Finnish Prime Minister Alexander Stubb said European Union leaders would not decide on sanctions against Russia at a summit in Brussels on Saturday.» Read More
BRUSSELS, Aug 11- European Union regulators on Monday began analysing product-by-product the impact of a Russian ban on EU food imports announced in retaliation for Western sanctions over Moscow's actions in Ukraine.
FRANKFURT, Aug 10- Investors will gauge the strength of the euro zone's fragile economy this week as escalating conflicts in Ukraine and Iraq darken the mood globally. The growing sanctions fight between Russia and the West over Moscow's backing of rebels in Ukraine and U.S. air strikes to block Islamist militants in Iraq are also upsetting the markets.
*SGCC eyes Greek, Spain grids after Portugal, Italy bids. PARIS/ HONG KONG/ MILAN, Aug 10- The European Commission has long wanted the continent's power grids to work in unison for reasons of efficiency and supply security, so far to little avail, but a regional power network could soon be a reality, courtesy of State Grid Corporation of China.
MOSCOW, Aug 9- Sanctions-hit Sberbank and VTB bank, Russia's largest lenders, will be kept in the MSCI Russia Index, index compiler MSCI said late on Friday.
BRUSSELS, Aug 8- Steel and mining company ArcelorMittal on Friday announced force majeure on a project that is planned to triple its iron ore production in Liberia because of the Ebola epidemic sweeping West Africa.
*Russia eyes meat, milk imports from Latin America. MOSCOW/ ISTANBUL, Aug 8- Turkey and Latin American countries such as Brazil look likely to emerge as key winners from Russia's decision to ban most European Union and U.S. food imports in retaliation for Western sanctions over Moscow's role in Ukraine.
LONDON, Aug 8- The European Union's trio of new financial watchdogs should have more powers over banks, insurers and markets to ensure national regulators apply EU rules, the bloc's executive body said on Friday in a review that may raise hackles in Britain.
*Russia bans all meat, fish, poultry, dairy, fruit and veg from US, EU, Canada, Australia, Norway. MOSCOW/ DONETSK, Ukraine, Aug 7- Moscow banned imports of most food from the West on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.
LONDON, Aug 7- In the face of sanctions that have frozen international lending to Russia, a small group of European banks are trying to refinance existing loans to big companies there in order to protect their business. Bank Austria, the central and eastern Europe arm of Italian bank UniCredit, said this week it expects to keep making solid profits in Russia.
PARIS/ BRUSSELS, Aug 7- European agriculture officials will on Monday set up a task force to analyse the impact of a Russian ban on EU food imports and expect to call an emergency meeting to coordinate an EU response, the European Commission said.
*Russia bans Western food imports to retaliate against sanctions. MOSCOW, Aug 7- TsUM department store once showcased the Soviet Union's meager offering of consumer goods.
*Russia originally blamed food standards from Polish apple ban. NOWE GROBICE, Poland, Aug 7- Slawomir Kedzierski's workers had just finished loading 20 tonnes of Polish apples onto two trucks destined for Russia when news came through of the embargo.
MOSCOW/ KIEV, Aug 7- Moscow imposed a total ban on imports of many Western foods on Thursday in retaliation against sanctions over Ukraine, a stronger than expected measure that isolates Russian consumers from world trade to a degree unseen since Soviet days.
PARIS, Aug 7- Exchange operator Euronext posted a 4.6 percent increase in quarterly operating profit on Thursday, boosted by cost cutting and a rise in stock market listings, and said it would accelerate its cost-savings plan.
*Russia ban is in retaliation for Western sanctions. MOSCOW, Aug 6- Russia has escalated an economic battle set off by the crisis in Ukraine with a ban on all food imports from the United States and on fruit and vegetables from the European Union, dropping any pretence these might be for food safety reasons.
*Western bank still expects robust Russia profits. MOSCOW, Aug 6- Russia will ban all imports of U.S. food products as well as fruit and vegetables from the European Union after President Vladimir Putin ordered retaliation for Western sanctions against Moscow, a state news agency reported on Wednesday.
*NATO says Moscow could use "humanitarian" pretext to invade. MOSCOW/ DONETSK, Ukraine, Aug 6- Russia will ban all imports of food from the United States and all fruit and vegetables from Europe, the state news agency reported on Wednesday, a sweeping response to Western sanctions imposed over its support for rebels in Ukraine.
MOSCOW/ DONETSK, Ukraine, Aug 6- Russia has massed around 20,000 combat-ready troops on Ukraine's border and could use the pretext of a humanitarian mission to invade, NATO said on Wednesday, its starkest warning yet that Moscow could soon mount a ground assault against its neighbor.
*Economy unexpectedly contracts 0.2 percent in Q2. ROME, Aug 6- Italy slid into recession for the third time since 2008 in the second quarter, underlining the chronic weakness of the euro zone's No.3 economy and pressuring Prime Minister Matteo Renzi to complete promised reforms.
BRUSSELS/ DONETSK, Ukraine, Aug 6- Russia has massed around 20,000 combat-ready troops on Ukraine's border and could use the pretext of a humanitarian mission to invade, NATO said on Wednesday, its starkest warning yet that Moscow could soon mount a ground assault against its neighbour.