Search Results for: Russia's
Russia enter India’s Oil market with a $13 billion deal
October 18th, 2016
The $13 billion sale of India’s Essar Oil to Russia’s Rosneft and other investors, gives Russia access to the most promising and fastest growing market. The deal also challenges Middle East producers who provide nearly two-thirds of India’s imported ...
Russia Suspends U.S. Auditor Deloitte
October 14th, 2016
U.S auditing company Deloitte has been sanctioned by Russia‘s Federal Treasury, the Kommersant newspaper reported Wednesday. The Russian Treasury suspended Deloitte and Touche CIS from Russia’s self-regulatory Auditing Chamber of Russia, preventing the company from taking part in tenders or entering into new contracts for ...
Oil price falls back from one-year highs, hit by OPEC deal concerns
October 11th, 2016
Oil fell back from one-year highs on Tuesday, knocked by concerns that a production cut by the world’s largest exporters might not be enough to erode a two-year old global surplus of unwanted crude oil. Oil prices jumped as ...
Crisis Hits Russian Banking With 15% Job Losses
October 6th, 2016
Fifteen percent of all Russian bank employees have lost their jobs since the start of the country’s economic crisis in 2014, new data has revealed. Figures from the state statistics agency Rosstat show that almost 120,000 people working in ...
Google could face large fine by EU over Android anti-competitive practices
October 3rd, 2016
EU wants to stop Google forcing smartphone manufacturers to pre-install Android OS. Google might face a “large fine” for anti-competitive practices by the European Union, which is considering stopping the company from paying smartphone manufacturers to pre-install its Search ...
The 7 most influential people in European finance
September 26th, 2016
Bloomberg released its list of the 50 most influential people in the world of finance. It is a comprehensive list of Wall Streeters, politicians, central bankers and business leaders who shape the way the global economy functions and help ...
World leaders ousted for legal reasons
September 1st, 2016
Brazil’s Dilma Rousseff became the latest political leader ousted for legal reasons after the Senate voted for her impeachment Wednesday. Rousseff joins a gallery of former leaders forced to stand down either through formal impeachment proceedings or forced to ...
Moscow Exchange Announces 2Q 2016 Results
August 9th, 2016
Moscow Exchange (MOEX) today announces its financial results under International Financial Reporting Standards (IFRS) for the second quarter 2016. Earnings growth was supported by an increase in fee and commission income from all trading markets across the Exchange’s diversified ...
Russia is set to replace Saudi Arabia as leading oil supplier to the Chinese market
August 8th, 2016
Russia is set to replace Saudi Arabia as leading oil supplier to the Chinese market; over the past year monthly exports to China from Russia’s Far East have regularly exceeded those from the Middle Eastern country. At the beginning ...
Brexit, the E.U. and the “Special Relationship” of the U.S./U.K.
June 30th, 2016
Any clique in the E.U. that thinks the U.S. will sit idly by while they “punish” the U.K. had better recalibrate their core interests and the potential for blowback. One constant in a fast-shifting global chess board is the ...
