Russia

EU targets state-owned Russia banks in sanctions plan

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BRUSSELS - The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.

Italy backs more Russia sanctions, says foreign minister

SARAJEVO - Italian Foreign Minister Federica Mogherini, a candidate to become the European Union's next foreign policy chief, reiterated on Thursday that she supports additional sanctions against Russia over the crisis in Ukraine.

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Russia says will cooperate with MH17 probe led by Netherlands

KUALA LUMPUR - Russia will cooperate with the investigation into the downing of a Malaysian airliner a week ago and is satisfied that the Netherlands, rather than Ukraine, is leading the effort, the country's ambassador to Malaysia said on Thursday. | Video

EU sanctions on Russian banks would hit economy, business

MOSCOW, July 24 - Russia's state-controlled banks would have to turn to the state, domestic borrowers or new regions such as Asia if EU sanctions shut off investment, hurting their ability to lend to local businesses and further damaging the country's fragile economy.

Marussia appoint U.S. driver Rossi as F1 reserve

BUDAPEST - The Russian-licensed Marussia Formula One team appointed American driver Alexander Rossi on Thursday as their official reserve for the rest of the season.

Motor racing-Marussia appoint U.S. driver Rossi as F1 reserve

BUDAPEST, July 24 - The Russian-licensed Marussia Formula One team appointed American driver Alexander Rossi on Thursday as their official reserve for the rest of the season.

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Russia says will cooperate with MH17 probe led by Netherlands

KUALA LUMPUR - Russia will cooperate with the investigation into the downing of a Malaysian airliner a week ago and is satisfied that the Netherlands, rather than Ukraine, is leading the effort, the country's ambassador to Malaysia said on Thursday. | Video

EU targets state-owned Russia banks in sanctions plan

BRUSSELS - The European Union would target state-owned Russian banks vital to financing Moscow's faltering economy in the most serious sanctions so far over the Ukraine crisis under proposals considered by EU governments on Thursday.

EU's planned sanctions against Russia to hit South Stream, Yamal LNG

LONDON/BRUSSELS - The European Union's proposed sanctions against Russia, targeting sensitive technology, take aim at Gazprom's huge South Stream gas pipeline project to Europe and Novatek's Arctic Yamal liquefied natural gas (LNG) facility.

UPDATE 2-Russian assets trim losses after details on possible EU sanctions

* Markets awaits Friday's rate decision (Adds latest prices, comment)

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At least 15 die in Israeli shelling of Gaza school as toll exceeds 750

GAZA/JERUSALEM - Gazan authorities said Israeli forces shelled a shelter at a U.N.-run school on Thursday, killing at least 15 people as the Palestinian death toll in the conflict climbed over 750 and attempts at a truce remained elusive. | Video