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Report: EU mulls 9th package of anti-Russian sanctions

MOSCOW, Dec 5 (PRIME) -- The European Commission and representatives of the E.U. states have discussed the preparation of the ninth package of anti-Russian sanctions, which may include 180 new listings, hitting the technology, financial and media sectors, Politico news portal reported on Monday.

S&P Global: Russia's Services PMI rises to 48.3 in November

Russia's seasonally adjusted Services purchasing managers' index (PMI) increased to 48.3 in November from 43.7 in October, staying below the 50 no-change mark, which means an overall deterioration, research agency S&P Global said on Monday.

Russia works on retaliation to Wests oil price cap

Moscow is preparing retaliatory measures to the Wests U.S. $60 price cap on Russian oil, and will not acknowledge it, President Vladimir Putins spokesman Dmitry Peskov told reporters on Monday.

Mordashov says Severstal loses $400 mln because of sanctions

Russian steelmaker Severstal has lost U.S. $400 million because of sanctions, co-owner and Chairman of the board of directors Alexei Mordashov said on Wednesday during a forum.

FOCUS: Dutch parent of Russias Yandex leaves market at loss after split talk

Yandex N.V. may spin off and sell its Russian asset in a move that analysts said will help the businesses evolve faster and increase value but leaving the minority shareholders of the Dutch company in the dark about their future.
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MOSCOW, Nov 29 (PRIME) -- Russian beer producers dont expect an increase in output in 2022 as production costs are rising, Vyacheslav Mamonton, head of the Association of Beer Producers, told PRIME on Tuesday.
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