FRANKFURT – Uniper, Germany’s largest importer of Russian gas, on Thursday said Russia delivered around 40% of contractually agreed gas volumes, in line with resumed supplies via the Nord Stream …
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By Nina Chestney LONDON – Europe is on edge about the restart of the Nord Stream 1 gas pipeline from Russia after annual maintenance is set to end on Thursday, …
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Financial News
Russian consumer prices dip again as cenbank rate meeting looms
by Reutersby ReutersMOSCOW – Consumer prices in Russia declined 0.17% in the week to July 15 after sliding 0.03% a week earlier, data showed on Wednesday, keeping the door open for the …
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By Kate Abnett BRUSSELS – The European Union will set out emergency plans on Wednesday to reduce gas demand within months, warning countries that without deep cuts now they could …
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WASHINGTON – A Russian natural gas embargo would cause deep recessions in Hungary, Slovakia, the Czech Republic and Italy unless countries can cooperate more to share alternative supplies, the International …
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By Francesco Guarascio BRUSSELS – The EU is set to add Russia’s top lender Sberbank and the head of giant zinc and copper firm UMMC to its list of individuals …
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Financial News
No word yet on new Russian company to operate Sakhalin-2 project, says Japan
by Reutersby ReutersTOKYO – The Japanese government has not yet received word that a new Russian company set to operate the oil and gas Sakhalin-2 project has been established, industry minister Koichi …
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Russian TV worker who protested war live on air briefly detained
by Reutersby Reuters(Reuters) – Russian media worker Marina Ovsyannikova, who staged a protest against the invasion of Ukraine on live state television in March, was briefly detained in Moscow on Sunday, posts …
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Financial News
Russian government OKs investing 50% of rainy-day fund in OFZ bonds
by Reutersby ReutersMOSCOW – The Russian government approved investing up to a half of its rainy-day National Wealth Fund (NWF) in Russian state bonds, a decree showed on Friday, months after foreign …
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Financial News
Russia to block sale of foreign banks’ Russian subsidiaries -Ifax cites finance ministry
by Reutersby Reuters(This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine.) MOSCOW – Russia will block the sale of foreign banks’ Russian subsidiaries while …
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MOSCOW – The Russian economy is now showing signs of stabilisation, the central bank’s head of monetary policy said on Tuesday, after taking a hit from unprecedented Western sanctions imposed …
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Ukrainian Officials Silent After Putin Expands Russian Citizenship To All Ukrainians
Ukrainian Officials Silent After Putin Expands Russian Citizenship To All Ukrainians Josh Hypes on July 11, 2022 Ukrainian officials were silent as Russian President Vladimir Putin expanded a fast-track citizenship …
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Financial News
No fries till autumn at some of McDonald’s Russian successor restaurants
by Reutersby ReutersMOSCOW – Excitement was on the menu when former McDonald’s restaurants reopened in Russia last month under new management and branding, but the successor to the golden-arched throne has a …
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Financial News
Jobs in Germany under threat if Russian gas taps stay off, trade union chief says
by Reutersby ReutersBERLIN – Millions of workers’ livelihoods in Germany are at stake if Russia decides to cut off gas supplies to the country in the long run, the head of the …
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The US Is Trying To Deport A Russian Political Dissident Back To Moscow
The US Is Trying To Deport A Russian Political Dissident Back To Moscow Micaela Burrow on July 10, 2022 Grigorii Duralev applied for asylum in the U.S. after becoming the …
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Ukrainian troops dig in at new front line in bid to stop Russian advance
by Reutersby ReutersBy Simon Lewis ON THE ROAD TO SIVERSK – As artillery fire booms nearby, Dmytro looks up and listens. “That’s ours,” notes the 28-year-old, deputy commander of his infantry unit, …
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MOSCOW – Russian technology company Astra Linux is planning to hold an initial public offering (IPO) on the Moscow Exchange, the Vedomosti daily reported late on Thursday, quoting CEO Ilya …
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‘We Also Have Something To Claim Back’: Top Russian Adviser Threatens To Reclaim Alaska Over U.S. Sanctions
‘We Also Have Something To Claim Back’: Top Russian Adviser Threatens To Reclaim Alaska Over U.S. Sanctions Josh Hypes on July 7, 2022 One of Vladmir Putin’s top advisers warned …
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Financial News
HSBC in talks to sell Russian lending business to Expobank -source
by Reutersby ReutersLONDON – HSBC is in advanced talks to sell its Russian corporate lending business to Expobank, a source with knowledge of the matter told Reuters, as many major banks exit …
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Financial News
Russian bank Tinkoff suspends outgoing FX SWIFT transfers until October
by Reutersby ReutersMOSCOW – Russian online bank Tinkoff on Wednesday said it was suspending outgoing SWIFT transfers in foreign currencies until Oct. 1 after admitting it had struggled with such transactions due …
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HELSINKI – Truck maker AB Volvo had begun laying off some of its Russian staff and to scale down operations, but has not made a decision to leave the country …
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LONDON -Britain said it would on Tuesday introduce new economic, trade and transport sanctions on Belarus over its support for Russia’s invasion of Ukraine, and also sanctioned six Russians it …
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MOSCOW – A parallel import mechanism that allows Russia to circumvent some supply restrictions is working, news agencies cited Industry and Trade Minister Denis Manturov as saying on Monday, as …
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MOSCOW – President Vladimir Putin has signed a decree to seize full control of Sakhalin-2 gas and oil project in Russia that could force out Shell and Japanese investors, Moscow’s …
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Financial News
Russian manufacturing holds steady in June, supported by domestic demand -PMI
by Reutersby ReutersMOSCOW – Russia’s manufacturing industry held steady in June, with a recovery in domestic demand softening the blow from a deepening export slump, a survey showed on Friday. The S&P …