City Moscow, Ukraine Financial News

08.11 / 22:25

European Union CLIMATE CRISIS Watch: Ukrainian forces continues to inch closer to Kherson

Russia-backed authorities in the Kherson region of southern Ukraine are likely beginning a new phase of evacuations from the city, according to the US-based Institute for the Study of War.

01.04 / 04:39

markets UPS Trade President War Cycling Trump’s Russian oil threat pushes India to seek alternatives

Donald Trump’s threat of more penalties against Russia raised concerns over potential disruptions to oil flows. State-owned Bharat Petroleum Corp. and Hindustan Petroleum Corp. are seeking additional supplies for May arrival from regions such as the Middle East, North Sea and Mediterranean, said people familiar with the matter. The trading cycle for barrels delivered next month is typically concluded in early March. On Sunday, Trump raised the prospect of so-called secondary tariffs on buyers of Russian oil if President Vladimir Putin refused a ceasefire with Ukraine. The comments drove benchmark futures higher, with West Texas Intermediate surging 3.1% on Monday, the biggest gain in almost 11 weeks.

10.11 / 16:41

markets Continental President Experts country Interviews Russian President Vladimir Putin promises Africa 'total support' in anti-West pitch to continent

Russia is seeking to woo African countries this weekend at a summit in the Black Sea resort of Sochi, with President Vladimir Putin promising the continent «total support». Facing isolation in the West following its full-scale offensive against Ukraine, Moscow has tried to build new partnerships across Asia, Africa and the Middle East, promoting itself as a bulwark against what it calls Western domination on the international arena. «Our country will continue to provide total support to our African friends in different sectors,» Putin said in a speech read out by Foreign Minister Sergei Lavrov to other foreign ministers and senior officials.

26.07 / 14:19

COST Target Action economy Trade Russia's Central Bank hikes interest rate as inflation soars

Russia’s Central Bank has raised its key lending rate to the highest level in more than two years to stem soaring inflation in an overheated economy hit by Western sanctions in response to Moscow’s military action in Ukraine

12.07 / 13:57

UPS Progressive Fighting Bill President Russian lawmakers approve an increase in income taxes for the wealthy

Russia's parliament has approved a bill that would raise income taxes for the rich, in a move to help fill government coffers during the fighting in Ukraine

22.03 / 07:33

Citi Target Extreme Telegram War reports travelers Russian strike severs power line to Ukraine nuclear plant

Russian strike Friday severed one of two power lines supplying Europe's largest nuclear power plant in southeast Ukraine as Moscow launched a major assault on energy infrastructure. «The enemy is now carrying out the largest attack on the Ukrainian energy industry in recent times,» Energy Minister German Galushchenko said on Facebook, adding that shelling had knocked out «one of the power transmission lines feeding» the Zaporizhzhia power plant. The facility, Europe's largest nuclear energy site, was seized by Russian troops in the first days of the war but is powered by Ukrainian lines.

29.02 / 10:25

Racing security Election War Updates Relationships Vladimir Putin's address to Russia's parliament: Highlights on Ukraine war and military capabilities

Vladimir Putin delivered his annual state-of-the-nation address on Thursday to Russia's elite, updating them on the war in Ukraine, Moscow's nuclear capabilities, and its relationship with the West. The speech comes two weeks ahead of a presidential election in which Putin is expected to win another six-year term in a landslide. Here are highlights from his speech, which was delivered to members of both houses of parliament, state officials, military commanders and soldiers.

14.11 / 15:57

Citizens Google Fighting Apple country Inside information Russian court fines Google for failing to store personal data on its users

A Moscow court has fined Google for failing to store personal data on its Russian users, the latest in a series of fines on the U.S. tech giant amid tensions with the West over the fighting in Ukraine

02.09 / 20:29

Target Russia claims to destroy 3 Ukrainian drones targeting Crimea bridge: Report

Russia, Iran can't attend Nobel Prize event this year; invitation revoked after flak Meanwhile, a defrocked Russian priest who spoke out against Moscow's offensive in Ukraine was jailed for three years on Thursday, following a court found him guilty of spreading 'fake news' about the army. Ioann Kurmoyarov -- ran a YouTube channel called the 'Orthodox Virtual Parish' -- was charged after allegedly posting 'several videos with false information about the use of the Russian army'.

