The head of Russia's Rosneft earns at least 15-20 million rubles a month, the oil company said on Tuesday, disclosing Igor Sechin's basic salary after President Vladimir Putin encouraged greater wage transparency.» Read More
MOSCOW, Dec 9- Russian businessman Gennady Timchenko said on Tuesday he was not interested in buying mid-sized oil company Bashneft and would not be interested in doing so in the future. A Moscow court handed shares in Bashneft to the state earlier this year after ruling its privatization had been unlawful. Timchenko, an ally of Russian President Vladimir Putin,...
NEW DELHI/ MOSCOW, Dec 9- India and Russia will strike an energy partnership when Prime Minister Narendra hosts President Vladimir Putin on Thursday to prepare the way for two Siberian oil deals and chart a route for a first pipeline between the two countries. Russia, isolated by the West over its annexation of Crimea and backing of an armed uprising in eastern...
Vladyslav Rashkovan, acting deputy governor of the National Bank of Ukraine, says economic activity in the east of Ukraine - which has been hard hit by the conflict with Russia - is picking up.
Vladyslav Rashkovan, acting deputy governor of the National Bank of Ukraine, says the country needs to make the right reforms to build a prosperous nation for the future.
Vladyslav Rashkovan, acting deputy governor of the National Bank of Ukraine, says the central bank needs to stop inflation getting "out of control" in the country.
The latest anti-Russia resolution from the House is one of the worst pieces of legislation I can remember, says former Rep. Ron Paul.
Vladimir Putin is trying to make the best of a tough geopolitical situation, and one NATO member is seeing big benefits.
French President Hollande said after an impromptu visit to Russia for crisis talks on Saturday that a ceasefire could take hold in Ukraine soon.
MOSCOW, Dec 6- French President Francois Hollande said after an impromptu visit to Russia for crisis talks with Vladimir Putin on Saturday that a ceasefire could take hold in eastern Ukraine in the next few days. The Russian president, who met Hollande during his stopover at a Moscow airport after a trip to Kazakhstan, said he also hoped agreement would be reached...
Wrap it up and put on a bow, "Mad Money" host Jim Cramer thinks these stocks belong under the tree.
Jim Cramer breathes a sigh of relief now that the jobs report is out of the way. He's partying on the market with these opportunities for next week.
MOSCOW, Dec 5- The rouble defied falling oil prices to firm on Friday, buoyed by what traders said were sizeable interventions by the central bank after President Vladimir Putin gave instructions to deal with "speculators" he blames for weakening the currency. Russian stocks fell heavily, however, weighed down by oil prices falling further below $70 per barrel.
BUDAPEST, Dec 5- Hungarian Prime Minister Viktor Orban accused Brussels on Friday of sabotaging the Russian-backed South Stream gas pipeline project, which was scrapped this week in a setback to his strategy of closer ties with the Kremlin. Orban has tried to secure supplies of energy and trade for Hungary by doing deals with Moscow, but that drew criticism from...
Russia's Vladimir Putin is going to "lock somebody up" to send a message to speculators betting against the ruble, says former diplomat David Gordon.
Oil prices are dropping and Russia is playing defense. What will Vladimir Putin do next? David Gordon, International Capital Strategies, shares his outlook on Russia's economic future.
MOSCOW, Dec 5- The Russian rouble firmed against both the dollar and the euro in early trading on Friday, probably supported by interventions from the central bank, two traders told Reuters. Russian President Vladimir Putin failed to boost the rouble in his state of the nation address on Thursday, while many market participants and investors had expected at...
Russia will "lose trillions" from the sanctions by entering an "unnecessary confrontation" with Ukraine, Radoslaw Sikorski, speaker of the Parliament and former Foreign Minister of Poland, adding that a unified Europe is needed to respond to Vladimir Putin..
Russians are rushing to buy high-end, U.S.-made items like cars before prices in their native rubles spike.
Putin blames everyone else for Russia's problems, including speculators and the West in general, says Timothy Ash, head of emerging markets research at Standard Bank.
"With the goal of limiting speculative activity, the Bank of Russia is considering exclusively measures of an economic character and does not intend to introduce administrative restrictions," the bank said in e-mailed comments. "If there is evidence of manipulation in the forex market, the Bank of Russia intends to initiate an investigation into relevant...