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  • As growth stalls, G20 seeks closure on regulations Thursday, 18 Sep 2014 | 1:26 AM ET

    SYDNEY, Sept 18- G20 host Australia is leading a push to draw a line under the global financial crisis, urging the group of top economies to swiftly finalise regulations aimed at preventing a repeat of the crash and focus on measures to revive sputtering global growth.

  • Business Highlights Wednesday, 17 Sep 2014 | 5:40 PM ET

    WASHINGTON— The Federal Reserve signaled Wednesday that it plans to keep a key interest rate at a record low because a broad range of U.S. economic measures remain subpar. Walgreen provided enough flu shots last season to protect a population roughly twice the size of Los Angeles.

  • *Mitsubishi, Mitsui, Kogas in talks to buy Europe import capacity. MILAN, Sept 17- Gas buyers nervous of Russia cutting supply are helping solve Europe's problem of too many underused liquefied natural gas terminals, as they seek space at France's Dunkirk plant.

  • LONDON, Sept 17- Shares in Russian oil-to-telecoms conglomerate Sistema tumbled on Wednesday after its head Vladimir Yevtushenkov was accused by Russian investigators of money-laundering in connection with the company's acquisition of oil producer Bashneft.

  • Russian investigators accused Sistema's Vladimir Yevtushenkov of money laundering late on Tuesday in connection with his company's acquisition of up-and-coming oil producer Bashneft.

  • Tycoon's arrest sends shock wave through Russia Wednesday, 17 Sep 2014 | 2:48 AM ET

    Russia's rich have followed that rule for nearly a decade, and now fret the unspoken promise may be void. Market watchers are almost unanimous in saying that Yevtushenkov's house arrest is a move by the government and state-owned oil giant Rosneft to take control of his oil company, Bashneft.

  • Even funds sour on Russia stay sweet on Magnit Wednesday, 17 Sep 2014 | 1:00 AM ET

    Magnit sells local produce, has a CEO who meets with investors, and targets ordinary Russians. Fund investor concerns about Russia have led to some selling of Magnit lately, and fund managers warn that small investors might find the risks of investing in Magnit too big.

  • Russian billionaire placed under house arrest Tuesday, 16 Sep 2014 | 1:53 PM ET

    MOSCOW— A billionaire Russian tycoon was placed under house arrest Tuesday in a money-laundering case that has drawn comparisons with a government crackdown on Russia's Yukos oil company more than a decade ago.

  • MOSCOW, Sept 16- Persisting political tensions should help send crude oil prices back above $100 per barrel in coming quarters and they should then stay there through 2017, Russia's central bank said on Tuesday.

  • MOSCOW, Sept 16- Russia's ban on most Western food, the assimilation of the disputed Crimea region and people fleeing conflict in Ukraine are set to boost Russian grain demand this year, SovEcon, one of the country's leading agriculture consultancies, said.

  • MOSCOW, Sept 16- The Russian central bank sees crude oil prices returning to above $100 per barrel in coming quarters and staying above that mark in 2016-2017, according to the bank's quarterly monetary policy document published on Tuesday.

  • *The pipelines key for boosting Russian oil exports to Asia. MOSCOW, Sept 16- Western sanctions on Russia over Ukraine are likely to delay the launch of new oil pipelines in Siberia, Russian oil pipeline monopoly Transneft said on Tuesday, potentially derailing plans to boost oil exports to Asia in coming years.

  • Oligarch buys Russia's most popular social media Tuesday, 16 Sep 2014 | 8:12 AM ET

    London- listed Mail.Ru Group said in a statement Tuesday that it now owns the whole of VKontakte following its purchase of a 48 percent stake from investment fund United Capital Partners. Mail.Ru first invested in VKontakte in 2007 and since then has spent over $2.1 billion accumulating stock.

  • Boeing-Lockheed to team with Bezos to take on space Tuesday, 16 Sep 2014 | 7:22 AM ET
    Amazon.com founder and CEO Jeff Bezos speaks at a news conference on June 18, 2014, in Seattle, Washington

    A joint venture of Boeing and Lockheed Martin plans to develop a new rocket engine with a company run by Amazon.com founder Jeff Bezos.

  • MOSCOW, Sept 16- Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.

  • MOSCOW, Sept 16- Russian oil pipeline monopoly Transneft said on Tuesday Western sanctions on Russia over Ukraine may delay the launch of new oil pipelines in Siberia.

  • *Opel to speed up localisation of suppliers. BERLIN, Sept 16- U.S. carmaker General Motors is cutting production and shedding around 500 jobs at its Opel division in Russia, hit by a plunge in local demand due to a slowing economy and Western sanctions.

  • GM's Opel to cut Russia operations as market falls Tuesday, 16 Sep 2014 | 5:10 AM ET

    General Motors' Opel said on Tuesday it would reorganize its Russian operations, responding to "difficult" conditions amid Ukraine woes.

  • Russian ruble drops to historic low amid sanctions Tuesday, 16 Sep 2014 | 3:55 AM ET

    The United States and the European Union last week imposed a new round of sanctions against Russia for its actions in Ukraine that consisted in, among other things, blocking off Western financial markets to key Russian companies. The Russian currency fell more than 1 percent to 38.80 rubles against the U.S. dollar by noon Moscow time Tuesday.

  • MOSCOW, Sept 16- Russia's economy could contract 3-4 percent if western nations tighten sanctions over Moscow's role in the Ukraine crisis to make them similar to those imposed on Iran, former finance minister Alexei Kudrin said on Tuesday. Western sanctions already bar some of Russia's largest companies and banks from raising financing on western markets.