Russia

UPDATE 1-Russia shares reverse gains on gas impasse, rating fears

MOSCOW, Oct 22 - Russian stocks fell on Wednesday and the rouble resumed its decline, a day after Russia and Ukraine failed to finalise a deal on gas supplies, and ahead of a sovereign rating review by Standard and Poor's on Friday.

Russia's Sistema buys stake in fashion retailer

MOSCOW, Oct 22 - Russian oil-to-telecoms conglomerate Sistema has acquired a minority stake in mass-market clothing company Concept Group, increasing its exposure to the fast-growing retail market.

Russia's Metalloinvest, Novorossiisk to set up iron ore terminal

MOSCOW, Oct 22 - Russia's biggest iron ore producer Metalloinvest will team up with the country's largest commodity exports operator Novorossiisk Commercial Sea Port (NCSP) Group to set up a terminal on the Black Sea coast, the companies said.

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Russia says Ukraine should find money to pay for gas within a week

MOSCOW - Ukraine should be able to find ways of paying for Russian gas supplies within a week, Russian Energy Minister Alexander Novak said on Wednesday, suggesting a standoff would end once Moscow received financial guarantees from Kiev.

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No Russia-Ukraine gas deal at EU talks; Moscow queries finances

BRUSSELS - Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay. | Video

Russia shares open higher, rouble steady

MOSCOW, Oct 22 - Russian shares opened higher on Wednesday while the rouble was steady, reflecting reviving global risk appetite and shrugging off a failure of Russia and Ukraine to reach a gas deal.

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VMware forecasts weak 4th-qtr revenue, shares fall

- Software maker VMware Inc forecast current-quarter revenue largely below Wall Street's estimates due to a delay in the closing of a large U.S. government deal and lower bookings in Germany, Russia and Japan in the third quarter.

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VMware forecasts weak fourth-quarter revenue, shares fall

- Software maker VMware Inc forecast current-quarter revenue largely below Wall Street's estimates due to a delay in the closing of a large U.S. government deal and lower bookings in Germany, Russia and Japan in the third quarter.

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Wozniacki outlasts erratic Sharapova; Radwanska wins

SINGAPORE - Caroline Wozniacki put a huge dent in Maria Sharapova's bid to finish the season as world number one by overcoming some distracting bright lights to outlast the Russian 7-6(4) 6-7(5) 6-2 in their marathon opening group match at the WTA Finals on Tuesday.

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No Russia-Ukraine gas deal at EU talks; Moscow queries finances

BRUSSELS - Russia and Ukraine failed to reach an accord on gas supplies for the coming winter in EU-brokered talks on Tuesday but agreed to meet again in Brussels in a week in the hope of ironing out problems over Kiev's ability to pay.