BRUSSELS, Sep 30 (PRIME)
Source: EU retains sanctions against Russia over Ukrainian crisisBRUSSELS, Sep 30 (PRIME) -- The E.U. has retained full-scale sanctions against Russia over the crisis in Ukraine because to taper them the E.U. will need to hold a summit, which can be convened on October 23–24, a European source told PRIME on the sidelines of a meeting of E.U. ambassadors on Tuesday.
Russia’s GAZ, Turkey’s Mersa team up to make GAZelle Next LCVs
NIZHNY NOVGOROD, Sep 30 (PRIME)Russian automaker GAZ Group and Turkey’s car manufacturer and distributor Mersa Otomotiv have started manufacturing GAZelle Next light commercial vehicles (LCV) in Turkey, the group said in a statement Tuesday.
ExxonMobil curtails nine out of 10 projects with Russia’s Rosneft
NEW YORK, Sep 30 (PRIME)U.S. ExxonMobil has suspended nine out of 10 joint projects with Russian oil major Rosneft due to sanctions imposed against Moscow, spokesman for ExxonMobil Alan Jeffers said late on Monday.
Russia’s Evraz unit in US may offer 25–35% in IPO
CHICAGO/NEW YORK, Sep 29 (PRIME)Evraz North America, a unit of U.K.-based Evraz Plc, which operates mainly in Russia, has submitted an application to make an initial public offering (IPO) to the U.S. Securities and Exchange Commission (SEC) and may offer 25–35% of its shares, as follows from the documents seen by PRIME on Monday.
FOCUS: Russia to revamp telecom nets for ’18 World Cup, Rostelecom may sponsor
MOSCOW, Sep 29 (PRIME)As Russia is busy preparing facilities for the 2018 FIFA World Cup soccer tournament the communications ministry may pump 3.22 billion rubles into the construction and upgrade of the telecommunications networks for the event, which will need much more injections according to analysts. Rostelecom is named by observers as the most probable sponsor.
Interview with B&N Bank Vice President Irina Komarova