Weather New York, NY +68°F

Vladimir Putin

Rosneft

Rosneft struggles to grow as sanctions hit Russia's oil champion

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.

Read Full Article
Viktor Yanukovich and Vladimir Putin

EU slaps new sanctions on Russia, may suspend them if ceasefire holds

The European Union slapped new economic sanctions on Russia on Friday, but said they could be suspended if Moscow withdraws its troops from Ukraine and observes a ceasefire.

Read Full Article
Shown here are the stock prices in Japan

Asian shares hold near 7-year high on Ukraine, ECB hopes

Asian shares steadied near seven-year highs on Thursday, underpinned by hopes of a ceasefire in Ukraine, although a cautious mood prevailed for now ahead of a European Central Bank meeting later in the session.

Read Full Article
Petro Poroshenko

Ukraine ceasefire hopes push stocks, rouble higher

World markets jumped on Wednesday as Ukraine's President Petro Poroshenko said a ceasefire had been reached with Russia, raising hopes that a recent escalation in the conflict could be reversed.

Read Full Article
Petro Poroshenko

EU reaches preliminary deal on Russia economic sanctions

European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.

Read Full Article
crash site of flight MH17 in eastern Ukraine

Fighting flares in Ukraine as crash investigators arrive

Fighting flared in the eastern Ukrainian city of Donetsk on Monday as investigators began to inspect the bodies of victims of the downing of Malaysia Airlines flight MH17 last week.

Read Full Article
Viktor Yanukovich and Vladimir Putin

Russia extends $15B bailout package to Ukraine

The state of Russia under President Vladimir Putin agreed to acquire $15 billion worth of Ukrainian Eurobonds to help the beleaguered country of Ukraine out of a potential currency crisis, according to a Reuters report.

Read Full Article
Central bank of Russia

Central bank of Russia shuts down Investbank, two more in criminal activity crackdown

Investbank, Smolenksy and Project Finance Bank had been stripped off of their operating licenses due to dubious activity and payment issues with creditors and depositors, the Russian central bank said in separate statements on Friday.

Read Full Article
Vladimir Putin

Economic woes in Russia are home-grown - Putin

At his annual speech at the Kremlin, President Vladimir Putin acknowledged that actions to improve Russia's business climate should be done immediately after finally conceding that the state's economic problems were grown at home.

Read Full Article
Russian Prime Minister Vladimir Putin

Russia's USD48 billion bet on Winter Olympics sees Putin sparring with rich elite

Rumors of coercion by the Russian government and President Vladimir Putin on local wealthy industrialists had been shut down by Deputy Prime Minister Dmitry Kozak, who said the moguls enjoyed good deals out of their investor participation for the 2014 Winter Olympics.

Read Full Article
Gazprom

Gazprom expands media business with Profmedia acquisition

Despite investor criticism it received for paying more investment attention on its non-core division, Gazprom announced on Tuesday in a joint statement that it had acquired Profmedia from metals tycoon Vladimir Potanin.

Read Full Article
Vladimir Putin

Putin freezes prices in state companies to revive economy, may earn ire from allies

Allies of Russian President Vladimir Putin will reportedly get upset about the Russian state chief's latest economic policy to freeze prices starting next year, Bloomberg said in its report.

Read Full Article
Vladimir Putin

Master Bank with Putin ties gets license revoked by Russian central bank

The shutdown of Russian bank Master Bank was the central bank's most high-profile move yet under the leadership of Russia's first female governor Elvira Nabiullina.

Read Full Article
Sberbank CEO Herman Gref

OAO Sberbank undergoes structural changes to improve

OAO Sberbank, under the leadership of CEO Herman Gref, had undergone layoffs as well as transitions to become one of the top banks in Europe, with interests in Eastern Europe and Turkey.

Read Full Article
Vladimir Putin

US-Russia showdown on Syrian crisis may overshadow G20 economic talks

In an The Group of Twenty Finance Ministers and Central Bank Governors's (G20), attendees would be seeing a show of power and influence between US President Barack Obama and Russian President Vladimir Putin arguing on how to act on the crisis in Syria.

Read Full Article
1 2 3 4 5 6

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics