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Latest news from Sochi Russia.

Shell Russia, Total say will continue work in Russia

 

SOCHI Russia Reuters - The head of Shell Russia said on Friday that the company's strategy in Russia remained unchanged, although the firm is evaluating the implications of sanctions imposed by the West on Moscow over its involvement in Ukraine.


September 19, 2014 - 12:46 GMT

Russian minister says likely Exxon, Rosneft halt operations in Arctic

 

SOCHI Russia Reuters - Russia's natural resources minister said on Friday that it was highly likely that U.S oil major Exxon Mobil Corp and its Russian counterpart Rosneft had halted operations in the Kara Sea due to Western sanctions over Ukraine.


September 19, 2014 - 11:02 GMT

Russian PM Medvedev says talk of closed economy inappropriate

 

SOCHI Russia Reuters - Talk of making Russia a closed economy is inappropriate, and Russia intends to stick to basic principles of macroeconomic policy, Russian Prime Minister Dmitry Medvedev said on Friday.


September 19, 2014 - 09:40 GMT

Russia's Kudrin says government changes, political will key to better business climate

 

SOCHI Russia Reuters - Russia's investment climate will not improve unless there are changes in the country's leadership and political will for such an improvement, former Finance Minister Alexei Kudrin said on Friday.


September 19, 2014 - 08:09 GMT

Finland's Niinisto to Putin: sanctions bite both, let's discuss Ukraine

 

Finnish President Sauli Niinisto told his counterpart Vladimir Putin on Friday that Western sanctions against Moscow and the food ban Russia introduced in response were damaging bilateral ties and proposed to seek ways to end the Ukraine crisis.


August 15, 2014 - 11:40 GMT

Russia to boost wheat supplies to Egypt, mulls free trade zone: Putin

 

SOCHI Russia Reuters - Russia will supply at least 5-5.5 million tonnes of wheat to Egypt this year and will increase agricultural goods imports from the North African country, Russian President Vladimir Putin told reporters after meeting with Egypt's President Abdel Fattah al-Sisi.


August 12, 2014 - 15:07 GMT
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