Russia drops opposition to EU-Ukraine trade deal starting 2016: EU
Russia has dropped its demands for a further delay in a landmark EU-Ukraine trade deal at the heart of the Ukraine crisis and accepts that it will now begin next year, the EU said Monday.
May 18, 2015, 22:35 PM IST
Merkel eyes no sanctions decisions against Moscow at EU summit
German Chancellor Angela Merkel said Monday that EU leaders would not decide on new economic sanctions against Russia over the Ukraine crisis at their summit this week, but could do so in June.
Mar 16, 2015, 22:29 PM IST
Russia's Gazprom threatens to cut off gas to Ukraine, Europe
Russia`s state-owned gas giant Gazprom warned Tuesday it could cut off gas deliveries to Ukraine within two days, upping the stakes in the crisis there -- and threatening supplies to the rest of Europe.
Feb 24, 2015, 16:06 PM IST
German economy stuns with unexpectedly strong growth in Q4
Germany grew by a much stronger than expected 0.7 percent in the fourth quarter of 2014, with domestic demand lifting Europe`s largest economy out of its mid-year lull to take growth for the whole year to 1.6 percent and raise hopes of a strong 2015.
Feb 13, 2015, 13:25 PM IST
Russian central bank sold $76 bn to prop up ruble in 2014: Data
The ruble`s fall plus Russian sanctions on most Western food imports led to price rises of 11.4 percent in 2014.
Jan 12, 2015, 15:58 PM IST
Russia hikes key rate to 17% after record ruble tumble
The Russian central bank early Tuesday announced a dramatic hike of its key interest rate from 10.5 to 17 percent after the ruble plunged to a fresh record low.
Dec 16, 2014, 09:49 AM IST
Russian economy to shrink 0.8% in 2015: economy ministry
The Russian economy ministry slashed its economic forecast for 2015, announcing a contraction of 0.8 percent due to the pressure of Western sanctions over the Ukraine crisis and falling oil prices.
Dec 02, 2014, 18:17 PM IST
Oil prices down in Asia amid volatile trading
Oil prices fell in Asia Friday as dealers digested a mixed US inventory report and a new round of interest rate cuts by the European Central Bank, while keeping watch on the Ukraine conflict.
Sep 05, 2014, 09:53 AM IST
German factory orders shrug off `Putin effect`
Factory orders were up 4.6 percent in July compared with the level in June, the statistics office Destatis said in a statement.
Sep 04, 2014, 13:36 PM IST
Germany runs up surplus of 1.1% of GDP in first half
Germany achieved a surplus in its public finances in the first half of this year, even though growth stalled in the second quarter, official data showed on Monday.
Sep 01, 2014, 19:47 PM IST
Russian food embargo smells like opportunity for Latin America
Russia`s embargo on US and EU food products has opened a window of opportunity for Latin America, which could capitalize on the Ukraine crisis to become a major food supplier to Moscow.
Aug 17, 2014, 09:49 AM IST
EU hits Russia with economic sanctions
After months of hesitation, the EU finally agreed Tuesday to impose economic sanctions against Russia, hoping to make it change course in Ukraine as fighting intensified around cities held by pro-Moscow rebels.
Jul 29, 2014, 22:23 PM IST
Asia stocks edge up as risk aversion wanes, euro languishes
The weaker euro dovetailed nicely with expectations for the European Central Bank to ease policy further with a gradual widening of interest rate differentials favouring the U.S. over Europe seen unfolding.
Jul 23, 2014, 09:09 AM IST
European stocks rebounds as Ukraine rebels hand over black boxes
In Asian trading, MSCI`s broadest index of Asia-Pacific shares outside Japan rose about 0.7 percent to be at its highest since 2011.
Jul 22, 2014, 15:00 PM IST
US stocks end lower as Ukraine, Gaza weigh on markets
At the closing bell, the Dow Jones Industrial Average dropped 47.07 points (0.28 percent) to 17,053.11.
Jul 22, 2014, 09:46 AM IST
Rupee opens flat at 60.29 vs US dollar
Traders expect the rupee to trade between 60.20-60.45 vs the US dollar.
Jul 21, 2014, 09:28 AM IST
Oil prices down in Asian trade
Tensions in the Middle East are also expected to put keep oil prices high.
Jul 21, 2014, 08:50 AM IST
EU adds 11 people to Ukraine sanctions blacklist
The European Union on Thursday slapped a travel ban and asset freeze on 11 people allegedly linked to separatist violence in eastern Ukraine.
Jul 11, 2014, 22:05 PM IST
Russian output expands 1.2% in second quarter: Minister
The IMF said last month that Russia is already in recession, while the central bank said growth in 2014 is likely to slow to just 0.4 percent.
Jul 07, 2014, 16:26 PM IST
German industrial output falls as Ukraine, Iraq crises bite
German industrial production fell for the third month in a row in May, hit by calendar effects and uncertainty about the economic fallout from the Ukraine and Iraq crises, data showed Monday.
Jul 07, 2014, 14:51 PM IST
