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  • UPDATE 1-Russian assets little changed in early trade Wednesday, 4 Mar 2015 | 2:42 AM ET

    MOSCOW, March 4- The Russian rouble was little changed in early trade on Wednesday, slightly losing ground against the U.S. dollar but gaining against the euro, while Moscow- listed shares edged higher. Oil, Russia's main export, traded around $0.3 lower, with Brent crude holding above $60 per barrel. Analysts said the future trajectory of the Russian currency was...

  • PARIS— A British investor who made millions in Russia before his lawyer was imprisoned and died is calling for an international investigation into the killing of Russian opposition figure Boris Nemtsov. U.S.-born William Browder is suggesting a probe led by the United Nations, the Council of Europe or the Organization for Security and Cooperation in Europe.

  • Mongolia, which has Russia and China as its neighbours, has large quantities of natural resources including copper, gold, silver and uranium deposits. Merkel outlined the difficulties involved in getting start-up financing for infrastructure and mining projects, and the need for infrastructure expansion in Mongolia. "Thirdly, Mongolia has big neighbours...

  • The Reserve Fund is used to support Russian public finances in time of low oil and gas prices and is held in dollars, euros and British pounds. Russia's other main sovereign fund, the National Wealth Fund, rose by $900 million in February to $74.92 billion, the ministry said Tuesday, although its value in ruble terms fell. As of February 20, the last date for which data...

  • Azerbaijan watches for dissent as economy slows Tuesday, 3 Mar 2015 | 5:50 AM ET

    BAKU, March 3- Azerbaijan is keeping a close eye on any sign of dissent as economic problems mount before a parliamentary election this year in the oil-producing former Soviet republic. Hit by the fall in global oil prices, the rouble's drop against the dollar in neighbouring Russia and the separatist war in east Ukraine, the South Caucasus country devalued the...

  • In Russia, dollar-denominated and rouble-based stocks rose as much as 1.9 percent, getting a helping hand from oil rising above $60 per barrel and progress in talks over gas supplies from Moscow to Kiev. "It just feels like things are de-escalating," Ilan Solot, emerging market currency strategist at Brown Brothers Harriman, said of the Ukraine situation.

  • GENEVA, March 3- Europe's carmakers are benefiting from robust demand for passenger cars in most of Europe although the slumping Russian market continues to cast a shadow, making forecasts increasingly difficult, the Chief Executives of Opel and Volkswagen said. The Russian market, once the third largest for General Motors in Europe, is massively down and GM...

  • *Nasdaq passes 5,000 as Wall Street extends winning streak. Wall Street kicked off March on a high note after a stellar February, when the benchmark S&P 500 Index registered its best monthly gain since October 2011. This bull market still has some room to go, "said Jason Pride, director of investment strategy at Glenmede in Philadelphia.

  • Biggest billionaire losers in 2014? The Russians Monday, 2 Mar 2015 | 11:11 AM ET
    Yuri Kovalchuk

    Sanctions have taken a toll. More than 100 people fell off the Forbes World's Billionaires list—with the largest number from Russia.

  • *China rate cut lifts Asia equities, gold. Wall Street kicked off March on a high note after a stellar February, when the benchmark S&P 500 Index registered its best monthly gain since October 2011. Asian stocks ended higher after China cut interest rates over the weekend, but European equities slipped from seven-year highs hit on merger activity in the telecom...

  • BMW: Russian market holding up  Monday, 2 Mar 2015 | 11:10 AM ET

    Ian Robertson, member of the board of management at BMW, weighs in on BMW's markets, in particular Russia, Europe and China.

  • PepsiCo to close Russian juice plant Monday, 2 Mar 2015 | 9:13 AM ET

    MOSCOW, March 2- PepsiCo Inc said on Monday it would close a juice plant outside Moscow as demand in Russia falls due to an economic slump and the Ukraine crisis. PepsiCo, the biggest fruit juice producer in Russia, said it would close a plant in the town of Ramenskoye which employs 400 staff and has more than 10 production lines. "From June 2015, juice production will be...

  • MOSCOW, March 2- Yamal LNG, a project to produce 16.5 million tonnes of liquefied natural gas per year, is proceeding without delays, Mark Gyetvay, chief financial officer of Russia's No. 2 gas company Novatek, told a conference call on Monday. Novatek's access to global financial markets has been limited due to Western sanctions over Moscow's role in the Ukraine...

  • BRUSSELS— Russia and Ukraine reached an agreement late Monday to ensure natural gas supplies to war-torn Ukraine for the month of March, averting possible cuts that could have hit supplies to the European Union. "I am satisfied that we managed to safeguard the full application of the winter package for the supply needs in Ukraine," said EU energy chief Maros...

  • *Europe shares dip off lows as Vivendi weighs. China rate cut helps lift Asian equities, gold. LONDON, March 2- European shares slipped from seven-year highs on Monday, weighed down by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend.

  • "Investors who have been buying Russia since the start of this year will not be dissuaded by the events of the weekend. "For investors not active in Russia because of an already firm conviction of unacceptable risk, Nemtsov's murder will only serve to re-enforce their convictions." Oil, Russia's chief export, fell about 2 percent on Monday, with benchmark Brent...

  • GENEVA, March 2- Russian Foreign Minister Sergei Lavrov told the main U.N. human rights forum on Monday that the murder of Kremlin critic Boris Nemtsov was a "heinous crime" and that President Vladimir Putin was leading an investigation to bring perpetrators to justice. He addressed the Geneva forum shortly before U.S. Secretary of State John Kerry and after the...

  • *China rate cut helps lift Asian shares, gold. LONDON, March 2- European shares clung to seven-year highs on Monday, lifted by merger activity in the telecoms sector, while Asian stocks edged up after China cut interest rates at the weekend. German manufacturing activity expanded further in February as new order rose, according to Markit's final purchasing...

  • Renault-Nissan CEO: Russia market will be tough  Monday, 2 Mar 2015 | 4:00 AM ET

    Carlos Ghosn, CEO of Renault-Nissan, talks about the market in Russia, saying that they are preparing for a period of decline that could last beyond 2015.

  • MOSCOW, March 1- Holding placards declaring "I am not afraid", thousands of Russians marched in Moscow on Sunday in memory of Kremlin critic Boris Nemtsov, whose murder has widened a split in society that some say could threaten Russia's future. Families, the old and young walked slowly, with many carrying portraits of Nemtsov, an opposition politician and former...