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Russian lender VTB is looking at de-listing in London and moving to Chinese stock markets, because international sanctions are squeezing its business. The bank listed in London in 2007, seeking the global capital markets focused in the UK. But pro-Russia separatists’ seizure of Crimea and fighting in Ukraine have led to sanctions on people close [...]
Russia has agreed to resume supplies of natural gas supplies to Ukraine until March 2015 following months of negotiations brokered by the European Union. The deal will also include EU funds to assist Ukraine in paying off its debts to Russian energy giant Gazprom so gas will be delivered to the war-torn country in time [...]
Something truly terrible happened in Hamelin, Germany in the early Middle Ages, something so dire it has become embedded in western consciousness as the fairy tale “The Pied Piper.” Whether the town experienced a severe case of the Black Death, a rush of emigration to Eastern Europe, suffered through the Children’s Crusade, or was the [...]
Fund supermarket Hargreaves Lansdown was hit by turmoil in the geopolitical arena last quarter, as the fear stalking stock markets dragged down performance. The FTSE 100 giant, based in Bristol, said concerns over the Scottish referendum, conflict between Ukraine and Russia, unrest in the Middle East and poor data from the Eurozone had made customers [...]
Russia is pulling troops away from the Ukrainian border, ahead of president Vladimir Putin’s meeting with Petro Poroshenko. 17,600 soldiers stationed in the Rostov region have been ordered to return to their bases. According to Russian news agency RIA Novosti, the troops’ training exercises have now come to an end. A ceasefire [...]
UKRAINE’S government could begin to default on its debts if Russia calls in a $3bn (£1.86bn) loan made to the troubled state late last year, analysts at Moody’s warned yesterday. The state’s debt to GDP ratio is set to rise above 60 per cent this year, breeching the terms of the Russian loan and thus [...]
Russian president Vladimir Putin has warned Ukraine that its access to Russian markets could be hampered if it goes ahead with a planned trade agreement with the EU. Putin said in a letter to Ukrainian president Petro Poroshenko that any change to legislation to prepare for the deal would be met with retaliation from Russia. [...]
The Ukrainian president Petro Poroshenko has called upon the US to provide his country with military assistance as it attempts to combat pro-Russian separatist forces. Poroshenko described Ukraine as being at the “forefront of the fight against terrorism”. President Barack Obama has condemned Russia’s involvement in the conflict, but has so far limited [...]
The rouble rose 0.22 per cent against the dollar and 0.14 per cent against the Euro at pixel time after Ukrainian president Petro Poroshenko announced his government had reached a ceasefire agreement with pro-Russian rebels this afternoon. Earlier in the day, investors had piled into Russian stocks on rumours of an end to fighting, with [...]
Sanctions and conflicts are causing problems for the airline industry – and with some areas off limits, investors were watching to see how EasyJet's latest passenger figures would stand up. Very nicely indeed, it turns out. In a statement posted this morning, the airline said passenger numbers rose 510,731 on the same month last year, [...]
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