Patrick de La Chevardière, CFO of Total, says Western sanctions against Russia are pushing the country to form closer ties with China.» Read More
In a wide-ranging interview, CNBC's Steve Liesman talks with Treasury Secretary Jack Lew about how the U.S. is sparking economic growth.
MOSCOW, April 9- Russia's biggest gold miner Polyus Gold is considering delisting from London, Kommersant newspaper said on Wednesday, which would make it the first Russian company to heed a call by officials to bring assets home to survive Western sanctions.
LONDON, April 9- European shares rebounded on Wednesday, led by automakers, although caution ahead of the European earnings season could keep gains under check. Volkswagen rose 2.8 percent and Porsche 3.9 percent after Bernstein raised its ratings for the shares, traders said. It also said Volkswagen had extensive exposure to a European market recovery.
MOSCOW, April 9- The Russian unit of German retailer Metro now has four banks working on its delayed initial public offering, with Morgan Stanley and Citibank working alongside Goldman Sachs and Sberbank, three financial sources said. Citibank and Goldman Sachs declined to comment.
MOSCOW, April 9- Russia's Gazprom and China may sign a landmark gas deal next month, a Russian official said on Wednesday, marking some progress in a long-stalled agreement that would boost Moscow's efforts to turn eastwards away from Western sanctions.
STOCKHOLM, April 9- Sweden's Volvo, the world's second biggest truck maker, has put a partnership with Russian battle-tank maker Uralvagonzavod on hold due to increasing tensions between Ukraine and Russia, the truck maker said on Wednesday.
LONDON, April 9- European shares advanced on Wednesday, with automakers leading the market higher on a positive growth outlook for some major companies, although caution ahead of the European earnings season could keep gains under check.
With Ukrainian and Western banks closing, Crimea's 2 million people have been forced to deal with a cash economy since Russia annexed the Black Sea peninsula last month- an illustration of the economic obstacles that might lie ahead for a contested region.
*Ukraine unrest keeps uncertainty simmering. It was an easier start for European bourses after a difficult couple of days during which tensions have escalated in Ukraine and the European Central Bank has tempered expectations of new mass asset-buying programme.
MOSCOW, April 9- Russia's biggest gold miner Polyus Gold is considering delisting from London, Kommersant newspaper said on Wednesday, the first Russian company to suggest it may heed a call by officials to bring assets home to survive Western sanctions.
*Shares up 6.6 pct in Hong Kong, outperform index. MOSCOW/ HONG KONG, April 9- Lenders have granted Russian aluminium group Rusal a three-month breather, giving the loss-making firm time to try to hammer out revised terms for $3.7 billion of debt repayments without risk of default.
MOSCOW, April 9- Russia's largest steelmaker, Evraz, posted on Wednesday a 2013 net loss of $572 million, 35 percent deeper than in 2012 due to "cyclical headwinds" and said the political standoff with Ukraine could hit its business.
*U.S. accuses Russian agents of stirring eastern Ukraine unrest. SINGAPORE, April 9- Brent futures held steady above $107 a barrel as geopolitical tensions over Ukraine worsened, overshadowing U.S. industry data that showed crude stockpiles in the world's largest oil consumer rose nearly six times more than expected.
*U.S. accuses Russian agents of stirring eastern Ukraine unrest. SINGAPORE, April 9- Brent futures held near $108 a barrel as geopolitical tensions over Ukraine worsened, overshadowing U.S. industry data that showed crude stockpiles in the world's largest oil consumer rose nearly six times more than expected.
*FamilyMart tumbles after earnings report. TOKYO, April 9- Japan's Nikkei share average hit a two-week low on Wednesday morning after Bank of Japan Governor Haruhiko Kuroda's comments the previous day raised doubts over whether the BOJ will ease its policy stance anytime soon, sending the yen higher.
SINGAPORE, April 9- Gold was trading near its highest in two weeks on Wednesday, holding on to sharp overnight gains, as rising geopolitical tensions over Ukraine burnished its safe-haven appeal. *Spot gold rose nearly 0.1 percent to $1,309.22 an ounce by 0021 GMT, after gaining 0.9 percent in the previous session.
SEOUL, April 9- U.S. crude oil futures slipped in early Asian trade on Wednesday after jumping more than 2 percent in the previous session, but prices remained underpinned by a U.S. stock draw for gasoline and tensions over Ukraine. *U.S. crude edged down 24 cents at $102.32 a barrel as of 0020 GMT after settling $2.12 higher at $102.56 a barrel on Tuesday.
David Sandalow, Former Acting Under Secretary of Energy and Assistant Secretary for Policy & International Affairs at the US Department of Energy from 2009 to 2013, discusses the meeting of European Union and Ukraine energy ministers on Tuesday to reduce energy reliance on Russia.
Sterland said there would be a discussion of the "full range" of geopolitical risks, but noted that tensions over Ukraine had already been an issue at the last G20 just six weeks earlier, and there was no plan for joint action against Russia. Last month Ukraine won a $14 billion to $18 billion standby credit from the IMF.
WASHINGTON, April 8- U.S. lawmakers said on Tuesday they would include a ban on military contact with Russia and other measures to punish Moscow's aggression against Ukraine in the annual defense authorization bill, bringing their push for a more assertive U.S. reaction to a new front.