Igor Sechin, CEO of Russian state-owned oil giant Rosneft, scored a major coup for the Kremlin by selling a 19.55% stake in the company to Qatar’s sovereign fund and oil trader Glencore. But the deal also clips Sechin's wings.
45 million Ukrainians and 5 million Georgians will enjoy the new travel rights once approved by the European Parliament but will not be able to work in the EU.
Polish state-controlled entities agree to buy a one third stake in Pekao for €2.4bn.
The deal will bring $11bn to the cash-strapped Russian government as it tries to close 2016 with a 3.7% budget deficit.
The US-headquartered Marriott International hotel chain has expressed optimism about returning to the Iranian market after a three-decade hiatus.
US Senate foreign relations committee votes unanimously to ratify accession protocol.
Oligarch to sue over Podgorica's decision to declare KAP aluminium smelter and Rudnici Boksita bauxite mine insolvent.
The Opec production cut deal struck in late November drove oil prices up by 10% in a week to almost $55 a barrel – its highest level since July 2015. That is very good news for the Russian budget.
Two major bids have been lodged for US Steel Kosice, one of Slovakia’s biggest employers and the focus of government anger over what it sees as a lack of responsibility from foreign investors, local media reported on December 5.
It remains to be seen whether Mirziyoyev’s promise of change will remain just an empty promise or he will move to open ex-Soviet Central Asia’s most-populous country more to the outside world.
Voters are sceptical about big promises from the ruling party and opposition ahead of the critical December 11 election.
Russia and Japan have entered into “detailed discussions” on a peace treaty. WWII never ended, at least for the two countries, as they did not formalise an end to hostilities and are technically still at war.
But many remain sceptical because of regime's history of never following up on announcements.
Gold-mining tycoon says British political establishment has to forget Litvinenko killing and get back to business.
Putin pushes message of economic and social development on a homegrown platform of strength after two years of Russia's isolation.
Central European factories remain on an uncertain footing, purchasing manager indices suggest, despite further signs of recovery in the Eurozone.
If those on public works schemes were considered as unemployed, the country’s jobless rate would be the highest among the Visegrad countries, rather than the lowest.
Elections likely as GERB changes stance, rules out supporting a new government in the current parliament.
Pushed by the coalition-leading Social Democrat Party, the law targets billionaire Finance Minister Andrej Babis – a likely PM after elections next year – over his numerous conflicts of interest.
Giant 36,000-tonned structure encloses block destroyed in world's worst nuclear accident in 1986.
Register for free to read bne IntelliNews Magazine. You'll receive a free digital subscription.
If you have already registered, enter the information below with the same email you used previously and you will be granted immediate access.
Thank you. Please complete your registration by confirming your email address. The confirmation email has been sent to the email address you provided.
IntelliNews Pro offers daily news updates delivered to your inbox and in-depth data reports.
Get the emerging markets newswire that financial professionals trust.
"No day starts for my team without IntelliNews Pro" — UBS
Thank-you for requesting an IntelliNews Pro trial. Our team will be in contact with you shortly.