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  • *If so, might have to compete with Russia's Summa group. MOSCOW, Dec 8- Russian billionaire Vladimir Lisin is selling a stake of around 1.5 percent in the country's largest steelmaker NLMK, which he controls, the bookrunner for the deal said on Thursday. Forbes magazine ranks Lisin as Russia's eighth richest businessman with a worth of about $9.3 billion.

  • The bank, Italy's biggest retail lender, has deep ties in Russia and advised state-owned Rosneft on the sale of the 19.5 percent stake. Wednesday's announcement showed the Kremlin can lure big foreign investors to its oil sector despite political risks associated with Russia, which is locked in a stand-off with the West over conflicts in Ukraine and Syria.

  • Oil wells on Kharg Island in the Persian Gulf, off the coast of Iran.

    The president-elect has threatened to pull out of the Iran nuclear deal, but analysts say he's unlikely to go that far.

  • Russian Energy Minister Alexander Novak (C) speaks next to Mohammed bin Saleh al-Sada (R), President of the Organisation of Petroleum Exporting Countries (OPEC) during a press conference at the 23rd World Energy Congress on October 12, 2016 in Istanbul.

    OPEC is trying to get nonmembers to cut oil production, but it may not be able to leverage the fear factor with prices above $50 a barrel.

  • MOSCOW, Dec 8- Russian billionaire Vladimir Lisin may sell part of his holding in the country's largest steelmaker NLMK, which he controls, three banking and industry sources told Reuters on Thursday. Lisin controls 85.5 percent of NLMK and Forbes magazine ranks him as Russia's eighth richest businessman worth about $9.3 billion. Lisin's representative...

  • MOSCOW— A surprise decision by Russia to sell a fifth of its state-controlled oil company to, among others, a Swiss company has raised questions about the impact of Western sanctions and who is behind the deal. The CEO of Rosneft said late Wednesday that it had agreed to sell a 19.5 percent stake to Swiss commodities giant Glencore and Qatar's sovereign wealth...

  • LONDON, Dec 8- Emerging market stocks climbed the most in a month on Thursday, as Russia's approval of the sale of a 10.5 billion euro stake in its largest oil firm sent Moscow shares to a record high and forecast-beating Chinese trade data lifted the mood. The European Central Bank was also expected to extend its already generous 1.5 trillion euro stimulus...

  • BERLIN— Russia is trying to destabilize German society with propaganda and cyberattacks ahead of the country's general election, Germany's domestic intelligence agency said Thursday. "There is growing evidence of attempts to influence the federal election next year," said the BfV's head, Hans-Georg Maassen, citing "increasingly aggressive cyberespionage"...

  • LONDON/ MOSCOW, Dec 8- Italian bank Intesa Sanpaolo is expected to provide a large chunk of funds to a consortium of Qatar and commodities trader Glencore to finance their purchase of a stake in the Kremlin oil major Rosneft, two sources familiar with the transaction said. Russia said on Wednesday it had sold a 19.5 percent government stake in Rosneft for 10.5...

  • MOSCOW, Dec 8- The Kremlin said on Thursday it has had no contact with Carter Page, previously described as a foreign policy adviser to U.S. The RIA news agency reported earlier on Thursday that Page had arrived in Moscow to meet with businessmen and politicians. Kremlin spokesman Dmitry Peskov told reporters on a conference call there had been no contacts.

  • A worker checks the valve of an oil pipe at an oil field owned by Bashneft company near Nikolo-Berezovka, Bashkortostan, Russia.

    Russia's government will not order Russian oil companies to cut output as part of a deal with OPEC, RIA cited Deputy PM.

  • MOSCOW, Dec 8- Russia's foreign ministry has no plans to meet with Carter Page who was previously described as a foreign-policy adviser to U.S. president-elect Donald Trump, Interfax news agency reported on Thursday. "As things stand this morning, there are no plans in the foreign ministry to hold a meeting with him," Interfax quoted Deputy Foreign Minister Sergei...

  • President-elect Donald Trump is visiting Moscow to meet businessmen and politicians, a Russian state-owned news agency reported on Thursday. RIA Novosti on Thursday quoted Carter Page, one of Trump's foreign policy advisers during his election campaign, as saying that he has arrived in Moscow and will stay through Tuesday for talks with "influential...

  • While black swans are inherently unpredictable, Nomura has pointed to 10 potential grey swans to worry about for 2017.

  • MOSCOW, Dec 8- Carter Page, previously described as a foreign-policy adviser to U.S. president-elect Donald Trump, has arrived in Moscow to meet with businessmen and politicians, RIA News agency reported on Thursday.

  • PARIS, Dec 7- American and British spies have since 2005 been working on intercepting phone calls and data transfers made from aircraft, France's Le Monde newspaper reported on Wednesday, citing documents from former U.S. spy agency contractor Edward Snowden. According to the report, also carried by the investigative website The Intercept, Air France was...

  • MOSCOW, Dec 7- Russia said on Wednesday it sold a minority stake in oil giant Rosneft for 10.5 billion euros to Qatar and commodities trader Glencore, confounding markets which believed the Kremlin's standoff with the West would scare off major investors. The deal-- which has yet to be confirmed by Qatar or Glencore-- suggests the lure of taking a share in one of the...

  • MOSCOW— Commodities giant Glencore and Qatar's sovereign wealth fund have together acquired a 19.5 percent stake in Russia's top state-controlled oil company, Rosneft, in a deal worth 10.5 billion euros, officials said Wednesday. The acquisition represents a surprising turnaround for Glencore, which only last year faced doubts about its ability to handle...

  • BRUSSELS, Dec 7- EU nations agreed on Wednesday to allow the European Commission to vet their oil and gas deals with third countries like Russia to guard against anti-competitive practices and supply disruptions. Concerns in Europe over the EU's reliance on Russia for over a third of its gas needs have grown since pricing spats between Moscow and Kiev...

  • *Ukraine slashed starting price to $200 mln from $500 mln. KIEV, Dec 7- A second attempt to auction Ukraine's state-owned Odessa Portside Plant failed to attract any bids, the State Property Fund said on Wednesday- a major setback for the country's Western-backed push for privatization and reform. Ukraine is already struggling to convince its international...