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  • *Greek spokesman says Athens won't back down on everything. *Athens seeks statement of progress to unlock ECB help. Despite efforts by European Commission President Jean-Claude Juncker to coax leftist Prime Minister Alexis Tsipras into moving on two key conditions for releasing EU/IMF bailout funds, the Greek government spokesman said lenders could not...

  • BRUSSELS, May 7- Heineken plans to replicate its most successful sales techniques across the world as the beer industry battles for the third of drinkers who only chose a product after arriving at a bar or store. New chief commercial officer Jan Derck van Karnebeek told Reuters the world's No.3 brewer by volume-- like its rivals-- already had common practices...

  • *Gazprom has 12 weeks to respond to EU charges. MOSCOW, May 7- Gazprom is considering offering Europe new concessions, including on pricing, to settle its antitrust case and avoid a long legal battle which could result in billions of dollars in fines for the Russian gas producer. The European Commission has accused Gazprom, which meets a third of EU gas needs and...

  • The start of 2016 is already a year later than planned as Russia seeks to oppose European efforts to integrate Ukraine and move it out of Moscow's sphere of influence. The EU-Ukraine deal is at the heart of a dispute that has grown from a tug-of-war between Brussels and the Kremlin over Kiev to sanctions, the annexation of Crimea by Russia, armed conflict in...

  • Vodka sales plunge in Russia   Wednesday, 6 May 2015 | 7:49 AM ET
    'Keep Squawking': Vodka sales plunge in Russia

    The "Squawk Box" news team discusses some of the morning's most provocative headlines.

  • Russia showing signs of normalization: SocGen CEO   Wednesday, 6 May 2015 | 1:05 AM ET
    Russia showing signs of normalization: SocGen CEO

    Societe Generale CEO, Frederic Oudea, tells CNBC that despite challenges in Russia, the country's economy is showing signs of normalization.

  • UNITED NATIONS, May 5- Washington wants to be certain that any nuclear deal between Iran and major powers includes the possibility of restoring U.N. sanctions if Tehran breaks the agreement without risking Russian and Chinese vetoes, a senior U.S. official said on Tuesday. United Nations sanctions and a future mechanism for Iran to buy atomic technology are two...

  • UNITED NATIONS, May 5- Iran and world powers are struggling to overcome deep divisions on two core sticking points in talks on a possible nuclear deal: reimposing U.N. sanctions if the Iranians violate the agreement and how Tehran can buy atomic technology, envoys said. The negotiations between Iran, the United States, Britain, France, Germany, Russia, China and the...

  • Sobering: China and Russia weigh on alcohol sales Tuesday, 5 May 2015 | 12:19 PM ET
    Bottles of United Spirits. McDowell Signature, clockwise from top, Royal Challenge, and Antiquity whiskeys are displayed on the shelves of a liquor store.

    Sales growth in the global alcoholic drinks industry remained sluggish in 2014, hit by slowing growth in China and a downturn in Russia.

  • Balancing Russia's economy   Tuesday, 5 May 2015 | 11:20 AM ET
    Balancing Russia's economy

    Joseph Dayan, head of markets at BCS Financial, talks about the trend in the Russian ruble, which has been hit by oil prices.

  • Rosneft chief earns up to $4.7M in basic salary Tuesday, 5 May 2015 | 10:21 AM ET
    Russian President Vladimir Putin, right, listens to Igor Sechin, CEO of state-controlled Russian oil company Rosneft, during Russian-Armenian talks in Yerevan, Armenia, Dec. 2, 2013.

    The head of Russia's Rosneft earns at least 15-20 million rubles a month, the oil company said on Tuesday, disclosing Igor Sechin's basic salary after President Vladimir Putin encouraged greater wage transparency.

  • MOSCOW, May 5- The head of Russia's Rosneft earns at least 15- 20 million roubles a month, the oil company said on Tuesday, disclosing Igor Sechin's basic salary after President Vladimir Putin encouraged greater wage transparency. Rosneft, which is under Western sanctions due to Moscow's role in the Ukraine crisis, bought its peer TNK-BP for $55 billion in 2013,...

  • Vladimir Putin and Kim Jong Un

    Warming economic and political ties between Vladimir Putin and Kim Jong-un are in question. The Fiscal Times reports.

  • The joint declaration, which is likely to antagonise Moscow, commits to the deal from Jan. 1, 2016, a date already a year later than planned as Russia seeks to oppose European efforts to integrate Ukraine and move it out of Moscow's sphere of orbit. But aside from the EU's show of support for Ukraine, the May 21-22 Eastern Partnership summit will offer little for...

  • Why Jim O'Neill, others see bullish case for India Monday, 4 May 2015 | 12:25 PM ET
    Indian Prime Minister Narendra Modi.

    The country's stock market fell 1.8% after a huge surge last year, but India may still be lucrative for foreign investors.

  • ASHGABAT, May 2- The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its...


  • Cramer: Quit crying! This group's ready for buying Friday, 1 May 2015 | 6:29 PM ET

    Jim Cramer has had enough crying about the economy. This group just bottomed, and is ripe for buying.

  • The 'Megacities' are coming, and they're voracious Thursday, 30 Apr 2015 | 2:09 PM ET
    San Paulo, Brazil.

    The New York metropolitan area gobbles up more energy than any other major city in the world, according to new research.

  • Yikes! Putin to have superhuman robo-soldiers Thursday, 30 Apr 2015 | 12:03 PM ET
    Exoskeleton soldier developed by Raytheon

    Russian President Vladimir Putin has an army of robotic soldiers in the works. The Fiscal Times reports.