Two of Japan's largest banks have stepped back from Russia in recent weeks, bankers and executives told the Financial Times.» Read More
VILNIUS, Lithuania-- Lithuanians have dealt a blow to the conservative government's vision of a nation that would become a regional energy powerhouse and a member of the euro. Instead, they voted Sunday for politicians likely to dump austerity and rejected a plan to build a nuclear plant that could have made the country a net energy exporter.
Mark Mobius, Templeton Emerging Markets Group, discusses the best places to invest around the world.
All three parties promised radical policy changes, including increased wages and lower taxes, while the Social Democrats said that Lithuania should postpone introducing the euro until Europe could straighten out its current financial mess.
VILNIUS, Lithuania-- Opposition populists and leftists in crisis-worn Lithuania hinted they were prepared to form a government coalition after an exit poll late Sunday indicated their parties would take first and second place in the country's parliamentary elections.
ANKARA, Turkey-- Passengers, some in a panic, were evacuated from a plane at Turkey's Antalya airport early Sunday after crew members reported smoke inside the cockpit, airline officials and state media said.
MOSCOW, Oct 12- TNK-BP will appoint its former head of power and gas to temporarily run the upstream division after the departure of Alexander Dodds, two sources close to the Anglo-Russian oil venture said on Friday.
MOSCOW, Oct 12- TNK-BP will appoint its former head of power and gas to run the upstream division after the departure of Alexander Dodds, two sources close to the Anglo-Russian oil venture said on Friday.
By Maya Dyakina and Zlata Garasyuta. MOSCOW, Oct 12- Russian stocks ended the week in the red with miners pressured by concerns over the global economic outlook and as investors stocked up with cash ahead of public share offerings. Metal and mining companies were in the firing line, with Novolipetsk Steel.
is looking for Chinese partners to build a smelter in Siberia with a design capacity of 800,000 tonnes per year.
PRAGUE-- Iraq has agreed to buy 28 Czech-made military airplanes in a deal worth $1 billion (775 million), part of a broader effort by Baghdad to rebuild military capabilities destroyed during the U.S.-led invasion of the country, officials said Friday. Iraq only has a few planes and is unable to defend its air space.
--U.S. river cruise operator Viking Cruises Ltd. plans to issue $250 million in senior notes. On Oct. 9, 2012, Standard& Poor's Ratings Services assigned Woodland Hills, Calif.- based river cruise operator Viking Cruises Ltd. its' B+' corporate credit rating.
Oct 12- IDGC of Center and Volga Region, Russia:.
Russia has no legislation specifically defining hate crimes against any group, and three cities, including St. Petersburg, have recently passed laws laws imposing fines of up to $150,000 for providing minors with information on homosexuality, which the laws term "homosexual propaganda."
MOSCOW, Oct 12- Russian private healthcare company MD Medical Group's London share listing made a smooth start on Friday, with the global depositary receipts trading at a 2 percent premium to their issue price of $12.
WASHINGTON-- Anyone who paid attention to a hearing in Congress this week knew that the administration had been implored to beef up security at the U.S. Consulate in Libya before the deadly terrorist attack there. But in the vice presidential debate Thursday night, Joe Biden seemed unaware.
MOSCOW, Oct 12- Russia's aluminium giant RUSAL. said on Friday it mulls a tie-up with unnamed Chinese partners to build an aluminium smelter in Siberia. The statement did not say when the smelter could be built.
LONDON, Oct 12- Russian businessman Boris Berezovsky will pay 35 million pounds towards the legal fees of Chelsea Football Club owner Roman Abramovich after failing in a $6 billion London court battle with his former protege, lawyers said.
*Food prices in September rise by 5 pct. BELGRADE, Oct 12- A major increase of food prices in September, following a poor harvest and long drought, has driven Serbia's inflation to 2.3 percent and the annual figure to double digits, the statistics office said on Friday.
MOSCOW, Oct 12- Russian private healthcare provider MD Medical Group's London listing got off to a smooth start, with its global depositary receipts trading at a 3 percent premium to their issue price on the first morning.
PRAGUE, Oct 12- Russian steelmaker Evraz has temporarily shut its Czech steel production line due to low demand and the company's effort to run down its raw materials inventory, a spokesman said on Friday. The Vitkovice steel mill is a key customer of the Czech unit of ArcelorMittal which supplies it with raw materials.