Russia could start offering more competitive prices to Chinese and Indian buyers as European and other customers spurn Russia because of sanctions, traders said
The country is expected to register a growth rate of 8.9 per cent in the current fiscal ending March 31
Ukraine's Foreign Minister Dmytro Kuleba met Russia's Sergei Lavrov in Turkey, but said he had secured no promise from him to halt firing so aid could reach civilians
Asian markets surged while Europe opened lower Thursday after oil prices recovered some of a decline the day before that had eased inflation fears. Futures for Wall Street's benchmark S&P 500 index and the Dow Jones Industrial Average were down 0.4per cent as Russian attacks on Ukraine intensified two weeks as fighting entered its third week. Markets rallied Wednesday after oil plunged, but economists warned that was due to changes in futures contracts and other factors, not war developments. On Thursday, prices rebounded by nearly USD6 per barrel in London and nearly USD4 in New York. Forecasters warned markets will stay volatile, as the Russian and Ukrainian foreign ministers were meeting in Turkey for negotiations. Markets seem to have latched onto a couple of slightly less dismal clues as an excuse to rally hard, said ING economists in a report. The basis for that optimism it's actually pretty thin. In early trading, the FTSE 100 in London lost 0.6per cent to 7,146.60 and ..
Foreign ministers from Russia and Ukraine will meet in Turkey on Thursday in the first high-level talks between the two countries since Moscow invaded its neighbour
Abramovich said last week he was trying to sell Chelsea as the threat of sanctions loomed
Additionally, the company will no longer be accepting new Russia or Belarus-based customers for its AWS cloud computing services
Uncertainty over where and when supply will come from to replace crude from the world's second-largest exporter Russia in a tight market has led to wide-ranging forecasts for oil prices
Imposing a no-fly zone over Ukraine would help bring the conflict there to a faster conclusion and save lives, Polish ambassador said, as Russia continued a relentless bombardment of several cities
Russian firms have encountered problems in securing financing for April contracts to sell crude and oil products, but the situation can be resolved, Deputy Prime Minister Alexander Novak said
Sergei Chemezov, a close ally of President Putin, said that the military operation in Ukraine had prevented an attack on Russia, which would emerge victorious from the sanctions imposed by the West
Amazon has suspended shipment of retail products to customers based in Russia and Belarus, and will no longer provide customers with access to its streaming service Prime Video in Russia
House overwhelmingly approved legislation Wednesday night that would ban Russian oil imports to the US, an effort to put into law the restrictions announced by Biden in response to the Ukraine war
Rio Tinto on Thursday became the latest corporation to cut ties with Moscow saying it was ending all commercial relations with Russian businesses
Influential proxy advisory firm Institutional Shareholder Services (ISS) has advised against Toshiba Corp's break-up plan to be put to a vote on March 24, the Nikkei business daily reported
Asian shares surged on Thursday, tracking Wall Street's gains as planned diplomatic talks between Russia-Ukraine buoyed sentiment, but analysts warned the rally could be susceptible to sharp reversal
Nestle, Philip Morris and videogame maker Sony joined the list of multinationals stepping back from Russia on Wednesday as pressure mounts from consumers in West to take stand against Ukraine invasion
Global stock markets rallied on Wednesday and oil prices fell by more than 12% as Ukraine and Russia looked to resume diplomatic talks and UAE supports hiking oil output to ease chaos in energy market
The General Staff of the Armed Forces of Ukraine said on Thursday that Russia is not abandoning its plans to surround Kiev as Moscow's military invasion continued for the 15th day.
The International Monetary Funds has approved USD 1.4 billion in emergency financing for Ukraine amid the ongoing war with Russia, the fund said in a statement