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  • MOSCOW, Jan 27- Russian Finance Minister Anton Siluanov said on Tuesday that the country's anti-crisis plan did not envisage increasing budget spending and that the government's aim was not to spend Russia's sovereign reserves irresponsibly. Siluanov also told journalists that the plan was consistent with the finance ministry's aim of balancing the...

  • SILUANOV SAYS ANTI-CRISIS PLAN INCLUDES STRUCTURAL REFORMS, OPTIMISATION OF BUDGET SPENDING.

  • SILUANOV SAYS ANTI-CRISIS PLAN CONSISTENT WITH AIM OF BALANCING BUDGET BY 2017 WITH OIL AT $70 A BARREL.

  • SILUANOV SAYS ANTI-CRISIS PLAN DOESN'T ENVISAGE INCREASING BUDGET EXPENDITURE.

  • *Russia, Netherlands increase gold reserves. SINGAPORE, Jan 27- Gold struggled on Tuesday to recover losses from the previous two sessions as a firm dollar and strength in equities dulled the metal's appeal as a hedge, keeping the yellow metal firmly below a five-month high. "The bullion market's focus may shift to the upcoming FOMC two-day meeting on 27-28...

  • European rally hits pause on mixed trading updates Tuesday, 27 Jan 2015 | 3:10 AM ET

    LONDON, Jan 27- European shares opened steady on Tuesday as mixed corporate updates from firms including Siemens and Ericsson tempered investor appetite for stocks after an eight-day rally. Shares in Siemens fell 1.9 percent after it said profit from its industrial units fell 4 percent last quarter, driven by a drop at its power and gas unit, where it is...

  • Jan 27- Hong Kong shares snapped a five-day winning streak on Tuesday, dragged down by losses in mainland China markets. Among the most actively traded stocks on Hong Kong's main board were Wai Chun Group Holdings Ltd, up 30.0 percent at HK $0.07, Wai Chun Mining Industry Group Co Ltd, up 65.7 percent at HK $0.18 and Ping Shan Tea Group Ltd, up 4.0 percent at HK $0.08.

  • FRANKFURT, Jan 27- Internet sites including Facebook, the world's largest social network, Instagram and other popular sites suffered temporary outages on Tuesday and a hacker group associated with other recent high-profile attacks claimed it caused the outages. A Twitter account that purports to speak for hacker group "Lizard Squad" posted messages...

  • MOSCOW, Jan 27- Russia's rouble strengthened early on Tuesday, bouncing back after taking a sharp hit late on Monday, when ratings agency S&P downgraded Russia's sovereign credit rating to' junk'. Russian shares, however, opened lower, since Russia's stock market was closed when S&P made its announcement and therefore had not priced in the news.

  • *Oil may have hit bottom, could rise soon, says OPEC's Badri. SINGAPORE, Jan 27- Oil gave up early gains with Brent futures slipping below $48 on Tuesday as a stronger dollar weighed, offsetting comments from producer group OPEC that prices may have found a floor. "OPEC's Secretary General commented yesterday that prices may have bottomed, but there was no imminent...

  • *IAG would operate Aer Lingus as separate brand. DUBLIN, Jan 27- The board of Irish airline Aer Lingus has recommended an improved 1.36- billion-euro takeover offer from the owner of British Airways which now must sooth government concerns to win shareholder approval. Aer Lingus said its recommendation is subject to being satisfied with how IAG proposes to...

  • *Exports fall for 2nd year in 2014, imports also weak. BANGKOK, Jan 27- Thai exports fell for a second straight year in 2014, a blow for the military government as it struggles to get the economy growing and possibly increasing pressure on the central bank to cut interest rates on Wednesday. For 2014, exports were 0.4 percent lower than the previous year, the...

  • RUSSIA AND IRAN TO CREATE MUTUAL ACCOUNT FOR BILATERAL PAYMENTS IN NATIONAL CURRENCIES- RIA CITES IRANIAN AMBASSADOR TO MOSCOW.

  • With memories still fresh of Sandy, a superstorm that ravaged the East Coast in 2012, the governors of six East Coast states declared emergencies. The National Weather Service in New York said roughly 5.5 inches of snow had fallen in the Manhattan's Central Park by early Tuesday and nearly nine inches were recorded on parts of Long Island.

  • MOSCOW, Jan 27- Russia's biggest food retailer Magnit posted on Tuesday a worse-than-forecast 21.55 percent year-on-year decline in fourth-quarter earnings in dollars due to a sharp slide in the rouble. Magnit said net profit reached $284.3 million, compared to $362.4 million a year ago. Magnit is majority owned by Chief Executive Officer and founder Sergei...

  • MOSCOW, Jan 27- Russia's central bank said on Tuesday it had conducted no interventions on the foreign exchange market on Jan. 23 and that the Finance Ministry had not sold any forex on that day.

  • Russian rouble rallies after sliding on S&P downgrade Tuesday, 27 Jan 2015 | 2:13 AM ET

    MOSCOW, Jan 27- Russia's rouble strengthened by over 1 percent against both the dollar and euro in early trade on Tuesday, bouncing back after taking a sharp hit late on Monday, when ratings agency S&P downgraded Russia's sovereign credit rating to' junk'. Russian shares, however, opened lower, since Russia's stock market was closed when S&P made its announcement...

  • Aer Lingus recommends $1.5 bln offer from BA-owner IAG Tuesday, 27 Jan 2015 | 2:13 AM ET

    DUBLIN, Jan 27- Aer Lingus's board has recommended an improved 1.36 billion-euro takeover offer from International Consolidated Airlines Group, the Irish airline said on Tuesday. The new proposal by the owner of British Airways, its third in six weeks, is worth 2.55 euros per share, up from a previous 2.40 euros, and includes a cash offer of 2.50 per euros share and a...

  • UPDATE 1-Facebook, Instagram suffer widespread outage Tuesday, 27 Jan 2015 | 2:11 AM ET

    Jan 27- Facebook and Instagram services were down Tuesday with the social media site saying it is working on fixing the issue, several users said. We're working on it and we'll get it fixed as soon as we can, "Facebook said on its website. Users in the United States and many countries in Asia and Europe reported that they were unable to log on to the website and mobile...