MOSCOW/BRYANSK, Jan 27 (PRIME)
Standard & Poor’s downgrades Russia to junk, outlook negativeMOSCOW/BRYANSK, Jan 27 (PRIME) -- International rating agency Standard & Poor’s (S&P) has downgraded Russia’s credit rating to BB+, one step below the investment grade, from BBB-, and has awarded it a negative outlook, according to a statement released by the agency late Monday.
Report: EU foreign ministers may mull new Russia sanctions Thur
MOSCOW, Jan 27 (PRIME)The E.U. leaders have asked foreign ministers of the union’s countries to consider new sanctions against Russia at their next meeting on Thursday due to renewed military clashes in Ukraine, according to their joint statement issued on Tuesday, Reuters reported.
Russian agency: Local authorities may get up to 23.9% in Bashneft
MOSCOW, Jan 27 (PRIME)The Russian government is discussing transferring up to a 23.9% stake in nationalized oil company Bashneft to the Bashkortostan Republic, head of the Federal State Property Management Agency Olga Dergunova told reporters on Tuesday.
CEO: Norilsk may keep investment rating despite Russia downgrade
NORILSK, Jan 23 (PRIME)Metals giant Norilsk Nickel is in an intense dialogue with international rating agencies and the company may retain its investment grade rating even if Russia is downgraded to a junk level, CEO Vladimir Potanin told reporters Friday.
S&P cuts Russia’s VimpelCom owner outlook to stable, confirms rating
MOSCOW, Jan 27 (PRIME)International rating agency Standard & Poor’s has downgraded its outlook for Amsterdam-based VimpelCom Ltd., the sole owner of Russian mobile operator VimpelCom, to stable from positive with the BB long-term foreign and local currency corporate credit rating affirmed, the agency said Tuesday in a statement.
MOSCOW, Jan 15 (PRIME) -- Chinese car producer Lifan will build an engine assembling plant in Russia after 2021, Director of the company’s representation in the country Sun Jiejun told PRIME on Thursday.