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Stock Market & Financial Investment News

News Breaks
May 20, 2014
14:36 EDTOGZPYChina, Russia fail to reach natural gas deal, NY Times says
China and Russia have been unable to reach a natural gas deal due to differences over price, according to The New York Times. The two countries are continuing to hold talks over the issue, a spokesman for President Putin said, the newspaper stated. On May 16 China Daily had reported that China and Russia had reached agreement on most aspects of a natural gas delivery deal. Russia's leading natural gas company is Gazprom (OGZPY), which is falling 2% in mid-afternoon trading. 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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