Russia's largest oil company state-controlled Rosneft has launched the company’s first ever share buyback programme worth $2bn that will last until December 2020 acquiring a maximum of 340mn or 3.2% of company's share capital and a third of freefloat
Beijing’s decision a big breakthrough for Tehran—the Chinese buy third of Iran’s crude.
August 4 was the deadline for the Kosovan authorities to establish the Community of Serb Municipalities, an important step in the EU-mediated normalisation process between Belgrade and Pristina.
Rate comes in at almost twice the 2.8% forecast at the start of the year.
Day nevertheless sees currency hit new all-time low prior to finance minister giving interview indicating he wants to 'have his Turkish delight and eat it too'.
A proposed "crushing" bipartisan bill introduced by the US Senate on August 2 will not be debated until the autumn and many of the harsh terms could be considerably watered down, Luis Saenz, the co-head of equities at BCS Global Markets said
Rate increase to 1.25% was expected due to strong wage growth, a weaker koruna than anticipated, and inflation exceeding the CNB target of 2%.
Russia's gas pipeline Nord Stream 2 to Germany via the Baltic Sea can bypass Denmark with no additional cost, thus removing the last obstacle to construction as Denmark was the last country to not issue the construction permit
Russia's total crude oil output in July 2018 stood at 11.22mn barrels daily, up by 1.4% month-on-month and 2.4% year-on-year, according to the August 2 Ministry of Energy report.
The Central Bank of Russia (CBR) is preparing to sell the Asian-Pacific Ocean Bank (Aziatsko-Tikhookenskiy Bank, ATB), which was bailed by the regulator in a four-year sector clean-up drive completed in 2017.
With the 10-year domestic bond yield testing a new high of 19.48%, markets pin hope on meeting between top diplomats at Asean summit.
The deal fits well with OTP's strategy to prioritise foreign expansion and grow in the Central and Southeast European markets where it is already present but has a small market share.
The US Treasury Department (USTD) again prolonged the deadline for shedding assets and borrowings of companies of sanctioned Russian tycoon and Kremlin insider Oleg Deripaska to October 23.
Turkish lira collapses past the 5.00 threshold to all-time low, analysts ponder threat to cohesion of Nato and traders wonder if a currency-and-debt crisis is on the cards.
Officials who declared 2018 a Year of Tourism will be horror-struck by apparent IS ambush in nation’s celebrated “Roof of the World” region.
Prime Minister Pavel Filip hinted that besides bad management, fraud could have caused the losses incurred by the troubled rail company, which is slated for restructuring.
BMW is the third premium car maker after Audi and Mercedes to establish a production facility in Hungary, which has become a major car producer.
Iranian officials also make it clear they see no value in talking to Donald Trump.
Move to provide easier access to foreign investors and lower cost of borrowing for Astana.