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  • MOSCOW, Sept 16- Russia risks slipping into recession because the government is not investing enough in the economy to weather Western sanctions, former finance minister Alexei Kudrin said on Tuesday, criticizing the strategy so far.

  • MOSCOW, Sept 16- Russian oil pipeline monopoly Transneft said on Tuesday Western sanctions on Russia over Ukraine may delay the launch of new oil pipelines in Siberia.

  • *Opel to speed up localisation of suppliers. BERLIN, Sept 16- U.S. carmaker General Motors is cutting production and shedding around 500 jobs at its Opel division in Russia, hit by a plunge in local demand due to a slowing economy and Western sanctions.

  • GM's Opel to cut Russia operations as market falls Tuesday, 16 Sep 2014 | 5:10 AM ET

    General Motors' Opel said on Tuesday it would reorganize its Russian operations, responding to "difficult" conditions amid Ukraine woes.

  • Russian ruble drops to historic low amid sanctions Tuesday, 16 Sep 2014 | 3:55 AM ET

    The United States and the European Union last week imposed a new round of sanctions against Russia for its actions in Ukraine that consisted in, among other things, blocking off Western financial markets to key Russian companies. The Russian currency fell more than 1 percent to 38.80 rubles against the U.S. dollar by noon Moscow time Tuesday.

  • MOSCOW, Sept 16- Russia's economy could contract 3-4 percent if western nations tighten sanctions over Moscow's role in the Ukraine crisis to make them similar to those imposed on Iran, former finance minister Alexei Kudrin said on Tuesday. Western sanctions already bar some of Russia's largest companies and banks from raising financing on western markets.

  • MOSCOW, Sept 16- Western sanctions on Russian companies, officials and banks are counterproductive and do not solve political problems, Deputy Prime Minister Arkady Dvorkovich said on Tuesday. "When it comes to sanctions we consider them meaningless, counterproductive... measures that do not solve political problems," he told a foreign business conference.

  • NYMEX-U.S. oil retreats on softer economic data Monday, 15 Sep 2014 | 8:29 PM ET

    It settled 65 cents a barrel higher at $92.92 on the previous session, recovering by more than $2 a barrel after falling earlier in the session towards 16- month lows. *November Brent gained 20 cents a barrel to $98.08 after it ended 8 cents lower at $97.88.

  • *Russia to meet with OPEC as low prices pressure budget. "The Chinese data was sufficiently negative to create real worry again about the outlook for demand there and globally," said John Kilduff, a partner at Again Capital LLC in New York.

  • China's shifting economy     Monday, 15 Sep 2014 | 2:53 PM ET

    Discussing China's economy and the sharp decline in China's industrial production, with John Rutledge, SAFANAD chief investment strategist.

  • Russia to meet with OPEC as low prices pressure budget. "The Chinese data was sufficiently negative to create real worry again about the outlook for demand there and globally," said John Kilduff, a partner at Again Capital LLC in New York.

  • *Russia to meet with OPEC as low prices pressure budget. NEW YORK, Sept 15- Brent and U.S. crude futures fell in choppy trading on Monday, with weak Chinese economic data pushing the expiring October Brent contract to a two-year low and news that Russia's energy minister would meet OPEC officials cushioning the drop.

  • MOSCOW, Sept 15- Russia's rouble fell to a record low against the dollar on Monday, as Russian companies made payments on foreign debt, oil prices dropped and markets came to expect the central bank would not intervene to defend the currency.

  • *Russia has so far ruled out joint action with OPEC. MOSCOW, Sept 15- Russian Energy Minister Alexander Novak will meet OPEC officials on Tuesday in Vienna, his spokeswoman said, as oil's price fall piled pressure on Moscow's budget. So far, Russia, the world's top producer of conventional oil, has ruled out coordinated action with OPEC to halt the price decline.

  • *SABMiller gains on report InBev seeking funding for takeover. A recovery in mergers and acquisitions has helped drive stock markets to multi-year highs, and sentiment was helped by a report that the world's No. 1 brewer, Anheuser-Busch InBev, was working on a bid for rival SABMiller.

  • Time to repeal crude oil ban: Hess CEO     Monday, 15 Sep 2014 | 7:31 AM ET

    John Hess, Hess CEO, discusses the benefits of exporting America's oil. And Sen. Heidi Heitkamp, (D-N.D.), shares her thoughts.

  • AMSTERDAM, Sept 15- Beneath the low beams of a converted warehouse in Amsterdam lives a company with many of the attributes of a Silicon Valley startup, except that at less than a year old it has zero venture capital and says it is already making enough money to sustain itself.

  • MOSCOW, Sept 15- Russia's rouble currency hit a new low against the dollar on Monday, hit by falling oil prices and a decision by the central bank not to raise interest rates despite investor concern over the economic effect of the Ukraine crisis.

  • GLOBAL MARKETS-China anxiety knocks shares, oil Monday, 15 Sep 2014 | 4:49 AM ET

    *China slowdown worries rattle stocks, Russian sanctions eyed. LONDON, Sept 15- Stock markets fell on Monday after China's factory output grew at the weakest pace in nearly six years in August, while worries over the impact of another round of sanctions on Russian projects added to headwinds for Moscow- listed companies and the oil market.

  • *China Aug factory output growth slows to near 6- year low. LONDON, Sept 15- Brent crude oil on Monday slumped to its lowest in over two years, below $97 per barrel as lacklustre economic data from China, the world's top energy consumer, cast a shadow over the outlook for oil demand at a time of abundant supply.