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Eastern Europe

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  • *Gazprom seeks to focus more on Asia, diversify from Europe. NOVO-OGARYOVO, Russia, Oct 29- Russia's Gazprom pledged more than $38 billion to develop an East Siberian gas field and build a pipeline to the Pacific port of Vladivostok to lessen its reliance on exports to Europe and develop Asian markets.

  • LONDON, Oct 29- Palladium is heading for its biggest one-month drop since May in October as a weak demand picture for the autocatalyst metal reins in gains made on the back of U.S. monetary stimulus and a sharply higher platinum price.

  • UPDATE 2-Hungary hints at life without IMF deal Monday, 29 Oct 2012 | 2:02 PM ET

    BUDAPEST, Oct 29- ``Life would go on'' if Hungary does not secure funding from the IMF, its chief negotiator said on Monday, casting doubt on Budapest's willingness to reach a deal to help ensure financial stability.

  • Reuters World News Highlights at 1400 GMT, Oct 29 Monday, 29 Oct 2012 | 2:00 PM ET

    ROME- Former Italian premier Silvio Berlusconi faced a fresh setback on Monday as early counting in a local election in Sicily showed his divided centre-right party trailing in a former stronghold and big gains for the anti-establishment 5 Star Movement.

  • UPDATE 2-Hundary hints at life without IMF deal Monday, 29 Oct 2012 | 2:00 PM ET

    BUDAPEST, Oct 29- ``Life would go on'' if Hungary does not secure funding from the IMF, its chief negotiator said on Monday, casting doubt on Budapest's willingness to reach a deal to help ensure financial stability.

  • *DOJ, SEC convinced enforcement changing corporate culture. At least eight of the world's top 10 drugmakers, including Bristol-Myers Squibb Co, Pfizer Inc and Johnson&, have disclosed U.S. probes under the 1977 Foreign Corrupt Practices Act.

  • BUDAPEST, Oct 29- Hungary appeared to cast doubt on Monday on prospects for an International Monetary Fund/European Union funding pact, with Budapest's negotiator saying ``life would go on'' even without a deal. Mihaly Varga, Hungary's minister in charge of the negotiations, also played down what an IMF/EU deal would do to attract investors.

  • Reuters World News Highlights at 1000 GMT, Oct 29 Monday, 29 Oct 2012 | 10:00 AM ET

    WASHINGTON- With one week left in the tight battle for the White House, it's all about the vital swing state of Ohio. Unless it's about Colorado- or Iowa, or tiny New Hampshire.

  • KIEV, Oct 29- Ukrainian President Victor Yanukovich's party was on Monday on course to secure a parliamentary majority after an election, but will face an opposition boosted by resurgent nationalists and a liberal party led by boxing champion Vitaly Klitschko.

  • Reuters World News Highlights at 0820 GMT, Oct 29 Monday, 29 Oct 2012 | 8:20 AM ET

    NEW YORK- Hurricane Sandy, which could become the largest storm ever to hit the United States, is set to bring much of the East Coast, including New York and Washington, to a virtual standstill in the next few days with battering winds, flooding and the risk of widespread power outages.

  • *Initial results put Yanukovich party ahead. *Regions party leaders foresee parliament majority. KIEV, Oct 29- Ukrainian President Victor Yanukovich's party was on Monday on course to secure a parliamentary majority after an election, but will face an opposition boosted by resurgent nationalists and a liberal party led by boxing champion Vital Kitsch.

  • TOKYO, Oct 29- Japan's Prime Minister Yoshihiko Noda made clear on Monday he was in no rush to go to the polls, speaking of the risk of a ``political vacuum'' in a speech likely to anger an opposition that has urged him to keep a promise to call an election soon.

  • KIEV, Oct 29- Ukrainian President Viktor Yanukovich's party was on course on Monday to secure a parliamentary majority after an election, but will face an opposition boosted by resurgent nationalists and a liberal party led by boxing champion Vitaly Klitschko.

  • TOKYO, Oct 29- Japanese Prime Minister Yoshihiko Noda made clear on Monday he is in no rush to go to the polls, speaking of unfinished business and the risk of a ``political vacuum'' in a speech likely to anger the opposition, which has been urging him to keep a promise to call an election soon.

  • The Impact of Budget Cuts on Eastern Europe     Monday, 29 Oct 2012 | 3:20 AM ET

    Herbert Stepic, CEO of Raiffeisen Bank, tells CNBC that Eastern Europe has not been forgotten at all and the central and eastern European countries did their homework earlier after 2009.

  • Governments to debate 50 bln euro cut to EU budget Sunday, 28 Oct 2012 | 7:58 PM ET

    BRUSSELS, Oct 28- European Union governments will debate a cut of at least 50 billion euros this week as the starting point for negotiations on the bloc's proposed 1 trillion-euro long-term budget, a source familiar with the issue said.

  • Ukraine ruling party claims victory in election Sunday, 28 Oct 2012 | 6:08 PM ET

    KIEV, Ukraine-- Ukrainian President Viktor Yanukovych's party claimed victory Sunday in a parliamentary vote tainted by the jailing of the country's top opposition leader.

  • Ukraine's opposition doing well in election Sunday, 28 Oct 2012 | 2:46 PM ET

    KIEV, Ukraine-- Ukraine's opposition parties performed strongly in Sunday's parliamentary vote, according to an exit poll, but President Viktor Yanukovych's party could still retain control of the legislature as its members are likely to sweep individual races across the country.

  • Swiss offer military bunkers as art storage answer Sunday, 28 Oct 2012 | 1:14 PM ET

    ZURICH/ LONDON, Oct 28- A metal door set into a mountain in Switzerland offers a way out for fine art investors forced to pay over the odds to insure their collections.

  • Ukraine elects parliament amid violations claims Sunday, 28 Oct 2012 | 11:56 AM ET

    KIEV, Ukraine-- Ukraine's opposition parties alleged widespread violations in Sunday's parliamentary vote, seen as a test of President Viktor Yanukovych's commitment to democracy and European values.