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  • SOCHI, Russia, Sept 22- Promsvyazbank, one of Russia's largest private banks, sees its corporate loan book growing by around 30 percent this year on demand from large companies which cannot tap Western markets due to sanctions, its CEO said.

  • 'The Lion King' earns record box office Monday, 22 Sep 2014 | 9:46 AM ET

    With a worldwide gross of over $6.2 billion, "The Lion King" stage musical has now achieved the most successful box office total of any work in any media in entertainment history, The Associated Press has learned.

  • MOSCOW, Sept 22- Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow's role in Ukraine, Natural Resources Minister Sergei Donskoi said.

  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • MOSCOW, Sept 22- Asian companies will replace Western majors if they quit energy projects in Russia due to sanctions over Moscow's role in Ukraine, Natural Resources Minister Sergei Donskoi said.

  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • *Investors look past possible OPEC output cut. Comments from OPEC's secretary general last week that the group could cut output next year buoyed Brent on Friday, but investors' attention turned back to the gloomy economic outlook in Europe and China which has curbed oil demand.

  • MOSCOW, Sept 22- Russia's auto market shows no signs of improving in the next two years having been hit by an economic slowdown and weak rouble, the head of Ford Motor Co's Russian venture told Reuters. Russia had been expected to overtake Germany as Europe's biggest auto market earlier this decade, but its progress has been delayed.

  • *Investors look past possible OPEC output cut. Comments from OPEC's secretary general last week that the group could cut output next year buoyed Brent on Friday, but investors' attention turned back to the gloomy economic outlook in Europe and China which has curbed oil demand.

  • SINGAPORE, Sept 22- U.S. crude futures steadied above $92 a barrel on Monday ahead of the contract's expiry after losses in the prior session fueled by ample supplies and the dollar's strength. *Brent November oil dropped 33 cents to $98.06 per barrel.

  • UPDATE 1-Blackstone is "giving up on Russia" - FT Sunday, 21 Sep 2014 | 4:43 PM ET

    Sept 21- U.S. private equity group Blackstone Group LP is "giving up on Russia", highlighting how even well-connected Western investors are turning away from the country, the Financial Times reported on Sunday.

  • Blackstone is "giving up on Russia" - FT Sunday, 21 Sep 2014 | 4:16 PM ET

    Sept 21- U.S. private equity group Blackstone Group LP is "giving up on Russia", highlighting how even well-connected Western investors are turning away from the country, the Financial Times reported.

  • Blackstone to pull out of Russia Sunday, 21 Sep 2014 | 1:00 PM ET

    Blackstone is "giving up on Russia," highlighting how even well-connected Western investors are shying away from doing business in the country.

  • WASHINGTON, Sept 21- The U.S. drive to end its reliance on Russian rocket motors got a boost this week when Amazon.com Inc founder Jeff Bezos unveiled a new engine project, but officials and industry insiders say it will take years and hundreds of millions of dollars to develop a locally built alternative.

  • CAIRNS, Australia, Sept 21- The Group of 20 countries is formulating plans for a legal framework to improve the exchange of information between countries in order to stamp out tax avoidance, French Finance Minister Michel Sapin said on Sunday.

  • CAIRNS, Australia, Sept 21- Following is the text of the communique issued after on Sunday the meeting of finance ministers and central bankers from the Group of 20 leading nations in the Australian city of Cairns.

  • DIARY - Top Economic Events to Oct 2 Friday, 19 Sep 2014 | 8:01 PM ET

    KANSAS CITY- Federal Reserve Bank of Kansas City President Esther George gives welcome remarks at the Shift Innovation: Community Development Conference- 1330 GMT.

  • WASHINGTON, Sept 19- Exxon Mobil said on Friday it will wind down drilling in Russia's Arctic in the face of U.S. sanctions targeting Western cooperation with Moscow's oil sector, after the Obama administration granted a brief extension to safely mothball its operations. Washington extended sanctions on Russia last week over its aggression in Ukraine.

  • WASHINGTON, Sept 19- Oil major Exxon Mobil said on Friday the U.S. Treasury Department had granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week over its intervention in Ukraine.

  • WASHINGTON, Sept 19- U.S. oil major Exxon Mobil said on Friday the U.S. Treasury Department granted it a license to wind down operations on a drilling well in the Kara Sea in the Russian Arctic that has been targeted by U.S. sanctions. Washington intensified sanctions on Russia last week to punish Moscow for its intervention in Ukraine.