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Russia signs $3bn arms deals with India[2012-12-24 19:17:35]
Russia will sell India military helicopters and military equipment worth about $3bn under a new agreement as bilateral trade might double to...
Genetically modified ‘frankenfish’ to appear in US stores[2012-12-23 08:21:05]
Regulators with the FDA have released a preliminary report that suggests they will soon give the go-ahead to a team of scientists...
AFP Photo/Emmanuel Dunand[2012-12-19 10:40:11]
Amid the continuing downward economic spiral, Standard & Poor's ratings agency has upgraded Greece’s credit grade to a B-, the highest since...
Ernst&Young halves Russia's capital outflow figures to $40 bn[2012-12-17 23:50:34]
2011 figures on capital outflow from Russia are not as grave as $80 billion. In reality the country lost not more than...
Rosneft negotiates pre-sale of oil to partly pay for TNK-BP[2012-12-17 23:49:05]
Rosneft is faced with raising $45bn to finance Russia’s largest deal to buy TNK-BP and is now looking to raise part of...
Gazprom wants special case for its pipelines from EU energy package[2012-12-17 19:47:21]
Gazprom wants its two major projects – South Stream and Nord Stream – to be granted exceptions from the EU third energy...
Market Buzz: No 'Santa Claus rally' over slow US response to budget concerns[2012-12-17 09:06:38]
Russian markets are expected to closely follow the stalled budget talks in the US, which have so far restrained markets from their...
Gazprom named Russia's most notorious company[2012-12-15 14:09:13]
Gazprom has earned the status of Russia’s most controversial company because it is a major shareholder in the contentious Nord Stream pipeline,...
S&P puts UK’s high investment rating on negative watch[2012-12-15 14:07:39]
The Standard & Poor's rating agency has threatened to cut Britain’s gold-plated triple AAA status over concerns of weaker than expected economic...
EU agrees on ECB watchdog for eurozone banks[2012-12-13 22:36:06]
Finance Ministers from the European Union's 27 countries agreed to appoint the ECB the single regulator for the biggest banks in the...
German police raids Deutsche Bank offices in tax fraud probe[2012-12-12 20:56:56]
Police has searched several offices of Germany’s biggest bank, Deutsche Bank AG, in connection with a carbon credit tax evasion case. The...
Rosneft and Lukoil go for Norwegian shelf[2012-12-11 22:20:52]
Russian oil majors Rosneft and Lukoil have applied for the right to develop subsoil oil in the Norwegian continental shelf.
Along with Rosneft...
Brent New Day: US dump WTI as crude oil benchmark[2012-12-10 22:23:32]
The US Energy Agency has adopted North Sea Brent crude as its benchmark for oil forecasts, abandoning its domestic West Texas Intermediate...
The revised data means[2012-12-10 22:22:28]
Google reportedly avoided another $2 billion in taxes thanks to outsourced banking, which has already dubbed "immoral" and an "embarrassment" in media...
Japan slips into technical recession[2012-12-10 22:21:06]
Japan's economy is technically in recession after it contracted for two straight quarters, according to fresh data released by the authorities.
Japanese April-Jun...
German security personnel strike hits airports nationwide[2012-12-10 21:59:15]
Thousands of passengers were affected by a short-notice strike at ten airports across Germany, as 1,000 security staff demand better working conditions....
Bundesbank slashes Germany’s forecast for 2013[2012-12-09 12:37:24]
Debt crisis in Europe is denting Germany’s prospects as the country’s central bank, the Bundesbank, has significantly cut its 2013 growth forecast...
Rosneft and ExxonMobil team up to tap tight oil in Siberia[2012-12-08 13:05:30]
Russia’s state-owned oil major Rosneft and US ExxonMobil have agreed on joint exploration of tight oil in the hard-to-reach fields of Western...
Gazprom and partners kick off construction of South Stream pipeline[2012-12-08 13:02:48]
Russia’s state-owned gas major Gazprom and its partners are beginning construction of the $16bn South Stream pipeline that will run under the...
Breaking ice: Gazprom’s LNG tanker opens first Arctic sea route[2012-12-05 21:52:20]
The tanker Ob River carrying natural gas has successfully completed a trip through the Arctic Ocean from Norway to Japan, becoming the...
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