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Having tried and failed to become a major financial center, Moscow is trying yet again — only this time it finds itself competing for business with Warsaw, not London, Tokyo and New York, the New York Times reports.
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Having tried and failed to become a major financial center, Moscow is trying yet again — only this time it finds itself competing for business with Warsaw, not London, Tokyo and New York, the New York Times reports.
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MOSCOW, April 4- Britain- based Rockefeller Oil Company Plc will acquire upstream oil and gas assets in Russia from VTB Bank for around $1 billion, Russian business daily Kommersant reported on Thursday, citing sources.
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April 4- China's influence in Africa goes so deep that African leaders are starting to shape their own agendas after China's. In welcoming Xi Jinping, China's new president, to South Africa last month for a BRICS conference, Zuma gushed, "We view China's success as a source of hope and inspiration."
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LONDON, April 4- Stronger manufacturing and services output in China helped lift emerging market business confidence in March, masking slower growth in Brazil, Russia and India, a monthly purchasing managers' survey showed.
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CHICAGO, April 3- BBQ fans, brace yourselves: "Pork butt" will soon be a thing of the past. The revised nomenclature emerged after two years of consumer research, which found that the labels on packages of fresh cuts of pork and beef are confusing to shoppers, said Patrick Fleming, director of retail marketing for trade group National Pork Board.
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*Copper at 8- month low, gold at 9- month bottom. NEW YORK, April 3- The commodities selloff that began at the outset of the second quarter deepened on Wednesday as weak U.S. jobs and services data dented recovery hopes in the world's No. 1 economy, sending oil, metals and crop prices tumbling with stocks. Copper lost about 1 percent, after touching an eight-month low.
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NEW YORK, April 3- The selloff in commodities that began at the outset of the second quarter deepened on Wednesday as weak U.S. jobs and services data dented recovery hopes in the world's No. 1 economy, sending oil, metals and crop prices tumbling along with stocks.
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CARACAS, April 3- Venezuela's acting President Nicolas Maduro and opposition leader Henrique Capriles square off in an April 14 vote to succeed late leader Hugo Chavez. *Maduro entered politics in 2000 as a legislator in the National Assembly, where his combative defense of Chavez's policies made him one of the president's proteges.
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April 3- Jim O'Neill, head of Goldman Sachs Asset Management, thinks Beppe Grillo and his Five Star Movement is a greater threat to Europe and the euro than the trials of little Cyprus.
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DEAD SEA, Jordan, April 3- After midnight on one of Jordan's busiest highways, only the beaming headlights of vehicles driving between the capital Amman and the Dead Sea pierce the gloom. The highway is lined with street lights as it weaves down from Amman to the valley floor below sea level, but none are switched on.
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TYUMEN, Russia, April 3- Forty-five years after its accidental discovery deep under the swamps of West Siberia, the race is now on to develop the world's largest shale oil resource, Russia's Bazhenov.
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JERUSALEM- Israel pressed Hamas on Wednesday to rein in rocket-firing militants in the Gaza Strip after the most serious outbreak of cross-border hostilities since a ceasefire ended an eight-day war in November.
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The death of Laiki, also known as Cyprus Popular Bank, was brutal. Board members said they had fought to the bitter end.
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Nationalists in Kyrgyzstan are threatening to return to the streets to topple another government unless it expropriates the Kumtor goldmine, a treasure they say was sold off too cheaply to foreigners.
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KUMTOR, Kyrgyzstan, April 3- In an impoverished young nation with a habit of overthrowing its rulers, the future now balances on a mountain of gold at the top of the world, where the air is so thin collapsing visitors may be rushed to a pressure chamber for oxygen.
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Julian Mayo, CIO of Charlemagne Capital UK, says Russia is looking increasingly attractive due to its growing consumer market, high yielding companies and weak domestic investing base.
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UNITED NATIONS- The 193- nation U.N. General Assembly on Tuesday overwhelmingly approved the first treaty on the global arms trade, which seeks to regulate the $70 billion business in conventional arms and keep weapons out of the hands of human rights abusers.
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We look forward to continued engagement and successful collaboration with India on these issues, "said Andrea Mead, a spokeswoman for the U.S.
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NICOSIA, April 2- Cyprus's finance minister resigned on Tuesday after concluding a 10 billion euro bailout deal with international lenders in which the country slashed its dominant banking sector and hit depositors with losses.
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NICOSIA, April 2- On the evening of the last Wednesday in March, the directors of Laiki bank, the second largest in Cyprus, gathered in their sixth floor board room for the last time. "Laiki Bank was a very good bank for many, many years," said Afxentis Afxentiou, a former governor of Cyprus' central bank.