Billions of Western dollars in aid to Ukraine will likely end up in the coffers of the Russian government thanks to a bond clause.» Read More
Investors are watching Russian beer venture BBH and struggling Anglo-Irish Bank, both of which report earnings Wednesday.
Russian President Vladimir Putin on Monday signed a long-awaited law on strategic industries, designed to clarify which assets will be off-limits to foreigners, the Kremlin said in a statement.
The financial sector fueled a rally in European shares on Friday, which scored their third weekly gain, after U.S. jobs data suggested the world's largest economy was proving more resilient than expected.
Private equity firms are hiring more staff in emerging markets to keep up with faster growth opportunities in Asia and Eastern Europe.
The figures are enough to make Exxon executives foam at the mouth. Revenues have doubled, profits have increased five fold and production is up 11%. Where in the world can you find this kind of petrol potential?
Energy producers cannot halt a rally that has driven oil to nearly $120 a barrel and the world might have to live with even higher prices if it wants supplies for the future, exporters said on Tuesday.
Ten billionaires failed to make Forbes magazine's annual list of the 100 richest Russians that is led by those who built their fortunes on the country's metals resources.
"It's like a comet that just keeps soaring" is how one floor trader described oil's historic rise to nearly touch $114 a barrel for the first time ever this morning. Energy futures on both sides of the Atlantic hit new records on some serious supply concerns and surging overseas demand.
This Poland-based liquor business just might. Here's why Cramer loves the stock.
European stocks ended lower for the third straight session on Thursday but well off the day's lows as strong gains on Wall Street sparked a late recovery, eclipsing fears of more asset writedowns in the banking sector.
Russia's TV ad market is heating up. Here's how you play it.
Venezuela is seeking to remove Exxon Mobil as the operator of its joint-venture refinery in Chalmette, Louisiana, Oil Minister Rafael Ramirez said Wednesday.
Got milk? Wimm Bill Dann does, and the West is taking notice.
European shares snapped a two-day winning streak to end Tuesday 1 percent lower, led down by banks on persistent worries of more losses from a global credit crisis, and by weakness in technology shares.
U.S. private equity firm TPG is planning to announce that it is buying half of SIA Iternational, Russia's largest pharmaceutical distributor, for $800 million, the Wall Street Journal reported on its Web site.
The European Union is unveiling plans Monday to allow passengers on flights in European airspace to use mobile telephones.
A breakup of Swiss bank UBS would not be possible at the moment but it should be thoroughly restructured to bring it back on course, Luqman Arnold, chairman of investment company Olivant and former president of UBS, told CNBC Europe.
Are hedge funds and investment banks unfairly driving up fuel costs for families in the U.S. -- or are soaring energy prices the result of a strong global economy and a free financial system? Industry officials are debating the question -- and will present their arguments to CNBC on Thursday.
European stocks closed slightly lower Friday, as hopes for a near-term interest rate cut from the European Central Bank diminished on signs of growing inflation pressures in the euro zone.
Russia raised pressure on BP's joint venture on Tuesday as the Interior Ministry said it was probing a big tax evasion case while TNK-BP itself said it is struggling to renew visas for almost 150 employees from BP.