Russia

Nine Ukrainian soldiers killed in 'tense' eastern conflict - Kiev military

Photo

KIEV - Nine Ukrainian servicemen have been killed in fighting Russian-backed separatists in the past 24 hours, the Kiev military said on Tuesday, as rebels fought to encircle a key town straddling transport routes between their two strongholds.

Photo

S&P downgrades Russia's sovereign credit rating to 'junk'

MOSCOW - Ratings agency S&P cut Russia's sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a decade.

Photo

Russian crisis plan won't mean a bigger budget - finance minister

MOSCOW - An economic crisis plan that Russia just adopted won't require any more budget spending than was already planned, Finance Minister Anton Siluanov said on Tuesday.

Photo

Nine Ukrainian soldiers killed in 'tense' eastern conflict: Kiev military

KIEV - Nine Ukrainian servicemen have been killed in fighting Russian-backed separatists in the past 24 hours, the Kiev military said on Tuesday, as rebels fought to encircle a key town straddling transport routes between their two strongholds.

Market reaction muted after S&P drops Russia to 'junk'

MOSCOW - Russian financial markets saw a muted reaction on Tuesday after ratings agency S&P downgraded the country's sovereign credit rating to 'junk', with the rouble strengthening and Moscow-listed shares broadly steady.

EU leaders likely to decide on new Russia sanctions

BRUSSELS - European Union leaders asked their foreign ministers on Tuesday to consider possible new sanctions on Russia in response to a rebel offensive in eastern Ukraine, but a final decision to impose them is likely to be left to a summit next month.

Photo

Market reaction muted after S&P drops Russia to 'junk'

MOSCOW - Russian financial markets saw a muted reaction on Tuesday after ratings agency S&P downgraded the country's sovereign credit rating to 'junk', with the rouble strengthening and Moscow-listed shares broadly steady.

EMERGING MARKETS-Rouble regains some ground after downgrade blow

LONDON, Jan 27 - Russia's rouble climbed on Tuesday, recovering some of its poise following a 6 percent drop the previous day after ratings agency Standard & Poor's cut the country's rating to junk, though Moscow stocks traded lower.

UPDATE 2-Market reaction muted after S&P drops Russia to 'junk'

MOSCOW, Jan 27 - Russian financial markets saw a muted reaction on Tuesday after ratings agency S&P downgraded the country's sovereign credit rating to 'junk', with the rouble strengthening and Moscow-listed shares broadly steady.

UPDATE 2-Russian low-cost retailer Magnit to press with expansion

* Margins pressured by purchasing cost spike (Recasts, adds context, CEO, analyst comments)

Photo

Blizzard in northeast U.S. shuts schools, business, transport

BOSTON/NEW YORK - A blizzard dropped more than a foot (30 cm) of snow across the northeastern United States on Tuesday, falling short of the massive predicted snowfall that prompted officials across the region to close schools and order travel bans.