Russia based Mechel OAO (ADR) (NYSE:MTL) Gripped In Bankruptcy Fears
Boston, MA 09/23/2014 (wallstreetpr) – Russia based Mechel OAO (ADR) (NYSE:MTL) shares nosedived by nearly 30% after the nation’s economy minister expressed the high probability for the group filing for bankruptcy. Mechel is under immense debt burden ...
Russia will add 80 new warships to Black Sea Fleet: fleet commander
NOVOROSSIYSK Russia (Reuters) - Russia will increase its Black Sea fleet by 2020 with more than 80 new warships and will complete a second naval base for the fleet near the city of Novorossiysk by 2016, its commander said on Tuesday. In comments made to ...
Qatar not a gas 'alternative' to Russia
Berlin - Wealthy gas producer Qatar has no plans to pitch in as an alternative supplier as Europe seeks to reduce its reliance on Russian gas, Doha's energy minister told a German newspaper Tuesday. "Qatar doesn't see itself as an alternative to other ...
Russia’s Synergy loses Vogue trademark battle
According to RAPSI, the Russian legal information agency, Russia’s Intellectual Property Court withdrew the legal protection of the Vogue trademark owned by Synergy, one of the leading spirits producers in the country. Synergy, producer of Belenkaya ...
Critic's Corner: 'NCIS' travels to Russia
Critic's Corner: 'NCIS' travels to Russia USA TODAY's Robert Bianco previews the television lineup for Tuesday, September 23rd with 'NCIS,' 'Person of Interest' and 'Forever.' Check out this story on USATODAY.com: http://usat.ly/1uCOibS
Russia Condemns U.S. Airstrikes on ISIS and al-Qaeda; Assad Approves
In the wake of the first American-led airstrikes against Islamic State forces in Syria, we're learning that the operation did not just focus on ISIS installations and its oil trade, but also the al-Nusra Front as well. According to Reuters, strikes against ...
European Union Warns Russia Not to Use Gas as Weapon in Ukraine Crisis
Kiev: The chief European Union energy official warned Russia on Tuesday not to use gas supplies as a weapon in its standoff with Ukraine over the fate of its neighbour's separatist east. EU Energy Commissioner Guenther Oettinger said he hoped to reach an ...
Mechel Extends Record Drop as Russia Expects Bankruptcy
OAO Mechel (MTL) extended its declines today after Russia’s economy minister said he saw no alternative to bankruptcy for the mining company following nine months of unsuccessful efforts to refinance its debt. Mechel, Russia’s biggest producer of ...
Russia, South Africa Sign US$50B (A$54.1B) Nuclear Deal
The eight nuclear units will have an equivalent installed capacity of about 9,600 megawatts, Russia's state-owned nuclear company Rosatom said in a statement. The agreement lays the foundation for the large-scale nuclear power plants procurement and ...
High Hopes for Russia Are Fading on Wall St.
Goldman Sachs has an office in Moscow. So do Citigroup and Morgan Stanley. JPMorgan Chase and Bank of America Merrill Lynch, too. Russia was supposed to be a growth market for Wall Street. It is quickly turning out to be a potential financial nightmare and ...