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  • Russian President Vladimir Putin

    The inauguration isn't just a big day for Donald Trump. Vladimir Putin probably thinks it's a big day, too.

  • MOSCOW— A chocolate maker owned by Ukraine's president says it's planning to shut its factory in Russia for "economic and political reasons." Ukrainian President Petro Poroshenko last year put the Roshen confectionery company in a trust, arguing that it's difficult to sell the asset amid an economic downturn. Relations between the two ex-Soviet neighbors...

  • An advertising board of a Voentorg shop displaying a portrait of US President-elect Donald Trump in central Moscow on January 19, 2017.

    Russia is in the grip of "Trumpomania", with state media giving the President-elect blanket air time.

  • KIEV, Jan 20- Ukraine's largest confectionery company, owned by President Petro Poroshenko, plans to close its only factory in Russia, saying it had become impossible to do business there because of trade restrictions and anti-Ukrainian sentiment. The Lipetsk plant in western Russia has seen production decline since March 2014 when Moscow annexed Ukraine's...

  • DAVOS, Switzerland, Jan 20- Russia's economy could grow by 2 percent in 2017 as long as there are no external shocks such as a renewed fall in oil prices, Economy Minister Maxim Oreshkin said on the sidelines of the World Economic Forum in Davos. Oreshkin said Russia would not abandon a free-floating rouble, which was one of the moves taken by the Russian central bank...

  • *Hopes of OPEC supply cuts lift crude for second day. The International Energy Agency said that while it was "far too soon" to gauge OPEC members' compliance with promised cuts, commercial oil inventories in the developed world fell for a fourth consecutive month in November, with another decline projected for December. China's December refinery runs were up 3.7...

  • Hermitage Capital Management CEO Bill Browder talks about incoming U.S. president, Donald Trump, in relation to Russia.

  • Hermitage Capital Management CEO Bill Browder takes a look at the state of Russia’s economic outlook, with added comment on sanctions.

  • *Hopes of OPEC supply cuts lift crude for second day. The International Energy Agency said that while it was "far too soon" to gauge OPEC members' compliance with promised cuts, commercial oil inventories in the developed world fell for a fourth consecutive month in November, with another decline projected for December. China's December refinery runs were up 3.7...

  • West Texas Intermediate crude oil futures were trading up 20 cents at $51.57 per barrel at 0038 GMT. The International Energy Agency said that while it was "far too soon" to gauge OPEC members' compliance with promised cuts, commercial oil inventories in the developed world fell for a fourth consecutive month in November, with another decline projected for...

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices edged higher on Thursday, but swelling U.S. crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far too soon"...

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices edged higher on Thursday, but swelling U.S. crude stockpiles limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far too soon"...

  • Treasury Secretary nominee, Steven Mnuchin, testifies during his Senate Finance committee confirmation hearing on Capitol Hill, on January 19, 2017

    But Mnuchin echoes Trump in saying that sanctions could get revoked in exchange for a different deal from Moscow.

  • WASHINGTON, Jan 19- The U.S. Treasury will enforce all sanctions against Russia unless a deal were reached between Washington and Moscow, President-elect Donald Trump's nominee to run the department said on Thursday. Asked during a Senate confirmation hearing if he was committed to enforcing existing sanctions against Russia, Treasury Secretary nominee...

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices rose on Thursday, but swelling crude stockpiles in the United States limited the rebound from a one-week low after the International Energy Agency said oil markets had been tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far...

  • *Gazprom sees its gas prices in Europe rising in 2017. Certainly that is pushing the prices down, "said German Nikonenko, the head of UralSib Capital trading. However, Moscow has faced strong lobbying against the measure from companies including Russia's largest oil producer Rosneft, headed by Igor Sechin, a long-standing ally of President Vladimir Putin.

  • *Rising U.S. shale output to balance OPEC, non- OPEC cuts. NEW YORK, Jan 19- Oil prices rebounded from a one-week low on Thursday as the International Energy Agency said oil markets were tightening even before cuts agreed by OPEC and other producers took effect. The IEA said that while it was "far too soon" to gauge OPEC members' levels of compliance with promised cuts,...

  • WASHINGTON, Jan 19- When world powers agreed in 2015 to lift sanctions on Iran in return for curbs on its nuclear program, the deal's supporters in the United States, Europe and Tehran hoped renewed trade and investment could boost Iran's private sector and weaken the state's hold on the economy. But a Reuters review of business accords reached since then shows...

  • MOSCOW, Jan 19- The Kremlin is planning to build an exclusive health clinic for President Vladimir Putin and senior officials, according to documents seen by Reuters and to medical sources familiar with the project. The proposed three-storey building, in the grounds of the Kremlin-run Central Clinical Hospital in a Moscow suburb, will have space for 10...

  • MOSCOW, Jan 19- At a televised debate about Russia's healthcare system last year, a young doctor asked President Vladimir Putin why so many senior officials sought medical treatment abroad- and if the president was one of them. He said he used the Central Clinical Hospital, a vast complex on the outskirts of the Russian capital where for decades the top echelons of...