CNBC contributor Larry McDonald, and Dennis Gartman, The Gartman Letter, discuss how broader economic sanctions will impact the Russian economy and citizens, and if now is the time to buy Russia.» Read More
MOSCOW, July 31- Russia's consumer protection watchdog said on Thursday it had stopped imports of Ukrainian juice, Moscow's latest trade ban announced following new Western sanctions over Ukraine.
MOSCOW, July 31- Russia's consumer protection watchdog, Rospotrebnadzor, said on Thursday it had stopped imports of Ukrainian juice, Moscow's latest trade ban following new Western sanctions against Russia over Ukraine.
TOKYO, July 31- The dollar stayed strong and U.S. bond yields held firm on Thursday after data showed solid U.S. economic growth, even as the Federal Reserve repeated its message that it is in no hurry to raise interest rates. MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat in early trade.
July 30- Only days before U.S. authorities reached a landmark $8.97 billion settlement with BNP Paribas over the bank's dealings with countries subject to U.S. sanctions, New York Governor Andrew Cuomo intervened to ensure the state government got a much bigger share of the proceeds, according to three people familiar with the situation.
BRUSSELS— The European Union targeted Russian President Vladimir Putin's inner circle for the first time Wednesday for the Kremlin's actions in Ukraine, subjecting three of his long-time associates to EU-wide asset freezes and travel bans.
NEW YORK, July 30- Oil prices tumbled on Wednesday, with Brent leading the decline weakened by excess supplies in Europe and Asia and U.S. crude followed suit despite a larger-than-expected drop in nationwide stockpiles.
*Flows of Russian wealth to Singapore rising. *Banks in Singapore are clamping down on who they let in. New sanctions imposed by Washington and Europe over the Ukraine crisis have prompted firms such as VTB- Russia's second-largest bank by assets- and Gazprombank to look east for new sources of funding.
BRUSSELS— The European Union's sanctions against Russia are bound to inflict pain on the country's ailing economy. While still narrowly targeted, they come as a warning shot to convince Moscow to change its Ukraine policies or face even tougher penalties. EU officials say the penalties can be eased if Moscow cooperates in Ukraine.
*U.S crude stocks down 3.7 mln barrels, Cushing down- EIA. NEW YORK, July 30- Oil prices fell on Wednesday, with Brent leading the decline weakened by excess supplies in Europe and Asia, while U.S. crude pared gains despite a larger-than-expected drop in nationwide stockpiles.
BERLIN, July 30- Germany and the European Union are trying to convince several non-EU countries to join the bloc and United States in imposing sanctions against Russia for its support of separatist rebels in eastern Ukraine, the Foreign Ministry said on Wednesday.
NEW YORK, July 30- The dollar hit 10- month highs against a basket of major currencies on Wednesday while U.S. two-year note yields surged to their highest since May 2011 after data showed surprisingly strong U.S. economic growth.
LONDON, July 30- European shares closed lower on Wednesday, little moved by strong U.S. growth data, after weak earnings reports from cement-makers and concerns about a possible escalation of the conflict between Russia and Ukraine.
LONDON, July 30- Gold fell on Wednesday, pressured by a multi-month high in the dollar following stronger-than-expected U.S. economic growth data and ahead of a Federal Reserve statement that could give hints on interest rate policy. Spot gold, flat initially, fell 0.3 percent to $1,295.20 an ounce by 1452 GMT, after breaking below $1,300 in the previous session.
*U.S., EU impose more sanctions on Russia over Ukraine. LONDON, July 30- Brent crude oil steadied below $108 a barrel on Wednesday, weakened by ample supplies in Europe and Asia, while U.S crude edged higher after data showed a large drop in stockpiles.
MOSCOW, July 30- Russia has proposed that Apple Inc and SAP hand the government access to their source code to make sure their widely used products are not tools for spying on state institutions.
*Eramet says Norilsk would sell to Asia if targeted by West. PARIS, July 30- An embargo against Norilsk Nickel as part of Western sanctions against Russia would hurt nickel users in Europe and the United States rather than Norilsk itself, the head of French mining group Eramet said.
DONETSK, Ukraine, July 30- Western leaders may be Vladimir Putin's biggest critics over the conflict in east Ukraine but the Russian leader is also facing criticism from some of the rebels they accuse him of arming.
MOSCOW, July 30- Russia's second largest natural gas producer Novatek said on Wednesday it was assessing the impact of U.S. sanctions on the financing of joint investment projects. The company repeated that its key projects would go ahead despite sanctions imposed by Washington over Moscow's actions in Ukraine.
*Poland says ban is retaliation for EU sanctions on Russia. MOSCOW/ WARSAW, July 30- Russia announced a ban on most fruit and vegetable imports from Poland on Wednesday and said it could extend it to the entire EU, a move Warsaw called Kremlin retaliation for new Western sanctions over Ukraine imposed on Russia a day earlier.
MOSCOW/ KIEV, July 30- Russia fought back on Wednesday over new U.S. and EU sanctions imposed over Ukraine, where fighting between Moscow- backed rebels and government troops has intensified since a Malaysian airliner was shot down.