15.08 / 05:15

COST UPS Lowe's Enterprise country Ruble Russia's ruble hits its lowest level since early in the war. The central bank plans to step in

The Russian ruble has reached its lowest value since the early weeks of the war in Ukraine as Moscow increases military spending and Western sanctions weigh on its energy exports

06.08 / 17:13

UPS Waves Target Southern Shell country Centre Ukraine says blood transfusion centre hit in Russian attacks; Crimea bridges hit

By Pavel Polityuk

03.08 / 17:21

Action Apple information Russia fines Wikipedia and Apple for spreading 'false information' about Ukraine conflict

A Russian court has imposed fines on Apple and the host of Wikipedia for failing to remove material deemed to be “false information” about Russia’s military actions in Ukraine

27.07 / 04:27

UPS Man Citizens Manufacturing track Prison Russian court sentences man to 22 years in prison for railway attack

A military court in Moscow has sentenced a dual Russian-Ukrainian citizen to 22 years in a penal colony for blowing up a railroad track last summer allegedly at the behest of Ukraine

23.07 / 18:11

UPS Aware ExxonMobil dividend OVL’s wait for dividend from Sakhalin-1 oil field lengthens

New Delhi: With state-run ONGC Videsh Ltd (OVL) yet to get equity rights for its shares in Russian energy project Sakhalin-1, the overseas arm of Oil and Natural Gas Corp. has not received any dividend payments, two people aware of the development said. The project is India’s most lucrative energy equity investment overseas and has been a significant source of returns for ONGC since its acquisition in 2001.

21.07 / 18:29

Aware ExxonMobil rights Without Sakhalin-1 stake’ equity rights, OVL losing out on dividends

New Delhi: With state run ONGC Videsh Ltd (OVL) yet to get the equity rights for its shares in Sakhalin-1, the overseas arm of Oil and Natural Gas Corporation (ONGC) has not received any dividend payments, said two people aware of the development. The issue of India’s most lucrative energy equity buy overseas has been raised with Rosneft and at various levels in the Russian government but is yet to be resolved. The stake sale was purchased ONGC’s subsidiary for $331 million in 2001 that has yielded manifold returns.

15.07 / 22:53

Citi Reuters Telegram Fighting Southern Shell Ukraine, Russia accuse each other of shelling civilians in Zaporizhzhia

(Reuters) — Three civilians were wounded in Russian shelling of a village in Zaporizhzhia, the head of Ukraine's presidential administration said on Saturday, while Moscow-backed officials said that Kyiv's forces shelled a school there.

09.11 / 18:57

Technology Twitter Migrants Ukraine war: Moscow-installed deputy governor of Kherson died in 'car crash'

The Moscow-installed senior official of the occupied region of Kherson in Ukraine, Kirill Stremousov, died on Wednesday, according to Russian media and the regional governor.

27.09 / 08:39

Europe's energy crisis Russia admits mobilsiation decree 'violated' with some men called-up in error

Russia's military mobilisation decree has been "violated" with some men called up in error, the Kremlin has admitted.

21.09 / 09:21

Climate change Man set himself on fire amid outcry over Shinzo Abe's state funeral plans

A man set himself on fire near the Japanese prime minister's office in Tokyo early Wednesday in a sign of protest against the state funeral for former leader Shinzo Abe.

29.07 / 14:09

Energy European economy Russian missile strike on Mykolaiv kills at least five, injures seven

At least five people were killed and seven wounded in a Russian strike that hit a bus stop in the southeastern Ukrainian city of Mykolayiv, the regional governor said on Friday.

27.07 / 14:35

Fighting U.S., Europe Dig In for Long Economic Standoff With Russia

Western governments are bracing for a protracted economic confrontation with Russia over its invasion of Ukraine, as Moscow fights back against international sanctions by disrupting energy and food supplies.

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