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Eastern Europe

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  • *Gas row between Ukraine and Russia testing relations. KIEV, Oct 23- Ukraine's prime minister warned on Thursday of possible attempts by Russia to disrupt an election in Ukraine at the weekend, a vote being held against a background of Russian support for separatist rebels and an unresolved row over gas. Western governments supported the "Euromaidan" winter...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...

  • Lawmakers extend Ukraine's access to EU markets Thursday, 23 Oct 2014 | 12:53 PM ET

    STRASBOURG, France, Oct 23- EU lawmakers on Thursday took the latest step in efforts to bring Kiev closer to Europe, extending Ukrainian exporters' open access to the European Union until a trade deal takes effect at the end of next year. An EU-Ukraine trade deal signed in June is at the centre of tensions between Russia and Europe because Moscow is also seeking...

  • Coal-rich Poland ready to block EU climate deal Thursday, 23 Oct 2014 | 7:31 AM ET

    WARSAW, Poland— European Union leaders meeting in Brussels to stamp their new, ambitious greenhouse gas emissions plan should prepare for unyielding opposition from coal-reliant Poland and some other East European countries who say their developing economies and electricity bills would suffer too much from the new target. Poland is ready to veto the plan...

  • *Poland leads objections, but is not alone. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year with industrial powers from Asia, North America and the rest of the world. Conflict between Ukraine and Russia, the EU's biggest energy supplier, has also focused the EU on reducing its reliance on imported fossil fuels by...

  • MOSCOW, Oct 23- Ukraine's largest steelmaker, Metinvest, has offered holders of its $500 million bond which was due to mature in May 2015 a longer-term bond to November 2017 with an increased interest rate of 10.5 percent per annum. "The Issuer expects its EBITDA and operating cash flow in the second half of 2014 will decrease as compared to the first half of 2014 and...

  • Report: Total CEO's plane almost escaped crash Thursday, 23 Oct 2014 | 4:42 AM ET

    Monday night's collision that killed Total SA CEO Christophe de Margerie and all the crew on his jet has been seen not only as a tragedy but as an embarrassment for Russia at a time of strained relations with the West. The director general of Moscow's Vnukovo Airport and his deputy resigned Thursday and investigators detained four more of its employees in...

  • *Sistema lost 72 percent of its capitalisation since July. Russian prosecutors filed the suit last month to regain state ownership of Bashneft, saying there had been alleged violations in the privatisation and subsequent sale of the oil producer to Russian oil-to-telecoms conglomerate Sistema in 2009.. Sistema's shares, which lost 70 percent after it...

  • RUSSIAN COURT SAYS MORE TIME NEEDED TO PREPARE LAW SUIT, HEARINGS TO RESUME ON NOV 30.

  • RUSSIAN COURT POSTPONES RULING ON BASHNEFT SHARES OWNED BY SISTEMA.

  • SINGAPORE, Oct 23- U.S. oil futures fell further on Thursday after losing over $2 the session before as crude stockpiles in the world's top oil consumer surged far more than analysts had expected. *Front-month U.S. crude was down 9 cents at $80.43 a barrel by 0021 GMT. The 12- member OPEC meets on Nov. 27.

  • EU leaders seek climate deal, but are divided over costs Wednesday, 22 Oct 2014 | 7:00 PM ET

    *Poland leads objections, but is not alone. BRUSSELS, Oct 23- European leaders aim to agree a new decade of energy policy to cut climate-warming gas emissions out to 2030 at an EU summit on Thursday, though sharp differences over sharing the cost means a deal could elude them. The 28 member states want to set the pace for a global pact to be hammered out in Paris next year...

  • UPDATE 2-Total names refining boss to replace de Margerie Wednesday, 22 Oct 2014 | 11:38 AM ET

    PARIS, Oct 22- French oil company Total has appointed refining boss Patrick Pouyanne as chief executive to succeed Christophe de Margerie who was killed in a plane crash in Moscow this week. The world's fourth largest oil company also named Thierry Desmarest, a former Total CEO, as non-executive chairman. Total's choice of a man from the downstream business...

  • *Russia languishes near bottom of air safety league. *Russia lacks systematic approach to safety- pilot. Numerous official investigations and a crackdown in recent years have done nothing to raise Russia from near the bottom of the global league, largely due to weak regulation and the effects of sky-high alcohol consumption.

  • BUSINESS-NEWS-SCHEDULE AT 1230 GMT / 8.30 AM ET Wednesday, 22 Oct 2014 | 9:05 AM ET

    LONDON- European shares slip and the euro hit a one-week low as reports that at least 11 banks could fail a region-wide financial health check this weekend offset hopes of corporate bond buying by the ECB. MADRID/ VIENNA- The European Central Bank cautions against speculation over the outcome of its stress tests after a media report says at least 11 banks have...

  • MOSCOW- KAZAKHSTAN SEES ITS OIL OUTPUT RISING TO 90-100 MLN TONNES A YEAR AFTER 2020- DEPUTY ENERGY MINISTER.

  • PARIS, Oct 22- French oil major Total on Wednesday appointed refining head Patrick Pouyanne as chief executive and former CEO Thierry Desmarest as non-executive chairman. The nominations at the head of the world's fourth-largest integrated oil company came less than 48 hours after the brutal death of Chairman and CEO Christophe de Margerie in a plane crash...

  • Total acts swiftly to replace CEO killed in crash Wednesday, 22 Oct 2014 | 7:21 AM ET

    PARIS— French oil giant Total SA has named Patrick Pouyanne as chief executive to replace Christophe de Margerie, who was killed earlier this week in a plane crash in Moscow. The swift appointment indicates the board's desire to limit the uncertainty on one of France's biggest companies. Pouyanne is a graduate of two of France's top engineering schools, Ecole...

  • *Magyar Telekom could lose 10 bln forints a year- analyst. BUDAPEST, Oct 22- Hungary plans to impose a new tax on Internet data transfers, a draft 2015 tax bill submitted to parliament late on Tuesday showed, in a move that could hit Internet and telecoms providers and their customers hard. Thousands said they would rally against the tax, which they said was excessive,...

  • MOSCOW, Oct 22- Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff would end once Moscow received financial guarantees from Kiev. The latest round of gas talks between Moscow and Kiev ended late on Tuesday in Brussels with no agreement in a dispute...