The EU's decision to extend sanctions against Russia is akin to "economic war," the head of one of Russia's largest banks told CNBC.
BT has agreed to pay down its ballooning pension deficit and signed off on an upgrade of its fiber network.
Russia's ambassador to the UK was summoned after two Russian bombers disrupted civilian air traffic over the English Channel.
Russian Finance Minister Anton Siluanov told CNBC that Russia would consider giving financial help to debt-ridden Greece.
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European equities opened higher on Friday as global markets rebounded from a short-lived rout and oil prices recover slightly.
Jürgen Matthes, international director at Cologne Institute for Economic Research, says that if Greece accepts Russian financial aid it will create a "major diplomatic irritation".
Andrey Kostin, CEO of VTB, says the Russian central bank needs to cut interest rates.