  • Lawmakers extend Ukraine's access to EU markets Thursday, 23 Oct 2014 | 12:53 PM ET

    STRASBOURG, France, Oct 23- EU lawmakers on Thursday took the latest step in efforts to bring Kiev closer to Europe, extending Ukrainian exporters' open access to the European Union until a trade deal takes effect at the end of next year. An EU-Ukraine trade deal signed in June is at the centre of tensions between Russia and Europe because Moscow is also seeking...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...

  • Alexei Kudrin, former finance minister of Russia, says the country's central bank "will not participate" in currency interventions.

  • Oil at $80 will 'challenge' Russia: ex-Fin Min     Thursday, 23 Oct 2014 | 4:50 AM ET

    Alexei Kudrin, former finance minister of Russia, says the country's economy will face a "challenge" if the oil price hits $80 per barrel or below.