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RUSSIAN FINANCE MINISTRY SAYS WILL APPEAL DECISION THE HAGUE COURT RULING ON YUKOS- FINANCE MINISTRY STATEMENT.
ROME— A new amusement park outside Rome celebrates the world of cinema, taking visitors back to the golden age of Italian film production when the Rome- based Cinecitta Studios— still in operation— were known as " Hollywood on the Tiber."
The EU has frozen assets and banned travel for some Russian officials, after Russia annexed Ukraine's Crimea region and began supporting separatists fighting Kiev's forces in eastern Ukraine.
*Court orders Moscow to pay $51 billion in Yukos case. MOSCOW, July 28- Shares in Russia's Rosneft fell more than the broad MICEX index on Monday after an international court ordered Moscow to pay $51 billion for expropriating the assets of the now-defunct oil producer Yukos, most of which were acquired by Rosneft in auctions.
*FTSEurofirst 300 flat, Euro STOXX 50 up 0.1 pct. *Ryanair, Reckitt outperform on earnings, dealmaking. LONDON/ PARIS, July 28- European stocks traded flat on Monday, with strong earnings updates from firms like Ryanair and spin-off talk from Reckitt Benckiser balancing concerns over the implications of new international sanctions on Russia.
But Romania ranks as the European Union's second-poorest state and among the weakest in collecting taxes and fighting fraud, making it poorly equipped to manage the bitcoin.
BRUSSELS— The European Union's antitrust authority has cleared Apple's $3 billion deal to buy Beats Electronics, which makes headphones and offers music streaming services. The takeover of Beats Electronics and Beats Music announced in May for $2.6 billion in cash and $400 million in stock is the most expensive acquisition in Apple's 38- year history.
TEL AVIV, July 28- Leonid Nevzlin, the biggest ultimate beneficial owner of defunct oil giant Yukos, expressed satisfaction with the Hague's arbitration court ruling that Russia must pay a group of shareholders around $50 billion for expropriating its assets.
ISRAEL- LEONID NEVZLIN SAYS HE'S PLEASED HAGUE COURT RULED RUSSIA ILLEGALLY NATIONALISED YUKOS.
*Jumia adding retail sites for Uganda, Ghana and Cameroon. BERLIN, July 28- Online retailer Jumia, a would-be African Amazon set up by German venture capital firm Rocket Internet, is expanding into three new markets- Uganda, Ghana and Cameroon, the company said on Monday.
LONDON, July 28- Russia will have 180 days, until January 15 2015, to start paying the $50 billion awarded by the Hague's arbitration court to a group of Yukos shareholders, a lawyer for the shareholder group said on Monday.
AMSTERDAM, July 28- An international arbitration panel in the Netherlands on Monday ordered Moscow to pay $51.57 billion in damages to shareholders in the defunct oil giant Yukos, saying officials under President Vladimir Putin had manipulated the legal system to bankrupt the company.
*Ruling comes amid turmoil in Ukraine and East-West rift. MOSCOW, July 28- The Hague's arbitration court ruled on Monday that Russia must pay a group of shareholders in defunct oil giant Yukos around $50 billion for expropriating its assets, a big hit for a country teetering on the brink of recession.
PARIS, July 28- European stocks reversed early gains and dipped on Monday morning, adding to the previous session's losses, with Germany's Wincor Nixdorf sinking after it slashed its sales forecast.
LONDON— An international court on Monday ordered Russia to pay over $50 billion in compensation to the former majority shareholder of now-defunct Russian oil company Yukos over the expropriation of the company more than 10 years ago.
LONDON, July 28- The $50 billion awarded by the Hague's arbitration court against Russia is the largest arbitration award ever, said Tim Osborne, director of the GML group of shareholders which made the claim.
RUSSIA'S ROSNEFT BELIEVES THAT NO CLAIMS CAN BE MADE TO THE COMPANY DUE TO THE HAGUE COURT RULING ON YUKOS.
The Permanent Court of Arbitration in The Hague issued rulings in three separate cases which had sought a total of $100 billion from Russia for expropriating Yukos, formerly controlled by Mikhail Khodorkovsky, once Russia's richest man.
HAGUE COURT BACKS SHAREHOLDERS IN DEFUNCT RUSSIAN OIL GIANT YUKOS, ORDERS MOSCOW TO PAY ABOUT $50 BLN.
MOSCOW, July 28- Russian Foreign Minister Sergei Lavrov said on Monday Moscow could launch an appeal if the Hague's arbitration court rules in favour of a group of shareholders in defunct oil giant Yukos against Russia.