This brings total capital flight in the first half of the year to around $75 billion.» Read More
WASHINGTON, July 10- U.S. steel producers on Thursday accused Russia of flooding the market with cheap flat-rolled steel, challenging a 15- year trade deal and potentially reigniting a decades-old dispute over imports amid heightened tensions between Washington and Moscow.
Under the agreement, CNOOC's Offshore Oil Engineering Co will build "core modules" for the liquefication process on the project in Yamal in the Russian Arctic, according to a statement posted on CNOOC's website.
BRUSSELS— Ambassadors of the European Union's countries have agreed to add 11 new names to the list of people sanctioned for participating in the pro-Russian insurgency in Ukraine's east, an EU source said Wednesday.
*Russia faces threat of more sanctions. MOSCOW, July 9- Russia's economy is stagnating as data showed on Wednesday that capital worth $75 billion has left the country so far this year following sanctions on Moscow over its involvement in Ukraine.
By Maria Tsvetkova and Richard Balmforth. KIEV/ DONETSK, Ukraine, July 9- Ukrainian government forces on Wednesday warned separatists in the eastern town of Donetsk that a plan was now in place to take back the territory they occupy, but defiant rebels reported a steady flow of new recruits who were ready to fight.
KIEV/ DONETSK, Ukraine, July 9- Ukrainian government forces on Wednesday warned separatists in the eastern town of Donetsk that a plan was now in place to take back the territory they occupy, but rebels defiantly reported a steady flow of new recruits who were ready to fight.
MOSCOW, July 9- Russia saw nearly $75 billion in capital flight in the first half of the year as investors and ordinary Russians ditched the rouble en masse following sanctions imposed by the West on Moscow over its involvement in Ukraine.
MOSCOW/ LONDON, July 9- With President Vladimir Putin watching from afar, the head of Rosneft, Igor Sechin, launched the world's biggest oil drilling platform in the Okhotsk Sea to warm handshakes with his colleagues from ExxonMobil.
MOSCOW, July 9- Wall Street bank JPMorgan Chase& Co is reducing equity market staff in Russia as business falls off in areas such as initial public offerings due to the Ukraine crisis, two financial sources said.
MOSCOW— A Ukrainian air force pilot who was captured by separatist rebels last month has been arrested in Russia and charged with abetting the killing of two Russian journalists, Russian officials said on Wednesday. Ukraine has been rocked by fighting between pro- Russia rebels and government forces for over three months.
MOSCOW, July 9- Leaders of the BRICS nations will launch their long-awaited development bank at a summit next week and decide whether the headquarters should be in Shanghai or New Delhi, Russian Finance Minister Anton Siluanov said on Wednesday.
Bay Area preps for showdown. WASHINGTON— If two of the most progressive U.S. cities don't pass a tax on sugary drinks, will the idea finally fizzle out?
WASHINGTON, July 8- Ukraine must reform its historically inefficient and corrupt natural gas markets to guard against Russian aggression and supply controls, U.S. State Department officials told lawmakers on Tuesday. After invading and annexing Crimea this year, Russia cut off natural gas supplies to Ukraine last month in a dispute over unpaid bills.
SEATTLE— A Russian man recently arrested on bank fraud and other charges hacked into computers at restaurants in Western Washington, hundreds of other retail businesses, and even the Phoenix Zoo, U.S. authorities allege.
For those interested in putting money into the oil-rich nation, a new directive has made it more appealing.
VIENNA— A clutch of countries is breaking ranks with the EU's efforts to put economic and diplomatic pressure on Russia over Ukraine and building a pipeline meant to carry huge amounts of Russian gas to their doorstep.
The agency didn't say where the 30- year-old Moscow man, Roman Valerevich Seleznev, was arrested Saturday, but he was transported to Guam for an initial court appearance and detained for a July 22 hearing. Attorney Jenny Durkan in Seattle says the arrest shows cybercrooks can't hide behind distant keyboards.
PARIS, July 8- The chief executive of French oil major Total is giving himself until the end of the year to strike oil at a big new field somewhere in the world before considering whether to change direction and cut the exploration budget.
PARIS, July 8- Europe should stop thinking about cutting its dependence on Russian gas and focus instead on making those deliveries safer, including options to bypass Ukraine, the head of French oil major Total told Reuters.
WASHINGTON, July 7- President Barack Obama and French President Francois Hollande decided on Monday that Europe should impose further costs on Russia if Moscow does not immediately take steps to de-escalate tensions in eastern Ukraine, the White House said. The two leaders spoke by phone.