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Oleg Deripaska, president of Rusal, says it is unclear whether the Russian government will enact reforms due to the low oil price.
Herman Gref, CEO of Sberbank, says the low oil price has created a "dramatic" situation for Russian banks and some will go bust.
Vagit Alekperov, CEO of Lukoil, says OPEC is not targeting Russian oil producers but instead it's aiming at "alternative" oil companies.
Discussing the Ukraine crisis, Pavlo Klimkin, minister of foreign affairs in Ukraine, weighs in on why there's no progress with other countries on the Minsk agreement.
At Davos, Aivaras Abromavicius, economy minister of Ukraine, says the country wants to use this crisis to "kickstart reforms" and "clean up the house", including tackling economic, corruption and tax issues by 2016.
MOSCOW, Jan 22- Russian food retailer O'Key said on Thursday its fourth quarter like-for-like sales fell 5 percent because of a sharp drop in customer traffic. Russia banned some food imports from the West in August for one year in retaliation to Western sanctions over Moscow's role in the Ukraine crisis. Unlike Magnit and X5, which operate large discount chains,...
OSLO/ STOCKHOLM, Jan 22- Western sanctions on Russia are restricting the Arctic shipping route along its north coast to domestic cargoes and energy exports with many foreign firms staying away after test voyages on a fabled short-cut between Europe and Asia. Now it seems that reality is kicking in, "said Bjorn Gunnarsson, managing director of the Centre for High...
Our main goal is to build a modern European democratic country, says Vitali Klitschko, Kiev Mayor, discussing Ukraine's conflict with Russia, the need for international aid and the country's energy needs.
MOSCOW, Jan 22- Prime Minister Dmitry Medvedev said on Thursday a government programme to recapitalise Russia's banking system using OFZ treasury bonds should be completed by the end of the month, TASS news agency reported.
Dmitry Kostygin, CEO of internet retailer Ulmart, says the company is looking to list in either London or New York in 2015 or 2016 with the aim of raising $1 billion.
The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.
Individuals doing business with Russian clients say Obama's claims of Russia's economy being in "tatters" are absolutely correct.
DAVOS, Switzerland, Jan 21- Ukrainian President Petro Poroshenko accused Russia on Wednesday of sending 9,000 troops to back separatist rebels in the east of his country, and the IMF chief said she backed extra financial help for Kiev as the conflict inflicts severe economic damage. However, he won support from NATO, which said the amount of heavy military...
At Davos, Ukraine's President Petro Poroshenko talks to CNBC about how the country needs help from the rest of the world to stop its conflict with Russia.
At Davos 2015, Dalia Grybauskaite, president of Lithuania, talks about the tensions between Ukraine and Russia, saying she supports Ukraine and we will not embrace "terroristic behavior or military aggression."
CNBC's Phil Han reports on what business and political leaders think about the continuing crisis between Russia and the west.
DAVOS, Switzerland, Jan 21- Russia may see a natural decline in oil output by around 1 million barrels per day at most but has no plans to cut production in coordination with OPEC, Deputy Prime Minister Arkady Dvorkovich said on Wednesday. Russia is the world's biggest oil producer and output hit a post-Soviet high at an average 10.58 million bpd last year, but...
Arkady Dvorkovich, deputy prime minister of the Russian Federation, says some expensive oil projects will be put on hold but the country's companies will not be cutting production in response to the low price.
As world leaders gather in Davos, Arkady Dvorkovich, deputy prime minister of the Russian Federation, says violence between Russia and Ukraine is being escalated by Kiev.
**SEOUL- Bank of Korea Governor Lee Ju-yeol will hold a press conference with foreign media at the Seoul Foreign Correspondent's Club- 2230 GMT. **SEOUL- Bank of Korea Governor Lee Ju-yeol will meet the heads of banks in South Korea- 2230 GMT. PRETORIA- The South African Reserve Bank starts its three-day monetary policy committee meeting.