Search Results for: Vladimir Putin
European Stocks Decline as Investors Weigh Earnings
July 21st, 2014
European stocks declined as investors weighed earnings reports and international tensions after the downing of a passenger jet in Ukraine and Israel’s offensive in Gaza. U.S. index futures were little changed, while Asian shares climbed. Aveva Group Plc and ...
European Stocks Drop for a Second Day on Ukraine Conflict
July 18th, 2014
European stocks fell for a second day, paring a weekly advance, amid concern that conflict between Ukraine and Russia is deepening. U.S. index futures were little changed, while Asian shares declined. Air France-KLM and Deutsche Lufthansa AG dropped at ...
New sanctions cause Russian shares and rouble to tumble
July 17th, 2014
The United States imposed its toughest sanctions yet on Moscow on Wednesday, and Russian stocks and the rouble tumbled on Thursday. Safe-haven assets such as gold, yen and German bonds rose. The rouble-traded MICEX stock market dropped 2.5 percent ...
EU Readies Russia Sanctions Amid U.S. Pressure on Ukraine
July 16th, 2014
European Union leaders may impose their first sanctions today against Russian companies that are helping undermine Ukraine as the U.S. urges the bloc to take a tougher stance against Moscow. EU leaders may also agree at a summit tonight ...
Stagflation for HSBC Means Russian Ruble Seen Weakening
July 9th, 2014
The weakest pace of economic growth in five years combined with the fastest inflation (RUCPIYOY) in three are prompting the most-accurate ruble forecaster to predict steeper declines for the currency. The ruble will fall 9.2 percent to 37.50 by ...
Rosneft towards new projects in strategic shift
July 7th, 2014
Rosneft will shift its focus from acquisitions to new projects after a period of aggressive dealmaking that has transformed the Russian energy industry, as the country’s economy is hit by US and European sanctions. The move marks a significant ...
Ukraine crisis: Kiev faces halt to gas supply
June 16th, 2014
Gazprom has reaffirmed its Monday deadline for Ukraine to pay its debts after talks between Moscow and Kiev ended without agreement. The Russian gas giant said it will cut Ukraine’s supply if Kiev fails to pay $1.95bn (£1.15bn) by ...
Will Russia’s friendship with China work?
June 6th, 2014
When Russian President Vladimir Putin and his Chinese counterpart Xi Jinping signed a huge gas deal last month, the timing couldn’t have been better. It was on the eve of the Putin’s St Petersburg Forum, and just weeks after ...
Russia-China Gas Pact Stirs Dream of Bridge Across Amur
June 6th, 2014
In winter, Russian shoppers drive cars across the frozen Amur River to buy knock-off Nike sneakers from Wu Haiou’s stall in the Chinese city of Heihe. In warmer months, they come by hovercraft and ferry. Russia’s $400 billion deal ...
Japanese Lawmakers to Lobby Abe for Russian Gas Pipeline
May 28th, 2014
Japanese lawmakers are reviving efforts for a 600 billion yen ($5.9 billion) natural gas pipeline from Russia, which last week signed a supply deal with China, to cut energy costs after the Fukushima nuclear disaster. A group of 33 ...