Search Results for: Russian President Vladimir Putin
Russia: Court Rules Against Tycoon
October 31st, 2014
A Moscow court on Thursday ruled in favor of nationalizing a Russian billionaire’s majority stake in the oil producer Bashneft, one of the country’s largest private oil companies. Prosecutors last month placed the billionaire, Vladimir P.Yevtushenkov, the head of ...
Russia’s Rosneft takes EU to court over sanctions
October 20th, 2014
Russian oil giant Rosneft and a close associate of President Vladimir Putin are fighting the EU in court over sanctions imposed on some of Russia’s biggest companies, an official website indicated Friday. A Russian billionaire, Arkady Rotenberg, who is ...
Fall in Oil Prices Poses a Problem for Russia, Iraq and Others
October 16th, 2014
From Moscow to Caracas, Riyadh to Baghdad, in Tehran, Algiers, Kuwait City and Lagos, officials are confronting the plunge in prices — roughly 25 percent since a peak in June. A steep decline in oil prices is straining the ...
Ruble Risks Betrayal at Home in Nation’s Rush for Dollars
October 13th, 2014
More Russians are beginning to keep their cash in dollars and euros as the ruble tumbles to records amid central bank efforts to maintain control over the pace of the decline. The number of people with foreign-currency holdings rose ...
Rosneft struggles to grow as sanctions hit Russia’s oil champion
September 9th, 2014
The Kremlin’s prized oil firm Rosneft is cutting staff and production and selling stakes in Siberian fields in the strongest evidence to date that Western sanctions are hurting what was the world’s fastest growing oil firm in recent years. ...
Stolen JPMorgan data rerouted to Russia
September 4th, 2014
Investigators working on the cyber attack at JPMorgan Chase & Co have found clues that a global network of computers available for hire was used to send the stolen data to a Russian city, Bloomberg reported, citing people familiar ...
Oil prices drop puts at risk Moscow’s Budget
August 21st, 2014
Oil and gas are at the heart of the Russian economy and are largely responsible for keeping Moscow’s government budget in balance. But the recent decline in the price of oil from the North Sea and Texas has now ...
Overview on shares and stocks
August 13th, 2014
Markets are called partially lower this morning as investors reflect on the geopolitical crisis in Ukraine, Iraq and Gaza. The FTSE is called flat at 6,633, the German Dax is seen down nine points at 9,172 and the French ...
Russia Bans All Food Imports From U.S., EU, Australia, Canada, Norway
August 8th, 2014
Russia banned most food imports from the West on Thursday in retaliation for sanctions over Ukraine, an unexpectedly sweeping move that will cost farmers in North America, Europe and Australia billions of dollars but will also likely lead to ...
Asian Equities Extend Six Year High
July 30th, 2014
Asian stocks rose for a fourth day, with the regional benchmark index extending a six-year high, before the Federal Reserve updates markets on monetary policy today and as the U.S. and European Union strengthened sanctions against Russia. Honda Motor ...
