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  • MOSCOW— The Kremlin says Russian President Vladimir Putin has issued a decree lifting restrictions on tourism to Turkey following its' apology for downing a Russian warplane last year. Russia had banned the sales of package tours and halted charter flights to Turkey, dealing a heavy blow to the country's vital tourism industry. Moscow also banned most food...

  • ST PETERSBURG, Russia, June 30- Russia's central bank broadly agrees with a proposed new budget rule under which its foreign exchange reserves would be topped up when oil prices exceed a certain level, First Deputy Governor Ksenia Yudayeva said on Thursday. Yudayeva told a financial conference in St Petersburg that the central bank and finance ministry were...

  • KIEV, June 30- The National Bank of Ukraine bought $70.8 million from banks on Thursday, one of the largest amounts in recent weeks, after a weeklong break in the central bank's auctions on a market which sees the local currency firming. On Thursday, the bank said it would buy up to $100 million, accepting bids at an exchange rate between 24.8150- 24.8300 hryvnias per...

  • Brexit shakes hopes of Balkan EU bidders

    BELGRADE, Serbia— When Britain voted to leave the European Union, pro-Russians in Serbia were quick to proclaim the bloc's death: they lit candles and laid flowers in front of the EU headquarters in Belgrade and declared the country's efforts to join the 28- nation club null and void. Although the mock death certificate published by a Kremlin-backed group may be...

  • LONDON— The Latest on Britain's vote to leave the European Union:. The British government says a decision on whether to build a third runway on a London- area airport will be delayed until at least October— another sign of uncertainty after the U.K.' s vote to leave the European Union. The government had planned to announce this summer whether Heathrow or its rival...

  • ISTANBUL— As the death toll from the Istanbul airport attack rose Thursday to 44, a senior Turkish official said the three suicide bombers who carried it out were from Russia, Uzbekistan and Kyrgyzstan, and Turkish police raided Istanbul neighborhoods for suspects linked to the Islamic State group. There was no immediate claim of responsibility by the...

  • MOSCOW— President Vladimir Putin has extended Russia's ban on imports of Western food until the end of 2017.. Wednesday's decree comes as the European Union is preparing to extend a set of sanctions against Russia for another six months. The EU has followed Washington in slapping Russia with sanctions after its annexation of Ukraine's Crimean Peninsula and...

  • BEIJING— China has replaced its internet regulator, Lu Wei, the hard-liner responsible for leading the government's efforts to tighten control over domestic cyberspace and export the ruling Communist Party's philosophy of web control. The departure of Lu, one of the Communist Party's rising stars and an ambitious ally of President Xi Jinping, had been...

  • Deputy Labour Party leader Tom Watson says his party is facing an "existential crisis" in the wake of Britain's decision to leave the European Union. French Interior Minister Bernard Cazeneuve says that a 2003 French-British treaty to keep migrants out of Britain and trapped in northern France is "in no way put into question" by Britain's exit from the European...

  • MOSCOW, June 28- Russia's sugar production will increase to 5.6 million tonnes in 2016, from 5.2 million tonnes last year, thanks to a larger sowing area and favourable weather, Evgeny Ivanov, a sugar analyst at IKAR, forecast on Tuesday. IKAR, a leading agriculture consultancy in Moscow, sees Russia's domestic consumption of sugar rising this year by 50,000...

  • MOSCOW— It will take time for Russia to mend ties with Turkey after the November downing of a Russian military jet, the spokesman for President Vladimir Putin said Tuesday. Recep Tayyip Erdogan sent a letter of formal apology to Putin on Monday, seven months after Turkey shot down the Russian jet on a mission in Syria, triggering a slew of Russian sanctions that...

  • LONDON, June 28- Emerging markets rebounded on Tuesday, halting a two-session losing streak, with Eastern European stocks and currencies leading gains thanks to a weaker dollar and a pledge from China to counter further Brexit-related volatility. MSCI's emerging equity index rose 0.8 percent, having tumbled 5 percent since Thursday amid a global market rout...

  • Russia China

    Stronger trade ties and relations with China would be beneficial for both countries, says Russian Deputy Finance Minister Maxim Oreshkin.

  • Brexit Putin

    Russian Deputy Finance Minister Maxim Oreshkin says the country has gotten used to anctions and is more focused on fixing domestic issues.

  • *India to buy 700,000 tonnes at $227 a tonne. *India, China are world's biggest fertilizer consumers. MINSK/ MUMBAI, June 27- Belarus has agreed to sell potash to India at the lowest price in a decade and about a third less than last year's level as global supplies of the crop nutrient exceed demand.

  • *Landmark contracts in Turkey, Hungary under threat. PARIS/ MOSCOW, June 26- The $100 billion overseas order book of Russia's nuclear power plant builder Rosatom-- bigger than all its Western competitors combined-- makes it look like the giant in its field. Deal after deal has collapsed in Europe, where individual countries and the European Union as a whole consider...

  • BEIJING, June 25- Russia and China sealed a raft of energy deals during President Vladimir Putin's visit to Beijing on Saturday, strengthening economic ties while pledging to preserve the strategic balance of power among nations. Rosneft, Russia's top oil producer, agreed with China National Chemical Corporation that ChemChina would take a 40 percent stake...

  • BEIJING, June 25- Russia and China sealed a raft of energy deals during President Vladimir Putin's visit to Beijing on Saturday, strengthening economic ties while pledging to preserve the strategic balance of power among nations. Rosneft, Russia's top oil producer, agreed with China National Chemical Corporation that ChemChina would take a 40 percent stake...

  • BEIJING— Russian President Vladimir Putin on Saturday emphasized economic ties with China and praised what he called Russia's "all-embracing and strategic partnership" with its neighbor, during a visit to Beijing that takes place against the background of a drop in trade and lingering mistrust. While Russia and China are linked by cooperation on the...

  • He insisted he respected Britain's decision and added he was confident the nation would pursue an orderly transition to life outside the EU. He put the U.K. on notice it would become a low priority on trade while pushing back on the isolationist and anti-immigrant sentiments that have taken root in the U.S. and elsewhere and now seem to be tearing at Europe's...