×

Europe News Russia

  • LONDON, May 26- Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. The ECB meets on June 8 amid a growing clamour to begin "normalising" monetary policy. A major determinant of the policy path Mario Draghi outlines that day will be next week's euro zone inflation figures.

  • LONDON, May 26- Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. The ECB meets on June 8 amid a growing clamor to begin "normalizing" monetary policy. A major determinant of the policy path Mario Draghi outlines that day will be next week's euro zone inflation figures.

  • MOSCOW, May 26- Russia's biggest bank Sberbank will provide no new financing for indebted food and retail company Agrokor until the lender has reached an understanding with the Croatian government, Sberbank's chief executive said on Friday. Sberbank CEO German Gref said cooperation with the Croatian government had so far been "not simple."

  • MOSCOW, May 26- The chief executive of Russian bank Sberbank said on Friday that cooperation with the Croatian government over heavily indebted food producer Agrokor was "not simple." German Gref told reporters in Moscow that Sberbank, a major creditor to Agrokor, was not yet ready to talk about new financing for Agrokor until it had reached an agreement with the...

  • ANKARA, May 26- In a bid to resolve a trade row with Russia, Turkey has proposed Moscow lifts its ban on imported Turkish tomatoes during periods when Russian growers are unable to produce their own. "We understand Russia would like to develop its domestic production but they are in a position to continue trading with Turkey while doing that," a senior Turkish...

  • TAORMINA, Italy, May 26- Leaders from the world's major industrialised nations began talks on Friday at a G7 summit in Sicily which is expected to expose deep divisions with U.S. The two-day summit, at a cliff-top hotel overlooking the Mediterranean, began a day after Trump blasted NATO allies for spending too little on defence and described Germany's trade...

  • White House senior advisor Jared Kushner (C) sits alongside U.S. President Donald Trump (L) and Commerce Secretary Wilbur Ross (2nd L) as they prepare to meet with Saudi Arabia's King Salman bin Abdulaziz Al Saud and the Saudi delegation at the Royal Court in Riyadh, Saudi Arabia May 20, 2017.

    Investors will keep an eye on a Washington today as new reports have surfaced that Jared Kushner is now under FBI scrutiny.

  • Thwarting cyber-attacks against a vulnerable America: Endgame CEO

    Nathaniel Fick, Endgame CEO talks about providing the tools to protect corporations and people from security breaches.

  • TAORMINA, Italy, May 26- Talks between U.S. President Donald Trump and other leaders of the world's rich nations at the G7 summit on Friday were expected to be "robust" and "challenging" after he had lambasted NATO allies and condemned German trade policies a day earlier. Later, the leaders of Britain, Canada, France, Germany, Italy, Japan and the United States will hold...

  • *Finland and Russia agree to increase overflights. HELSINKI, May 26- Finnair has been allowed to increase its flights from Helsinki to Asian destinations over Siberia according to a new deal between Russia and Finland, the ministry of transport and communications said on Friday. Finnair, majority-owned by the state, depends on attracting traffic flows between...

  • *G7 leaders to hold two days of talks in Sicily. TAORMINA, Italy, May 26- Leaders of the world's rich nations braced for contentious talks with Donald Trump at a G7 summit in Sicily on Friday after the U.S. president lambasted NATO allies for not spending more on defence and accused Germany of "very bad" trade policies. The summit will kick off with a ceremony at an...

  • We've never seen an OPEC deal with such strong compliance

    Sabine Schels, head of commodities research at Bank of America Merrill Lynch, says that the market is most worried about Libyan and Nigerian oil production.

  • TAORMINA, Italy, May 26- U.S. Hosts Italy hope the luxurious, relaxed surroundings will give the rich-nation leaders a rare chance for wide-ranging debate on an array of international issues, including Syria, North Korea and the global economy. A senior Italian diplomat said Trump and the heads of Britain, Germany, France, Italy, Japan and Canada saw eye-to-eye on...

  • Russian energy minister: Unlikely in next few years oil prices will reach above $100

    Alexander Novak, the energy minister of Russia, speaks on where the oil producers would like to see the price of the commodity.

  • Russia’s not ruling out a deeper cut to oil production after OPEC disappoints

    Alexander Novak, the energy minister of Russia, underlines how global oil producers still have the flexibility to do more to help rebalance markets.

  • BRUSSELS, May 25- A smiling Donald Trump offered European Union chiefs assurances on security in Brussels on Thursday but EU officials did not conceal lingering differences with the U.S. president over Russia, trade and climate change. "The leaders discussed... shared challenges in fighting global terrorism," the White House said in a statement.

  • French President Emmanuel Macron (L) and German Chancellor Angela Merkel (2nd L) speaks as US President Donald Trump (C) arrives next to Greek Prime Minister Alexis Tsipras (R) for a family picture during the NATO (North Atlantic Treaty Organization) summit at the NATO headquarters, in Brussels, on May 25, 2017.

    Trump did not endorse Article 5, the mutual assistance clause that he was expected to publicly back.

  • Saudi Arabia's energy minister and president of the Organization of the Petroleum Exporting Countries (OPEC), Khalid al-Falih (R), attends the 172nd meeting of the OPEC Conference, at OPEC headquarters in Vienna, Austria, on May 25, 2017.

    OPEC announced it would extend cuts in oil output by nine months to March 2018 on Thursday, OPEC delegates said according to a Reuters report.

  • *Moscow aims to resettle 1 mln residents over 15 years. MOSCOW, May 25- Russian developers who had hoped to be able to co-invest in Moscow's planned $50 billion program to resettle almost a million residents will only be involved as contractors, the city's deputy mayor told Reuters. Sales fell by as much as 30 percent in 2015 and although the market started to...

  • *EU, U.S. not seeing eye-to-eye on Russia, EU says. BRUSSELS, May 25- A smiling Donald Trump offered European Union chiefs assurances on security in Brussels on Thursday but EU officials did not conceal lingering differences with the U.S. president over Russia, trade and climate change. "action plan" on trade-- an indication the new occupant of the White House is not as...