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Stock Market & Financial Investment News

News Breaks
May 16, 2014
09:32 EDTOGZPYChina, Russia to sign natural gas deal next week, China Daily says
China and Russia have reached agreement on most aspects of a natural gas delivery deal, according to China Daily. Expected to be signed during Russian President Vladimir Putin's visit to Beijing next week, the deal will feature the export to China of 38B cubic meter of gas to China by Gazprom beginning in 2018. Eventually the amount of natural gas exported will rise to 68B cubic meters, the newspaper added. Reference Link
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July 23, 2014
06:36 EDTOGZPYEU fails to impose tough sanctions on Russia, NY Times says
EU foreign ministers failed to impose any tough sanctions against Russia during a meeting of the bloc's foreign ministers yesterday, according to The New York Times. Given their dependence on Russia's energy, EU countries have "largely decided" they "have to live with" Russia, the newspaper stated. Significant Russian companies include Gazprom (OGZPY), Lukoil (LUKOY) and Yandex (YNDX), while BP (BP) has a 20% stake in major Russian energy company Rosneft. Reference Link
July 22, 2014
06:29 EDTOGZPYEU weighing new sanctions on Russia, NY Times says
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July 18, 2014
06:33 EDTOGZPYChinese helping Russia blunt sanctions' impact, NY Times says
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