Alisa Lockwood, head of Europe at IHS Economics and Country Risk, says the Ukrainian president was "playing" both Russia and the EU and clearly "miscalculated" the amount of support for the EU.» Read More
U.S. military planes began delivering aid to Georgia as Washington stepped up support for a shaky ceasefire with Russian troops around the breakaway region of South Ossetia.
Georgia accused Russia of breaking a ceasefire in their six-day-old conflict on Wednesday and President George W. Bush demanded Moscow act to resolve a crisis.
With Russia playing cold war games during these Olympic games should you head straight for the sidelines?
General Motors has had preliminary contact with Russian oligarch Oleg Deripaska on a possible sale of its Hummer brand, sources familiar with the matter said.
Oil rose almost $3 a barrel on Wednesday after a U.S. government report showed declines in fuel and crude inventories in the world's top consumer.
Georgia and Russia agreed in principle to an EU-brokered peace plan over South Ossetia on Wednesday as the U.S. showed disapproval of Moscow's attacks on its neighbor.
Oil fell to $113 a barrel on Tuesday after government data showed the steepest decline in U.S. crude demand in 26 years, adding to mounting concerns about global consumption.
Russian President Dmitry Medvedev ordered a halt to military operations in Georgia on Tuesday, after five days of fighting and just before French President Nicolas Sarkozy was to hold peace talks in Moscow.
Stocks finished with modest gains as oil dropped modestly, continuing their almost-perfect inverse relationship on a day that also saw the further resurgence of the dollar and solid gains in technology.
How does the Russia-Georgia conflict affect crude oil, the U.S. dollar and the global markets?
The Russian rouble and share indexes rebounded on Monday from a severe drop earlier in the day, boosted by President Dmitry Medvedev's statement the military conflict with Georgia might be nearing its end.
Stock index futures pointed to a lower start for the week on Wall Street as oil prices climbed on fears of the affects on energy markets of the war between Russia and Georgia over the South Ossetia region.
Georgian President Mikhail Saakashvili accused Moscow of trying to overthrow his government, while Russian President Dmitry Medvedev said that a military operation in South Ossetia was nearly over.
There's more than meets the eye to the frantic US efforts to talk Russia and US ally Georgia out of war over an obscure mountain tract most Americans have never heard of.
Shipments of oil and oil products from two of Georgia's ports have been suspended because of fighting in the ex-Soviet state's breakaway South Ossetia region, Azeri state energy firm SOCAR said on Saturday.
Georgia, whose credit ratings were cut on Friday after military clashes with Russia, was praised on Saturday by foreign investors, who contrasted its efforts to reassure them over the crisis with those of Russia.
Russian tanks and troops rumbled into the separatist province of South Ossetia and Russian aircraft bombed a Georgian town Saturday in a major escalation of the conflict that has left hundreds of civilians dead and wounded. V
Rapidly escalating violence in Georgia -- including a reported Russian air strike near the capital -- helped send emerging stockmarkets to their lowest level in almost a year on Friday, with Russian markets worst hit.
BG strikes oil in Santos Basin off Brazil coast BG Group has made a "material" new oil discovery at its Iara well in Brazil's subsalt reserves, its sixth-straight success in the deep water Santos Basin since drilling began, the British gas producer said on Friday.
In the spirit of the Beijing Olympics set to begin on Friday, we thought it would be fun to apply a CNBC twist to the summer games. Which World Market Index is poised to win the gold?