Exxon Mobil’s ambitions in Russia appear to have been dashed, at least until the Ukraine crisis is resolved. The NYT reports.» Read More
BERLIN/ FRANKFURT, July 29- The knock to confidence from harsher European sanctions on Russia could spoil the euro zone's budding economic recovery even if it shrugs off the fallout on trade.
*Russia accused by West of arming rebels in Ukraine. MOSCOW, July 29- Vladimir Putin risks becoming an international pariah over the Ukraine crisis but the Russian president is battening down the hatches for the gathering economic and political storm.
DONETSK, Ukraine, July 29- On the last day of May, a surface-to-air rocket was signed out of a military base near Moscow where it had been stored for more than 20 years. Reuters was unable to verify its authenticity with the Russian military, and Moscow has consistently denied arming the separatists in eastern Ukraine.
MOSCOW, July 29- Russian stocks dipped in volatile trade on Tuesday, extending the previous day's huge losses as investors awaited a broad round of economic sanctions the European Union is preparing to impose on Russia over the Ukraine crisis. They will not look cheap at current levels, "said Geldy Soyunov, senior analyst at Alfa Bank in Moscow.
*Geopolitical tensions support $1,300- an-ounce level. SINGAPORE, July 29- Gold was little changed just above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors also focusing on U.S. jobs data and a Federal Reserve policy meeting this week.
SINGAPORE, July 29- Gold was little changed above $1,300 an ounce on Tuesday, supported by geopolitical tensions in the Middle East and Ukraine, with investors waiting for cues from U.S. jobs data and a Federal Reserve policy meeting this week. *Gold, seen as a safe-haven asset, has benefited from tensions between the West and Russia.
*Demand weak in Europe and Asia; supplies ample. NEW YORK, July 28- Oil prices dipped on Monday as signs of excess supplies of North Sea and West African crude and weak demand in Europe and Asia offset fears of escalating tensions in Ukraine and the Middle East.
BRUSSELS, July 28- EU diplomats reached a preliminary agreement on Monday on a list of associates of Russian President Vladimir Putin and companies that will face sanctions as part of tougher measures over Moscow's actions in Ukraine, EU sources said.
*Russia to appeal "politically biased decision". MOSCOW/ LONDON/ AMSTERDAM, July 28- An international arbitration court ruled on Monday that Russia must pay $50 billion for expropriating the assets of Yukos, the former oil giant whose ex-owner Mikhail Khodorkovsky fell foul of the Kremlin.
*Ruling comes amid turmoil in Ukraine and East-West rift. MOSCOW/ LONDON/ AMSTERDAM, July 28- The Hague's arbitration court ruled on Monday that Russia must pay a group.
*Court orders Moscow to pay $51 billion in Yukos case. MOSCOW, July 28- The rouble and Moscow stocks extended their losses on Monday after Russia said it would appeal against an international court ruling to pay $51 billion for expropriating assets of the now-defunct oil producer Yukos.
Willis Sparks, Eurasia Group, provides insight on the range of economic tools at Russia's disposal.
It's becoming increasingly more difficult for investigators to reach the crash site of the downed Malaysian airliner, reports NBC's Keir Simmons.
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.
DONETSK/ KIEV, July 28- After pro-Russian rebels took 720 kg of explosives, 360 detonators and almost 1 km of wiring, the Skochinskiy coal mine, an ageing stalwart of the economy in Ukraine's Donbass region, was put out of action.
*Russia has to start paying by Jan. 15 2015- paper. MOSCOW, July 28- Shareholders in defunct oil giant Yukos won a court battle against Russia in one of the largest-ever commercial legal cases, in which Moscow must pay $50 billion for expropriating the assets, Kommersant daily said, citing unnamed sources.
MOSCOW, July 28- The Permanent Court of Arbitration in the Hague will announce on Monday that Russia must pay $50 billion to former shareholders of the defunct oil company Yukos, Russian business daily Kommersant reported on its website, citing unnamed sources. The newspaper said Russia was expected to appeal against the ruling.
*Washington warns more heavy weapons crossing to conflict zone from Russia. KIEV/ DONETSK, Ukraine, July 27- As Ukrainian troops gained ground in eastern Ukraine in early July, separatist leader, Aleksander Borodai, a Russian national, left for Moscow for political consultations.
Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis.