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  • FACTBOX-EU targets Russian officials in sanctions list Friday, 25 Jul 2014 | 10:15 PM ET

    Mikhail Fradkov: Permanent member of the Security Council of the Russian Federation; director of the Foreign Intelligence Service of the Russian Federation. Nikolai Patrushev: Permanent member and secretary of the Security Council of the Russian Federation.

  • Business Highlights Friday, 25 Jul 2014 | 6:15 PM ET

    A war breaks out between Israel and Hamas. An airliner is shot out of the sky in Ukraine. That helped the market overcome its latest dip, on July 17th, when a passenger jet was shot down in eastern Ukraine and Israel invaded the Gaza Strip, raising investor worries that conflicts around the world could escalate and destabilize financial markets.

  • WASHINGTON, July 25- Evidence that Russia is moving more weapons into Ukraine to arm rebels is likely to trigger more U.S. sanctions against Moscow once the European Union likely agrees its own sanctions next week, senior U.S. officials said on Friday.

  • WASHINGTON, July 25- The International Monetary Fund urged Ukraine's leaders on Friday to press forward with "steady implementation" of economic reforms agreed with the fund, a day after the prime minister tendered his resignation.

  • NEW YORK, July 25- Brent oil prices reversed early losses to climb more than $1 a barrel on Friday, as fighting in Ukraine and deteriorating relations between Russia and the United States ignited new fears of supply disruptions in the market.

  • Russia: McDonald's food has 'too many calories' Friday, 25 Jul 2014 | 2:48 PM ET

    The suit comes amid especially high tensions between Moscow and Washington over the Ukraine crisis; the United States has slapped an array of sanctions on Russia over its annexation of Crimea from Ukraine for allegedly supporting separatist rebels who are fighting in eastern Ukraine.

  • *Russia says Washington is disseminating "unfounded" accusations over Ukraine. *Russia says Ukraine shelled across the border to kill law enforcement officers.

  • BRUSSELS, July 25- The European Union reached outline agreement on Friday to impose the first economic sanctions on Russia over its behaviour in Ukraine but scaled back their scope to exclude technology for the crucial gas sector.

  • MOSCOW, July 25- McDonald's burgers and shakes may become the latest victims of worsening ties between Moscow and Washington after a Russian consumer watchdog agency accused the U.S. chain of sanitary violations.

  • BRUSSELS, July 25- When Dutch Foreign Minister Frans Timmermans spoke to his European Union peers of his grief and anger over the downing of a Malaysia Airlines airliner over eastern Ukraine, it was a turning point in Europe's approach to Russia.

  • LONDON, July 25- Foreign equity and bond investors who had tentatively ventured back into Russia after a huge early-2014 selloff are again slashing their holdings for fear of being caught in the crossfire of Western sanctions. Russia has fared worst among the big emerging equity markets this year, with dollar-based losses of 13 percent.

  • LONDON, July 25- Oil fell below $107 a barrel on Friday as plentiful supply outweighed concerns over conflicts in the Middle East and Ukraine. Brent crude for September delivery traded 18 cents lower at $106.89 a barrel by 1400 GMT.

  • *Washington has concerns about Kurdish sales, Iraq split. A sale of Kurdish crude oil to a U.S. refinery would infuriate Baghdad, which sees such deals as smuggling, and raises questions about Washington's commitment to preventing oil sales from the autonomous region.

  • *Russia anticipates more sanctions over Ukraine- analysts. MOSCOW, July 25- The Russian central bank unexpectedly raised interest rates on Friday, apparently preparing for possible further Western sanctions over Ukraine that could speed up capital flight from Moscow's already battered markets.

  • EU hits Russian intelligence chiefs with sanctions Friday, 25 Jul 2014 | 8:40 AM ET

    BRUSSELS— The European Union on Friday extended its Ukraine- related sanctions to target top Russian intelligence officials and leaders of the pro- Russia revolt in eastern Ukraine, official documents showed. The new measures, designed to put pressure Moscow and its allies in Ukraine, were announced in the EU's Official Journal, and took effect immediately.

  • Russia bans dairy imports from Ukraine Friday, 25 Jul 2014 | 8:09 AM ET

    MOSCOW— Russia has announced a ban on all dairy imports from Ukraine starting next week, a move Kiev has dismissed as politically motivated. Russia is a key market for Ukrainian dairy products. Russia lambasted Ukraine's decision to sign a treaty with the EU in June.

  • BRUSSELS, July 25- European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.

  • Russian execs fear lasting damage from plane crash Friday, 25 Jul 2014 | 6:36 AM ET

    MOSCOW— Having for months dismissed Western sanctions on Russia as toothless, business leaders here are now afraid that the crash of the Malaysian jetliner will bring about an international isolation that will cause serious and lasting economic damage.

  • Russia raises key rate amid Ukraine concerns Friday, 25 Jul 2014 | 6:14 AM ET

    MOSCOW— Russia's central bank has unexpectedly raised its key interest rate in a bid to stem inflation and support the currency as the country faces increasing economic pressure over its policies in Ukraine. The bank said Friday it has lifted its one-week auction rate by 0.5 percentage points to 8 percent.

  • MOSCOW, July 25- Russia's consumer protection agency has filed a lawsuit in a Moscow court seeking to ban some of McDonald's Corp's burgers along with its milk shakes and ice cream, a court spokeswoman said on Friday.