– Russia’s oil and gas condensate output rose in February to 11.06 million barrels per day (bpd), according to Reuters calculations based on an Interfax report on Wednesday, while trading…
– Credit rating agency Scope cut Russia’s sovereign debt ratings to BB+ on Tuesday and placed them under review for further downgrade, citing “severe strengthening” of the sanctions imposed on…
– Exxon Mobil Corp said on Tuesday it is starting a process to discontinue operations and developing steps to exit the Sakhalin-1 venture in Russia. The company said it would…
MOSCOW – Deals with securities or real estate, or provision of rouble loans involving entities from countries unfriendly to Russia will require special authorisation from March 2, the Kremlin said…
LONDON – Credit rating agency Moody’s warned on Tuesday that Russia’s move to ban the servicing of newly-issued foreign-currency debt in the wake of stiff Western sanctions had added to…
MOSCOW – Russian energy giant Gazprom said on Tuesday that natural gas exports outside ex-Soviet Union countries fell by 32.6% year-on-year in January – February to 23.2 billion cubic metres…
Russian President Vladimir Putin announced Sunday that Russian nuclear forces would be placed on high alert in response to Western economic sanctions, marking an escalation of tensions between Russia and…
LONDON – Havoc erupted on Russian financial markets on Monday after Western powers ramped up sanctions on the country, including cutting some of its banks off from the SWIFT international…
By Tuvan Gumrukcu and Jonathan Spicer ANKARA – Turkey’s pledge to block some Russian warships from passing through its waters to the Black Sea during the Ukraine crisis could help…
– The European Union has imposed several packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”, with some measures the bloc has never applied…
MOSCOW – Daimler Truck has suspended all cooperation with Russia’s largest truckmaker Kamaz, Germany’s Handelsblatt daily reported on Monday, in the face of severe criticism following Russia’s invasion of Ukraine.…
MOSCOW – Russia’s No. 2 lender VTB will hike mortgage rates by four percentgae points to 15.3% from Feb. 28, it said on Sunday, with harsh new Western sanctions forcing…
-Ukraine wants only “real” negotiations with Russia over its military offensive, without ultimatums, an adviser to President Volodymyr Zelenskiy told Reuters on Sunday, calling Moscow’s decision to send a delegation…
– The European Union has imposed two packages of sanctions on Russia for launching an “unprecedented and unprovoked military attack against Ukraine”. Further sanctions, including the suspension of Russia’s access…
– Ukrainian President Volodymyr Zelenskiy said on Saturday Italian Prime Minister Mario Draghi had supported Russia’s disconnection from the global SWIFT payment system in a phone conversation with him. “This…
VILNIUS – Western partners are moving closer to halting Russia’s access to the SWIFT global interbank payments system, Lithuanian Prime Minister Ingrida Simonyte said on Saturday. “Our goal is that…
– Rating agency S&P said on Friday it lowered Russia’s long-term foreign currency sovereign credit ratings to ‘BB+/B’ from ‘BBB-/A-3’ and local currency ratings to ‘BBB-/A-3’ from ‘BBB/A-2’. The sanctions…
– Canada is imposing sanctions on Russian President Vladimir Putin and Foreign Minister Sergei Lavrov, Prime Minister Justin Trudeau said on Friday. Canada will also levy additional sanctions on Belarus…
WASHINGTON – Chinese Foreign Minister Wang Yi told senior European officials on Friday that China respects countries’ sovereignty, including Ukraine’s, but that Russia’s concerns about NATO’s eastward expansion should be…
Russian cyberwarfare capabilities unleashed during the invasion of Ukraine have been seen as a part of information warfare. Multiple agencies, including the GRU, SVR and FSB maintain units capable of…
PARIS – The secretary-general of the Organisation for Economic Co-operation & Development (OECD) said on Friday the OECD had decided to end Russia’s process of acceding to the OECD, following…
– U.S. carrier Delta Air Lines Inc said on Friday it had suspended its codesharing service with Russia’s Aeroflot. (Reporting by Abhijith Ganapavaram in Bengaluru; Editing by Aditya Soni)
LONDON – Russia’s invasion of Ukraine could cause a spate of credit rating downgrades S&P Global said on Friday, warning the global economy, and Europe especially, now faced a starkly…
– Investors rushed for the safety of global money market funds while ditching equities for a second week in the seven days to Feb. 23 as risk aversion dominated markets…
– Russia’s invasion of Ukraine presents a “substantial risk” to the recovery of global light-vehicle sales this year, auto industry consultants J.D. Power and LMC Automotive said in a joint…