William Hague, leader of the House of Commons, says that he doesn't want the euro to fail, however the currency has some "very serious flaws."» Read More
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.
Dennis McNally, Chairman of PWC International, discusses survey results which showed a dip in confidence levels among CEOs this year, most significantly in developing economies like China.
Sarah Brightman has began preparation for a 10-day, $52 million trip to the International Space Station. NBC News reports.
Ukrainian forces came under attack by Russian regular forces north of the conflict zone in Eastern Ukraine.
Ivan Szpakowski, Analyst for Commodities Research at Citi, says the increase in supply among major producers boils down to capex decisions made years ago when prices were much higher.
BRUSSELS— The European Union's foreign ministers on Monday ruled out any easing of sanctions against Russia as long as fighting rages in eastern Ukraine, despite concerns about the economic consequences. The ministers stressed that the flare-up in fighting in and around Donetsk had further dampened any hope for a breakthrough in the diplomatic standoff in...
LONDON, Jan 19- Shares in Shanghai fell 8 percent on Monday after regulators moved to tame speculators, but trade in other emerging markets was more subdued as investors awaited the European Central Bank's next move. Shanghai's SSE Composite stock index dropped 7.7 percent, its biggest one-day tumble in nearly seven years, while Hong Kong's Hang Seng Index was...
Steven Wieting, global chief strategist at Citi Private Bank, says that fundamentals haven't differed dramatically to when oil was at $100 per barrel, but that volatility has to do with many factors including the U.S. dollar and policy expectations.
*Experts see IEA's $100 billion estimate as too low. The International Energy Agency said late last year that almost 200 of the 434 reactors in operation around the globe would be retired by 2040, and estimated the cost of decommissioning them at more than $100 billion. The IEA's head of power generation analysis, Marco Baroni, said that even excluding waste...