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Eastern Europe

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  • UNITED NATIONS, May 5- Washington wants to be certain that any nuclear deal between Iran and major powers includes the possibility of restoring U.N. sanctions if Tehran breaks the agreement without risking Russian and Chinese vetoes, a senior U.S. official said on Tuesday. United Nations sanctions and a future mechanism for Iran to buy atomic technology are two...

  • DIARY- Emerging Markets Economic Events to May 18 Tuesday, 5 May 2015 | 8:02 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. BUDAPEST- Central bank of Hungary publishes April policy meeting- 1200 GMT.

  • DIARY- Top Economic Events to May 18 Tuesday, 5 May 2015 | 8:01 PM ET

    WASHINGTON- Federal Reserve Chair Janet Yellen and International Monetary Fund Managing Director Christine Lagarde participate in " Finance and Society" conversation before the Institute for New Economic Thinking Conference on Finance and Society hosted by the IMF- 1315 GMT. WASHINGTON- Federal Reserve Bank of Kansas City President Esther George...

  • UNITED NATIONS, May 5- Iran and world powers are struggling to overcome deep divisions on two core sticking points in talks on a possible nuclear deal: reimposing U.N. sanctions if the Iranians violate the agreement and how Tehran can buy atomic technology, envoys said. The negotiations between Iran, the United States, Britain, France, Germany, Russia, China and the...

  • May 5- Archer Daniels Midland Co, one of the world's largest grain traders, announced on Tuesday a deal to acquire full ownership of two Romanian export terminals on the Black Sea, bolstering its ability to export grain from Eastern Europe. ADM said it has agreed to acquire North Star Shipping and Minmetal, a 50-50 joint venture with North Star, which have grain...

  • MOSCOW, May 5- The head of Russia's Rosneft earns at least 15- 20 million roubles a month, the oil company said on Tuesday, disclosing Igor Sechin's basic salary after President Vladimir Putin encouraged greater wage transparency. Rosneft, which is under Western sanctions due to Moscow's role in the Ukraine crisis, bought its peer TNK-BP for $55 billion in 2013,...

  • The joint declaration, which is likely to antagonise Moscow, commits to the deal from Jan. 1, 2016, a date already a year later than planned as Russia seeks to oppose European efforts to integrate Ukraine and move it out of Moscow's sphere of orbit. But aside from the EU's show of support for Ukraine, the May 21-22 Eastern Partnership summit will offer little for...

  • In Poland, the region's biggest economy, the manufacturing PMI eased, for the third month running, to 54.0 from 54.8 in March, capped by a slower increase in new orders, data compiled by Markit and HSBC showed. "The data show some weakening, but they do not alter our expectations for the decision of central banks in the region or economic growth," said Piotr Kalisz, chief...

  • CHISINAU, Moldova— Thousands have protested against Moldova's government, saying it has failed to implement reforms to bring the country closer to the European Union. Protesters also called on the government to investigate the disappearance of $1.5 billion from the state-owned Savings Bank, and the private banks Unibank and the Social Bank, in November 2014...

  • LONDON— Ian Robinson, co-owner of a small investment firm in London, is watching Britain's general election this Thursday with unease. A victory for Prime Minister David Cameron's Conservative Party could bring Britain a step closer to leaving the 28- nation European Union, a move many companies fear would cause damage by increasing costs of doing business on...

  • ASHGABAT, May 2- The European Union, keen to lessen its dependence on Russia for energy supplies, expects to start receiving natural gas from Turkmenistan by 2019, European Commission Vice President Maros Sefcovic said in an interview. For Turkmenistan it is very important to diversify its export options, while for the EU it is very important to diversify its...

  • SEFCOVIC SAYS "GREAT STEP WAS MADE" IN ASHGABAT TO MOVE FORWARD ON TRANS- CASPIAN PROJECT.

  • Argentina's capital is world capital of bookstores Friday, 1 May 2015 | 12:00 AM ET

    From hole-in-the-wall joints with used copies of works by Jorge Luis Borges, Miguel de Cervantes and Gabriel Garcia Marquez to elegant buildings with the latest children's books in several languages, Buenos Aires is filled with locales that pay homage to print. With a population of 2.8 million people within the city limits, there are 25 bookstores for every...

  • DIARY- Emerging Markets Economic Events to May 14 Thursday, 30 Apr 2015 | 8:02 PM ET

    SANTIAGO- Central bank of Chile to release the minutes of April policy meeting- 1230 GMT. BUDAPEST- Central Bank of Hungary non-rate-setting meeting. WARSAW- National Bank of Poland holds Monetary Policy Council Meeting.

  • DIARY- Top Economic Events to May 14 Thursday, 30 Apr 2015 | 8:01 PM ET

    BOSTON- Federal Reserve Bank of Boston President Eric Rosengren gives welcome and opening remarks before the Economic Growth and Regulatory Paperwork Reduction Act Outreach Meeting hosted by the bank- 1300 GMT. BOSTON- Federal Reserve Board Governor Daniel Tarullo speaks at opening session before the Economic Growth and Regulatory Paperwork Reduction...

  • MOSCOW— A member of Russia's parliament has asked prosecutors to determine whether Apple violated Russia's ban on gay "propaganda" when it delivered U2's latest album to a half-billion iTunes users for free last year. Izvestia, a newspaper loyal to the Kremlin, reported Wednesday that it has a copy of Alexander Starovoitov's appeal to prosecutors in which he...

  • MOSCOW, April 30- Russia's central bank cut its main lending rate by 1-1/ 2 percentage points on Thursday, its third rate cut this year, a sign that it believes the worst of an economic crisis is over. The cut to 12.5 percent follows the rouble's recovery in recent weeks after a dramatic decline last year as global oil prices fell and Western economic sanctions over...

  • HELSINKI— Finnish utility Fennovoima said Thursday it has awarded the main contract for constructing a nuclear plant in Finland to the Russian company Titan-2. European sanctions against Moscow for backing Ukrainian rebels does not apply to Finland's cooperation with Rosatom, whose involvement in the 1,200- megawatt plant was approved in early 2013...

  • CTC posts 1Q profit Thursday, 30 Apr 2015 | 8:48 AM ET

    MOSCOW _ CTC Media Inc. on Thursday reported first-quarter net income of $8.4 million. The Moscow- based company said it had net income of 5 cents per share. Keywords: CTC Media, Earnings Report.

  • Russia looks set to extend import ban on Western food Thursday, 30 Apr 2015 | 7:43 AM ET

    MOSCOW, April 30- Russia looks likely to extend a ban on Western food imports beyond an Aug. 7 deadline, with a lack of incentive to lift its embargo due to the prospect of extended European sanctions. The ban on most food imports from the United States, European Union and other countries worth $9 billion is due to run out on Aug. 7, a year after it was imposed in...