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Oil remains below $ 47 per barrel
28.Jun.17 8:39 AM | 3

Oil fell to below $ 47 a barrel on Wednesday after an industry report stated that U.S. inventories increased, reviving fears that the three-year excess supply is still far from complete.

OPEC will not seek to further reduce oil production
28.Jun.17 6:32 AM | 24

OPEC will not seek to further reduce oil production or cessation of exemption of certain countries from limiting production volumes, said OPEC delegates, though in the next month at a meeting in Russia, probably, will consider further steps to support the market.

Volvo and Autoliv unite with Nvidia for self-driving cars
28.Jun.17 3:51 AM | 31

Volvo Cars and Swedish car safety supplier Autoliv have signed a deal with U.S. firm Nvidia Corp., best known for its graphics technology in computer games, to develop software systems for self-driving cars.

Google fined 2.42 billion euros
28.Jun.17 2:25 AM | 12

The corporation was accused of abusing a dominant position.

Poland will buy coal in Russia
28.Jun.17 2:05 AM | 35

Russian coal was more environmentally friendly.

Oil falls; rising U.S. inventories limit the growth
27.Jun.17 6:40 AM | 29

Oil prices rose on Monday in quiet trade after prices declined last week and reached seven-month lows, but gains were limited by increasing crude oil supply in the United States and other countries.

U.S. activist puts pressure on Nestle
27.Jun.17 3:00 AM | 34

Nestle is under pressure from U.S. activist shareholder Third Point, which has taken a $3.5 billion share in the food maker and is pushing Europe's largest company to improve profit, buy back shares and get rid of not profile businesses.

Essar Oil's creditors approve $12.9 billion Rosneft takeover
26.Jun.17 5:33 AM | 42

Creditor banks to India's Essar Oil approved the purchase of the company by a group including Russia's Rosneft, removing a key barrier  to the $12.9 billion deal that has been in the works for two years.

Russia increased wheat exports to Turkey after solving trade problems
24.Jun.17 5:31 AM | 38

Russia is signing new contracts for the supply of wheat to Turkey without any premiums to the price after resolving the problems in trade between the two countries, analysts and traders said.

AFK Sistema proposed Rosneft to settle the dispute out of court
23.Jun.17 2:15 AM | 62

AFK Sistema proposed Rosneft to settle the dispute, within which the oil company requires more than 170 billion rubles from the holding of Vladimir Yevtushenkov, the official spokesman for the System said.

Ruble growth reached 1% due to taxes and the rotation of oil in plus
23.Jun.17 2:12 AM | 46

The ruble accelerated the growth in the daily trading on Thursday thanks to the reversal of oil to plus, which increased the positive effect of currency sales for large taxes next week.

Putin instructed Rosneft to send 50% of profits on dividends
22.Jun.17 3:03 AM | 67

President Vladimir Putin instructed the head of Rosneft Igor Sechin to return to the payment of dividends in the amount of 50 percent of the profits. Rosneft says it is about payments for 2017 and future dividend policy.

Daimler presented the Mercedes-Benz plant in Russia
22.Jun.17 2:58 AM | 70

Germany's Daimler began construction of a new Mercedes-Benz plant near Moscow on Tuesday, following through on the first new investment by a major foreign automaker in Russia since Western sanctions were entered three years ago.

Iran expects to sign big gas deal in next two weeks
21.Jun.17 2:29 AM | 68

Iran and Frances Total SA expect to sign a contract to develop part of the worlds biggest natural gas field in the next few weeks. It would be the Persian Gulf countrys first investment by an international energy company since sanctions were eased last year.

The sanctions of the West can destroy Russia's hopes for rating upgrade
21.Jun.17 2:26 AM | 49

New Western sanctions against Russia could be an obstacle to the return of the investment grade rating, said a leading analyst on S&P Global's sovereign ratings on Tuesday.

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