Russia

Motor racing-Marussia buyer says team too good a story to end

LONDON, March 4 - Stephen Fitzpatrick emerged as the new owner of the stricken Marussia Formula One team on Wednesday with the assurance that he was going in with eyes wide open and no illusions about the task ahead.

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Russia's Putin calls Nemtsov's murder political

MOSCOW - Russian President Vladimir Putin said on Wednesday that the murder of Kremlin critic Boris Nemtsov was a shameful tragedy that carried a political subtext.

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Russia's Putin calls Nemtsov's murder political

MOSCOW - Russian President Vladimir Putin said on Wednesday that the murder of Kremlin critic Boris Nemtsov was a shameful tragedy that carried a political subtext. | Video

UPDATE 2-Governor of Russia's Sakhalin island arrested in bribery case

MOSCOW, March 4 - The governor of Russia's far eastern island of Sakhalin has been arrested in Moscow in connection with a bribery case, local news agencies reported on Wednesday.

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Manor Marussia set for Australia under new owner

LONDON - Former Sainsbury's chief executive Justin King has been appointed interim chairman of the revived Manor Marussia Formula One team as they prepare for a remarkable comeback in Australia next week.

UPDATE 1-Motor racing-Manor Marussia set for Australia under new owner

LONDON, March 4 - Former Sainsbury's chief executive Justin King has been appointed interim chairman of the revived Manor Marussia Formula One team as they prepare for a remarkable comeback in Australia next week.

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UK gives oligarch 7 days to justify keeping North Sea fields

LONDON - Britain on Wednesday told Russian oligarch Mikhail Fridman he had seven days to explain why he should be allowed to retain ownership of newly acquired oil and gas fields in the North Sea or face being forced to sell them.

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U.S., Europe weighing potential deeper Russia sanctions - Nuland

WASHINGTON - A U.S. sanctions team is in Europe this week discussing possible deeper sectoral penalties against Russia if a ceasefire deal with Ukraine is further violated, a senior State Department official said on Wednesday.

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Russia's Rosneft says 2014 net profit falls 10 percent

MOSCOW - Rosneft , Russia's top oil producer, said on Wednesday that its 2014 net profit was 350 billion rubles ($5.7 billion), down 10 percent year-on-year, due to unfavorable economic conditions.

UPDATE 1-Russia's Rosneft says 2014 net profit falls 10 pct

MOSCOW, March 4 - Rosneft, Russia's top oil producer, said on Wednesday that its 2014 net profit was 350 billion roubles ($5.7 billion), down 10 percent year-on-year, due to unfavourable economic conditions.

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Euro zone rebuffs Spanish talk of new Greek bailout

BARCELONA/BRUSSELS - Germany and the European Commission slapped down talk of a third financial rescue for Greece as premature, after Spain once again suggested on Wednesday that a new aid package for Athens was almost inevitable. | Video