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  • *Britain's FTSE 100 index is seen opening 14 to 16 points higher, or up 0.3 percent, according to financial bookmakers. *The UK blue chip index closed down 0.5 percent, or 29.28 points lower, at 5,841.74 points on Monday.

  • UPDATE 1-MegaFon says to launch London IPO Tuesday, 9 Oct 2012 | 2:28 AM ET

    MOSCOW, Oct 9- Russia's second-largest mobile phone operator MegaFon, in which Russia's richest man Alisher Usmanov took control in April, said on Tuesday it plans to launch an initial public offering on the London Stock Exchange. Shares will be sold by Nordic co-owner TeliaSonera and MegaFon itself.

  • CORRECTED-MegaFon says to launch London IPO Tuesday, 9 Oct 2012 | 2:21 AM ET

    MOSCOW, Oct 9- Russia's second-largest mobile phone operator MegaFon, in which Russia's richest man Alisher Usmanov took control in April, said on Tu esday it plans to launch an initial public offering on the London Stock Exchange.

  • RPT-MegaFon says to launch London IPO Tuesday, 9 Oct 2012 | 2:14 AM ET

    MOSCOW, Oct 8- Russia's second-largest mobile phone operator MegaFon, in which Russia's richest man Alisher Usmanov took control in April, said on Monday it plans to launch an initial public offering on the London Stock Exchange.

  • MegaFon says to launch London IPO Tuesday, 9 Oct 2012 | 2:12 AM ET

    MOSCOW, Oct 8- Russia's second-largest mobile phone operator MegaFon, in which Russia's richest man Alisher Usmanov took control in April, said on Monday it plans to launch an initial public offering on the London Stock Exchange.

  • Russian markets - Factors to Watch on Oct 9 Tuesday, 9 Oct 2012 | 2:01 AM ET

    MOSCOW, Oct 9- Here are events and news stories that could move Russian markets on Tuesday. MOSCOW- Russian Prime Minister Dmitry Medvedev will meet his Iraqi counterpart Nuri al-Maliki. MOSCOW- Russia's second-biggest mobile phone operator MegaFon is expected to start pre-marketing its London initial public offering.

  • UK Stocks-Factors to watch on Oct. 9 Tuesday, 9 Oct 2012 | 1:49 AM ET

    *Britain's FTSE 100 index is seen opening 14 to 16 points higher, or up 0.3 percent, according to financial bookmakers. *British retail sales posted a solid rise last month as Britons splashed out on sturdy shoes and warm clothes, the British Retail Consortium said on Tuesday, raising the chances of a more lasting economic recovery.

  • PARIS, Oct 9- European stocks are set to inch higher on Tuesday, halting the previous session's sell-off as expectations mount of further stimulus measures from China, although gains could be limited by broad worries over global growth and on whether or not Spain will request a bailout. ,for Germany's DAX and for France's CAC were up 0.2-0.5 percent.

  • MegaFon to offer 15 pct of shares in IPO-paper Tuesday, 9 Oct 2012 | 1:20 AM ET

    MOSCOW, Oct 9- Russia's second-largest mobile phone operator MegaFon may reduce the size of its planned initial public offering to around 15 percent of its shares from 20 percent expected earlier, Russian business daily Kommersant reported on Tuesday.

  • TNK Vietnam says starts Vietnam gas production Tuesday, 9 Oct 2012 | 1:16 AM ET

    HANOI, Oct 9- TNK Vietnam, a subsidiary of Russia's third-largest oil producer TNK-BP, said on Tuesday it has started gas production at the Lan Do field off Vietnam's coast. Production began on Sunday at the field, 28 kilometres east of Lan Tay Platform in Block 06.1, the company said in a statement.

  • MOSCOW, Oct 9- Russian aluminium group RUSAL. The dispute relates to the 2011 buyback of 7.7 percent of Norilsk's shares by Norilsk Nickel Investments Ltd, a Cyprus- based company.

  • MOSCOW, Oct 9- Russia's top crude producer Rosneft said on Tuesday its powerful chief executive Igor Sechin met the co-owners of international oil trading house Gunvor to discuss trading issues, amid reports of a rift between Sechin and Gunvor's co-owner Gennady Timchenko.

  • German Chancellor Angela Merkel

    German Chancellor Angela Merkel flies into the heart of Europe's debt crisis on Tuesday, facing protests by angry Greeks to bring a message of support to a near-bankrupt nation fighting to stay in the euro.

  • LONDON, Oct 9- BP's billionaire partners in TNK-BP, Russia's third-biggest oil producer, said they could sell or list their 50 percent stake in the business, plunging the venture's plans into further confusion, the Financial Times reported on Tuesday.

  • Euro zone crisis dents growth in CIS region-IMF Monday, 8 Oct 2012 | 5:30 PM ET

    TOKYO, Oct 9- Growth in the Commonwealth of Independent States will be lower in 2012 than previously forecast due to the impact of crisis-ridden Europe and a dip in commodity prices, the International Monetary Fund said on Tuesday.

  • Seaplanes to hop past Indonesia's lack of airports Monday, 8 Oct 2012 | 5:00 PM ET

    MOYO ISLAND, Indonesia, Oct 9- The seaplane taxiing over a coral reef to deliver tourists to a remote luxury resort may soon become a more familiar sight in Indonesia, an archipelago of 17,000 islands and only 183 airports.

  • CORRECTED-Med Crude-Urals stable in Baltic Monday, 8 Oct 2012 | 1:17 PM ET

    Russia's Saratov oil refinery, owned by Anglo-Russian crude producer TNK-BP. ,has resumed production after it caught fire last week, TNK-BP said on Monday. Iraqi Kurdistan's leading oil producer, Genel Energy, said it would keep crude exports flowing after the Kurdistan Regional Government finally received an initial payment from Baghdad.

  • Snipers, Commandos to Welcome Merkel in Greece Monday, 8 Oct 2012 | 12:22 PM ET
    Demonstrators clash with riot police during a protest against the visit to Greece by Germany's Chancellor Angela Merkel October 9, 2012 in Athens, Germany.

    Debt-swamped Greece braced for two days of strikes, protests and potential violence as German Chancellor Angela Merkel, long demonized for her tough-talking, austerity-minded approach to Europe’s deepening woes, prepared to visit the epicenter of the crisis, three years since it began here.

  • TEXT-Fitch affirms OAO Raspadskaya ratings Monday, 8 Oct 2012 | 11:35 AM ET

    Currently Russia's largest steel producer Evraz Group SA and Raspadskaya's management jointly own Corber Enterprises Ltd, the owner of an 82% stake in Raspadskaya, on a parity basis. As a result of the ownership change, Evraz plc, the parent of Evraz Group SA, will obtain Raspadskaya's management's stake in Corber Enterprises.

  • AKTAU, Kazakhstan, Oct 8- An outspoken critic of Kazakhstan's veteran president was jailed for seven-and-a-half years on Monday for colluding with a fugitive billionaire in a failed attempt to rally oil workers to bring down the government.