GO
Loading...

Eastern Europe

More

  • LONDON, Feb 13- Growing fears of a default drove Ukraine's debt insurance costs to four-year highs on Thursday and policy concerns pulled Nigerian assets into the emerging market retreat.

  • LONDON, Feb 13- Ukraine's hryvnia fell towards last week's 4- year low versus the dollar and its sovereign bonds tumbled on Thursday as concerns intensified about the economic outlook, while higher U.S.

  • *Rosneft says expects Ryazan refinery back to normal by Feb. 19. MOSCOW, Feb 13- Russia's top oil producer Rosneft said it had halted output of oil products at its Ryazan refinery, a key fuel supplier to Moscow's airports, after a fire late on Wednesday caused by a railcar crash.

  • RIO DE JANEIRO/ LONDON, Feb 12- Emerging market stocks rose to three-week highs on Wednesday, boosted by stronger-than-expected trade data in China, but Brazil and Mexico shares were unable to hold on to early gains. China is a key purchaser of raw materials such as iron ore, soybeans and copper from other developing markets.

  • RIO DE JANEIRO/ LONDON, Feb 12- Emerging market stocks rose to three-week highs on Wednesday, boosted by stronger-than-expected Chinese trade data but Brazilan stocks dipped on profit-taking after recent gains. China is a key purchaser of raw materials such as iron-ore, soybeans and copper from other developing markets.

  • With Khodorkovsky out, Yukos investors fight on Wednesday, 12 Feb 2014 | 9:56 AM ET

    *Two big cases against Russia could be resolved this year. MOSCOW, Feb 12- Freed former tycoon Mikhail Khodorkovsky has ruled out trying to recover the fortune that made him Russia's richest man, but two multi-billion-dollar law suits involving his defunct oil giant Yukos could be decided this year.

  • MOSCOW, Feb 12- Russia expects its oil output to reach 525 million tonnes this year, up 0.4 percent from 2013, Deputy Energy Minister Kirill Molodtsov said- a figure that would set a post-Soviet record high. In 2013, Russia produced 668 billion cubic metres of gas, with the bulk coming from state-controlled Gazprom, which meets the quarter of Europe's gas needs.

  • LONDON, Feb 12- Emerging stocks rose 1 percent on Wednesday to three-week highs, lifted by solid Chinese trade data and the new Federal Reserve boss who testified that there were no plans to speed up the pace of stimulus withdrawal. Most stock markets rose, with Moscow and Istanbul up 1 percent.

  • BRUSSELS, Feb 12- Imposing sanctions on Ukraine now would be a mistake and the priority should be creating the right conditions for a peaceful political transition, European Commission President Jose Manuel Barroso said.

  • *Hungary, Romania seen vulnerable in emerging Europe. LONDON, Feb 11- Central and eastern Europe may have weathered the latest emerging markets squalls better than most but Hungary and Romania show the region is not immune and capital flight is not the only worry on investors' minds.

  • LONDON, Feb 11- Kazakhstan's hefty devaluation could see other ex-Soviet states follow suit to protect their trade against fallout from a slide in the rouble as Moscow moves to float its currency.

  • *Japan's Softbank seen exploring a bid for T-Mobile US. The German group ultimately would like to sell T-Mobile US because it sees its fourth position behind Verizon, AT&T, and Softbank's Sprint as limiting long-term profitability, said people familiar with its thinking.

  • ALMATY, Feb 11- Kazakhstan on Tuesday devalued its tenge currency by 19 percent to about 185 per dollar, taking the wind out of the sails of speculators and adjusting to the freer rouble float of its main trading partner Russia.

  • ALMATY, Feb 11- Kazakhstan on Tuesday devalued its tenge currency by 19 percent to about 185 per dollar, taking the wind out of the sails of speculators and adjusting the rate to the freer float of its main trading partner Russia.

  • MOSCOW, Feb 11- Russia's central bank has withdrawn the licences of two small Moscow- based banks, part of its widening campaign to clean up the banking system and crack down on money laundering. Both banks are part of Russia's system of retail deposit insurance, under which the state guarantees small savings if a bank fails.

  • Deutsche Telekom faces tough call on U.S. mobile exit Tuesday, 11 Feb 2014 | 2:00 AM ET

    *Japan's Softbank seen exploring a bid for T-Mobile US. The German group ultimately would like to sell T-Mobile US because it sees its fourth position behind Verizon, AT&T, and Softbank's Sprint as limiting long-term profitability, said people familiar with its thinking.

  • Dubbed "The Mask," the campaign had operated undetected since 2007 and infected more than 380 targets before it stopped last week, Moscow- based Kaspersky Lab said on Monday. The firm declined to identify the government suspected to be behind the cyber spying, but said it had been most active in Morocco, followed by Brazil, the United Kingdom, France and Spain.

  • Dubbed "The Mask," the campaign had operated undetected since 2007 and infected more than 380 targets before it stopped last week, Moscow- based Kaspersky Lab said on Monday. The firm declined to identify the government suspected to be behind the cyber spying, but said it had been most active in Morocco, followed by Brazil, the United Kingdom, France and Spain.

  • BRUSSELS, Feb 10- The European Union agreed on Monday to launch negotiations with Cuba to increase trade, investment and dialogue on human rights in its most significant diplomatic shift since Brussels lifted sanctions on the communist-ruled country in 2008..

  • EU eyes warmer Cuba ties with push for new accord Monday, 10 Feb 2014 | 9:58 AM ET

    BRUSSELS, Feb 10- The European Union agreed on Monday to launch negotiations with Cuba to increase trade, investment and dialogue on human rights in its most significant diplomatic shift since Brussels lifted sanctions on the communist island in 2008..