Europe nervy as Russian assets hit by new sanctions talk
The euro was stuck near its lowest level since November and Russian markets tumbled for a third straight day on Monday as new European sanctions for Moscow chilled the already frosty relationship between the two.
Russian shares down, Rosneft underperforms after Yukos ruling
Shares in Russia's Rosneft fell more than the broad MICEX index on Monday after an international court ordered Moscow to pay $51 billion for expropriating the assets of the now-defunct oil producer Yukos, most of which were acquired by Rosneft in auctions.
Euro zone may discuss early Irish bailout repayment to IMF
Euro zone finance ministers are likely to discuss in September whether to allow Ireland to repay its more expensive bailout loans from the International Monetary Fund before paying back the euro zone bailout fund, a euro zone official said.
China regulator says food supplier forged production dates
Regulators in Shanghai have found that a scandal-hit China-based food supplier forged production dates on some of its products and sold them after their expiry, the official Xinhua news agency reported on Saturday.
Russia criticizes EU sanctions, raps U.S. over Ukraine role
Russia reacted angrily on Saturday to additional sanctions imposed by the European Union over Moscow's role in the Ukraine crisis, saying they would hamper cooperation on security issues and undermine the fight against terrorism and organized crime.
EU will exclude gas technology from Russia sanctions-sources
EU leaders seeking to agree sanctions against Russia over its actions in Ukraine are expected to include oil technology but exclude technology for Russia's all-important gas sector, EU sources said on Friday.
Global economy starts second half on solid footing
China's factory activity expanded at its fastest in 18 months in July, while the euro zone's private sector also perked up, but the pace of U.S. manufacturing expansion slowed.
EU reaches preliminary deal on Russia economic sanctions
European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.
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