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  • Putin, who has fiercely criticised Washington over the crisis in Ukraine that has strained U.S.-Russian relations, spelled out his basic terms for better ties after receiving the credentials of the new U.S. ambassador to Russia, John Tefft. The United States and the European Union have imposed sanctions on Russia over its policies in Ukraine, where...

  • MOSCOW, Nov 19- A surge in profits at Russian meat company Cherkizovo confirmed it as one of the few winners from a ban on Western food imports, but the pork and poultry producer signaled on Wednesday that a weaker rouble could curb a good run. Russia slapped a one-year ban on many Western food imports in August in retaliation to sanctions over Moscow's role in the...

  • Brussels and Washington say the $40 billion pipeline will entrench the Kremlin's energy stranglehold on eastern Europe and they see Budapest's support as a sign Hungary is drifting into Russia's orbit. But Budapest says the collapse of the rival Western-backed Nabucco project to bring gas from Azerbaijan to Europe, and stalled plans to build...

  • MOSCOW, Nov 19- Russian President Vladimir Putin called on Wednesday for deeper ties with North Korea to improve regional security, a day after holding talks with a personal envoy of North Korean leader Kim Jong Un. Russia is also one of five countries involved in talks with North Korea on its nuclear program. But receiving the credentials of North Korea's new...

  • UPDATE 2-Ukraine rules out direct talks with separatists Wednesday, 19 Nov 2014 | 7:07 AM ET

    *Russia presses Kiev to hold direct talks with separatists. KIEV/ MOSCOW, Nov 19- Russia urged Ukraine's leaders on Wednesday to talk directly to separatists to end the conflict in the east, but Kiev rejected the call and told Moscow to stop "playing games" aimed at legitimizing "terrorists." Kiev and the West accuse Russia of destabilizing Ukraine by providing the...

  • LONDON, Nov 19- The rouble inched lower on Wednesday and Russian bond yields touched new five-year highs as Moscow prepared for its first debt auction since October, while a firmer dollar also took a toll on most other emerging currencies. Russian 10- year yields were around 10.4 percent, the highest since December 2009 ahead of an auction of 5 billion roubles'...

  • Sinkhole found near Uralkali mine in Russia, shares down Wednesday, 19 Nov 2014 | 4:06 AM ET

    *Uralkali declines to say on how long the mine may be offline. YEKATERINBURG/ MOSCOW, Nov 19- A sinkhole has been found near Uralkali's Solikamsk-2 potash mine in Russia's Perm region, which suspended work a day ago after a water inflow, driving the company's shares down for a second day. A water inflow and resulting sinkhole in 2006 shut another Uralkali mine in the...

  • MOSCOW, Nov 19- Russia's second-largest bank VTB is expected to report an 84 percent drop in third-quarter year-on-year net profit, hurt by higher provisions for bad loans, losses linked to the Ukraine crisis and a weaker rouble, analysts said. VTB's third-quarter net profit, to be reported on Thursday, is expected to reach 3 billion roubles, according to the...

  • Why Putin is buying so much gold Tuesday, 18 Nov 2014 | 4:05 PM ET
    Gold bars and Vladimir Putin

    With all of its income from oil sales, Russia's central bank is making a big move toward gold.

  • Putin hoarding gold     Tuesday, 18 Nov 2014 | 3:41 PM ET

    The World Gold Council is reporting Russia accounted for more than half of gold purchased by central banks in Q3. William Rhind, World Gold Trust Services, and CNBC's Bob Pisani, discuss Russia's strategy, and the investment in gold.

  • *Private briefings, long Naimi silence puzzle OPEC experts. LONDON, Nov 18- If Saudi Oil Minister Ali al Naimi wants to stop conspiracy theories spreading before a crucial OPEC meeting next week, it's too late. Naimi's intervention last week after a two-month silence failed to address a question energy markets want answered: is the OPEC leader no longer willing to...

  • BRUSSELS, Nov 18- Ukraine aims to avoid using an interim gas deal signed last month for as long as it can and eventually end its reliance on Russian gas through better EU connections, Naftogaz Chief Executive Andriy Kobolyev told Reuters on Tuesday. Ukraine and Russia signed an agreement, brokered by the European Commission, at the end of October to cover gas...

  • Space junk or Russian satellite killer? Tuesday, 18 Nov 2014 | 10:23 AM ET
    File photo of a Russian booster rocket at a launching pad of the Plesetsk Cosmodrome.

    The Russian military has launched a mysterious object that Western space agencies are monitoring for signs of destructive intent. FT reports.

  • BRUSSELS, Nov 18- Ukraine aims to avoid using an interim gas deal signed last month for as long as it can and eventually end its reliance on Russian gas through better EU connections, Naftogaz Chief Executive Andriy Kobolyev told Reuters on Tuesday. Ukraine and Russia signed an agreement, brokered by the European Commission, at the end of October to cover gas...

  • LONDON, Nov 18- The rouble jumped 0.8 percent on Tuesday and Russian shares rose after the European Union held off imposing new sanctions though broader emerging equities slipped for the fourth day, their mood soured by weak Chinese housing data. The rouble rose to a five-session high to the dollar as European Union governments sounded the alarm on an upsurge in...

  • MOSCOW, Nov 18- The rouble strengthened on Tuesday as Russian exporters converted part of their foreign-currency earnings to meet tax payments, but weak oil prices capped gains. But it was stable on Monday, propped up by the start of the end-of-month tax period and by the European Union's decision not to impose more sanctions against Russia for now over Moscow's...

  • Ruble needs to find stability: VTB CEO     Tuesday, 18 Nov 2014 | 3:30 AM ET

    Andrey Kostin, chairman and CEO of VTB, says the ruble needs to find a stable level.

  • Russia sanctions won't solve issues: VTB CEO     Tuesday, 18 Nov 2014 | 3:30 AM ET

    Andrey Kostin, chairman and CEO of VTB, says sanctions are not the right way to resolve tensions between Russia and the West.

  • Andrey Kostin, chairman and CEO of VTB, explains why the company is considering a delisting from the London Stock Exchange.

  • *Venezuela, Russia discuss actions to defend oil prices. SINGAPORE, Nov 18- Brent crude slipped to $79 a barrel on Tuesday, dropping for a sixth day out of seven, as oil prices struggled to find a floor ahead of next week's critical OPEC meeting. A special global meeting was being planned "very soon", Venezuelan President Nicolas Maduro said on Monday, as Russia said the...