Tuesday 27 January 2015
 
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HFZA to take part in Russia, CIS market trade shows

Hamriyah Free Zone Authority (HFZA) is set to explore the Russian and Commonwealth of Independent States (CIS) markets by attending various meetings and trade shows during this year. Saud Salim Al Mazrouei, director of HFZA and Sh

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Sliding oil weighs on emerging stocks, currencies

Falling oil prices and a stronger dollar racked up the pressure on emerging equities and currencies on Monday, with Russia once again suffering most of the pain. Emerging market shares fell 0.2 per cent after oil prices slid by mo

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Oil demand to stay weak in H1 on Mideast, Russia

Global oil demand will ultimately react to lower prices, though it could stay weak in the first of the year as Middle East growth slows and Russia heads into recession, a report said. Models suggest a six-month lag and a limited r

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Iran says no US deal to ship uranium to Russia

Iran denied on Saturday that it had reached an agreement with the US to ship its surplus enriched uranium to Russia under new concessions aimed at clinching a comprehensive nuclear deal with six world powers. The Associated Press,

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Lithuania joins euro zone as tensions with Russia rise

Lithuania joined the euro zone at the stroke of midnight on January 1, hoping to anchor itself in Europe as its former master Russia flexes its military muscle in the region. The first Soviet republic to declare independence, in 1

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After turbulent 2014, next year may be no calmer

From financial crisis in Russia to cyber warfare with North Korea, 2014 has generated new flashpoints right into its final days, setting 2015 up to be just as turbulent. Almost all of the major confrontations, such as the battle w

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Russia forecasts economic slump as oil falls

Slumping oil prices have put Russia's economy on course for a sharp recession and double-digit inflation next year, government ministers said, as authorities scaled up a bailout for the first bank to succumb to this month's rouble crisis

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Ukraine, pro-Russian rebels swap prisoners

Ukraine's government and pro-Russian separatists on Friday exchanged hundreds of prisoners of war while Kiev said it would suspend all train and bus service to Crimea, effectively creating a transportation blockade to and from the region.

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Nissan suspends Russia car orders

Japan's Nissan Motor and French partner Renault have stopped taking orders for some cars in Russia and could raise prices on others if the rouble's plunge continues, alliance chief executive Carlos Ghosn said yesterday. &#

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Bahrain may start importing Russian gas from 2017

Bahrain could start importing gas from Russia in 2017, Russia's ambassador to the Gulf Arab kingdom told a local newspaper according to Bahraini state news agency BNA.  

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