NBC's Jim Maceda reports the latest details on two Ukrainian fighter jets that were shot down in the general area where Flight MH17 came down.» Read More
*Gazprom agreed $400 billion gas supply deal with China. ST PETERSBURG, Russia, May 23- Russia's landmark deal to supply natural gas to China will affect prices in Europe and have an impact on international liquefied natural gas projects, the chief executive of state-run Gazprom said on Friday.
ST PETERSBURG, Russia, May 23- Russia's landmark deal to supply gas to China may affect prices in Europe, the chief executive of Russia's state company Gazprom Alexei Miller said on Friday. Russia and China signed a 30- year gas supply contract, worth a total of more than $400 billion, earlier this week during President Vladimir Putin's visit to the country.
ST PETERSBURG, Russia, May 23- The chief executive of Russia's state company Gazprom said that the company's deal to supply natural gas to China signed earlier this week may affect prices in Europe.
Oligarch Petro Poroshenko is likely to win Ukraine's presidential election on Sunday, but has told CNBC that Russia might not accept the results.
ST PETERSBURG, Russia, May 23- Russia and China have agreed on a $25 billion prepayment under a supply deal signed earlier this week, Alexander Medvedev, chief executive of Gazprom Export, said on Friday. It's $25 billion, "Medvedev told journalists on the sidelines of the St Petersburg International Economic Forum.
With small caps higher in four of the last five sessions, market talk has turned to whether they've hit rock bottom—and some say maybe not yet.
The gas deal signals changes for several key global issues, and it will give Putin bragging rights in the face of recent Western sanctions.
ST PETERSBURG, May 22- President Vladimir Putin tried on Thursday to warm up relations with foreign investors chilled by the crisis in Ukraine, but many senior executives snubbed him by boycotting a conference billed as Russia's answer to Davos.
A key ally of President Vladimir Putin said Russia should remain in international institutions like the WTO, despite the recent furor over Ukraine.
*Timchenko now head of Russia- China business council. *Sees many Russia- China projects. ST PETERSBURG, Russia, May 22- Gennady Timchenko, who has had sanctions imposed on him by the United States, said on Thursday he expects a flurry of deals between Russia and China following his appointment as what he called Moscow's point person for business relations with China.
PERM, Russia, May 22- At the foot of the Ural Mountains stands a symbol of how even the best intentions in Russia can enable well-connected individuals to bleed money from the state. The hospital's chain-smoking director, Sergei Sukhanov, loves his new facility, the Federal Centre for Cardiovascular Surgery, which has beds for 167 patients.
Intel was present at the St Petersburg International Economic Forum, Russia's top business summit, despite pressure from the U.S. to veto the event.
ST PETERSBURG, Russia, May 22- Businessman Gennady Timchenko, who has had sanctions imposed on him by the United States, has been appointed Russia's main point person for business relations with China and expects a flurry of deals in a shift away from the West.
CNBC's Geoff Cutmore has an update from the Russian Economic Forum, as many notable business leaders decide to stay home amid unrest in Ukraine.
*Price is in line with recent Gazprom discounts to Europe. LONDON, May 22- China and Russia signed a $400 billion gas supply deal on Wednesday, securing the world's top energy user a major source of fuel and opening up a new market for Moscow as it risks losing European customers over the Ukraine crisis.
ST PETERSBURG, Russia, May 22- Global business leaders are thin on the ground at Russia's main investment conference in the face of government pressure to stay away because of the Ukraine crisis, but the Kremlin has advised Russian media not to make a big deal of it.
SKOLKOVO, Russia, May 22- Students at Moscow's new science-focused university crowded into a lecture theatre outside the capital earlier this month to hear Canadian-born Nobel prizewinning molecular biologist Sidney Altman speak.
SKOLKOVO, Russia, May 22- Students at Moscow's new science-focused university crowded into a lecture theater outside the capital earlier this month to hear Canadian-born Nobel prizewinning molecular biologist Sidney Altman speak.
Embattled Ukraine lacks “the power or the possibility” to stand up to Russia at present, Ukraine’s former prime minister told CNBC.
BLAGOVESHENSK, Russia, May 22- Russia could significantly boost its natural gas sales to Asia if companies other than Kremlin-controlled Gazprom secured exporting rights, documents from Russia's top oil producer Rosneft showed.