As relations between Russia and the U.S. turn frosty, Ketchum, a division of Omnicom, finds itself walking an increasingly fine line.» Read More
MOSCOW, July 2- Russian oil producer Gazprom has replaced Alexander Medvedev as head of its exporting arm, Gazprom Export, with one of his deputies, Elena Burmistrova, as part of steps to increase its share in new and established markets.
*Uncertainty over Iraq and Ukraine supplies underpin prices in short term. NEW YORK, July 1- Crude oil prices dipped slightly on Tuesday on easing concerns of supply disruptions due to the conflicts in Iraq and Ukraine, whilst gaining some support from upbeat manufacturing data in China, the world's second-biggest oil consumer.
*Putin says he and Europe could not sway Poroshenko on ceasefire. KIEV, July 1- Ukrainian forces struck at pro-Russian separatist bases in eastern regions with air and artillery strikes on Tuesday after President Petro Poroshenko announced he would not renew a ceasefire but go on the offensive to rid Ukraine of "parasites".
*Concerns over Iraq and Ukraine underpin prices. NEW YORK, July 1- Brent and U.S. oil prices declined on Tuesday on easing concerns of supply disruptions due to the conflicts in Iraq and Ukraine, though markets gained some support from upbeat manufacturing data in China, the world's second-biggest oil consumer.
July 1- Card companies Visa Inc and MasterCard Inc may be able to avoid paying heavy security deposits to operate in Russia if they can find local processing partners by the end of October, Russian media outlets reported.
ST PETERSBURG, Russia, July 1- Sanctions imposed on Russia over Ukraine have brought growth to a standstill, had a "chilling effect" on investment and could force Moscow into economic isolation, the International Monetary Fund said on Tuesday.
*Gold hits highest since late March at $1,332.10/ oz. LONDON, July 1- Gold hit its highest since late March on Tuesday as bets that record-low interest rates will persist buoyed stocks and on fresh signs of interest from investors in futures and bullion-backed funds. Spot gold hit a three-month high at $1,332.10 an ounce and was at $1,327.90 by 1411 GMT.
MOSCOW, July 1- Rosneft, Russia's biggest oil firm, said on Tuesday it would take gas producer Gazprom to court if it refused to offer the state-controlled company access to a gas pipeline due to be built to China.
Erik Nielsen, global chief economist at UniCredit, says Russian President Vladimir Putin's actions in Ukraine are "brutal leadership" and not done out of commercial motivation.
Pro-Russian separatists in Ukraine have freed 4 international observers they were holding, reports CNBC's Simon Hobbs; and Michelle Caruso-Cabrera points out the bottom in Russia's market.
FRANKFURT, June 27- The European Central Bank will supervise and run health checks on the Austrian arms of Russia's two largest banks, giving officials in Frankfurt unprecedented control over their activities in Europe.
*Russia wants to end reliance on Kazakh launch pad. MOSCOW, June 27- Russia was forced to abandon Friday's debut launch of its first new space rocket since the Soviet era when the Angara booster cut out during a final countdown watched by President Vladimir Putin via video link from the Kremlin.
KHABAROVSK/ MOSCOW, Russia, June 27- Rosneft signed on Friday its second major agreement with BP since sanctions were imposed on the Russian oil company's chief executive, a close ally of President Vladimir Putin, over Russia's involvement in the Ukraine crisis.
KHABAROVSK, Russia, June 27- Rosneft signed its second major agreement with BP on Friday since sanctions were imposed on the Russian oil company's chief executive, a close ally of President Vladimir Putin, over the Ukraine crisis. The signing followed an agreement in by BP and Rosneft in May to jointly explore for tight oil in Russia.
MOSCOW, June 27- Russia will debut its first new design of space rocket since the Soviet era on Friday in a launch from its own territory, aiming to break a reliance on the Baikonur cosmodrome in Kazakhstan and foreign suppliers.
MOSCOW/ KIEV, June 26- German Chancellor Angela Merkel spoke to Russian President Vladimir Putin for the second time in two days on Thursday to discuss how to help resolve the crisis in eastern Ukraine, the Kremlin said.
Ukraine may want to sell energy assets to Western firms. But Russia may have something to say about it.
WASHINGTON, June 25- The United States said on Wednesday it has fresh sanctions ready to impose on Russia if Moscow does not take steps to de-escalate tensions with Ukraine, including halting the flow of fighters and arms to Ukrainian separatists.
MOSCOW, Jun 25- Russia is unlikely to ban major companies from holding accounts at foreign banks as part of a new law as some media reports have suggested, First Deputy Prime Minister Igor Shuvalov said.
Andrew Wood, former British ambassador to Russia and associate fellow for Russia and Eurasia Programme at Chatham House, comments on Russia and the impact of the Ukraine crisis.