Italian refiner Saras (SRS.MI) and Russian energy giant Rosneft (ROSN.MM) have called off plans to set up a trading joint venture, Saras Managing Director Dario Scaffardi said on Tuesday.
Tags: Russia
Russia to adopt tough position if Ukraine defaults: PM Medvedev
Russia would adopt a tough position if Ukraine decided not to pay off debts owed to Moscow by its previous government, Russian Prime Minister Dmitry Medvedev said in an interview broadcast by Russian TV on Saturday.
Russia, Ukraine, EU say trade deal talks were 'constructive'
Russia avoided further diplomatic confrontation with Ukraine and the European Union at three-way trade talks on Monday and did not renew previous demands for Kiev's duty-free deal with the bloc to be put on hold.
Russia wants 1.163 billion euros from France for ending Mistral deal: source
Russia wants 1.163 billion euros ($1.32 billion) from France in compensation for cancelling a contract to deliver two Mistral helicopter carriers, a Russian source close to the negotiations said on Friday.
Vimpelcom, Hutchison in talks on Italian mobile deal
Russian telecoms group Vimpelcom (VIP.O) is in talks with Asia's Hutchison Whampoa (0013.HK) about merging their mobile phone businesses in Italy as a joint venture, Vimpelcom Chief Executive Jean-Yves Charlier said on Wednesday.
Latest News
No decision has yet been taken on the future of France's suspended contract to deliver Mistral helicopter carriers to Russia, French President Francois Hollande said on Friday after meeting Russian President Vladimir Putin.
Russian President Vladimir Putin on Monday paved the way for long-overdue missile system deliveries to Iran and Moscow started an oil-for-goods swap with Tehran, showing the Kremlin's determination to boost economic ties with the Islamic Republic.
Germany's BDI industry association is more optimistic about the prospects for Europe's biggest economy than it was three months ago due to cheap oil, strong private consumption and a weak euro, its president said on Sunday.
German industrial group Siemens has seen sales in Russia plunge by about half due to the country's economic demise, Bild am Sonntag reported, citing chief executive Joe Kaeser.
Ukraine's Naftogaz [NAFTO.UL] Chief Executive Andriy Kobolev will seek rapid progress on a deal to secure gas from Russia for the next 12 months in talks brokered by the European Commission in Berlin next week.
Euro zone partners set Greece a deadline of six working days to improve proposed economic reforms in time for finance ministers to consider some emergency funding to keep the country afloat after it makes a repayment to the IMF on Thursday.
Russian President Vladimir Putin and Greek Prime Minister Alexis Tsipras plan to discuss economic ties and the European Union's sanctions against Moscow when they meet for talks next week, a Kremlin spokesman said on Friday.
Russia faces a protracted recession as the impact of Western sanctions lingers and oil prices stay low, the World Bank said in a report published on Wednesday.
British toy store Hamleys opened its largest shop in the world on Tuesday in central Moscow despite an economic downturn in Russia that is forcing buyers to cut back on spending.
