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United Kingdom

Darya Korsunskaya

Russia wants to borrow more, prepares new OFZ auction mechanism

29 Mar 2019

MOSCOW Russia wants to borrow more in the second quarter this year, and it plans to implement a new bond-offering mechanism and take advantage of growing global demand for its debt, a senior ministry official said.

Russian businessmen call for release of detained U.S. investor

14 Mar 2019

MOSCOW Several prominent Russian businessmen on Thursday called for detained U.S. investor Michael Calvey to be released from a pre-trial detention facility on bail, saying his treatment at the hands of the authorities over fraud charges looked too harsh.

Russia's top banks plot temporary sanctions workaround: sources

14 Mar 2019

MOSCOW Leading Russian banks are working on plans to help each other retain at least short-term access to the global financial system in the event that they are hit by fresh U.S. sanctions, sources familiar with the matter told Reuters.

Putin won't intervene over detained U.S. investor - Kremlin

26 Feb 2019

MOSCOW Russia's President Vladimir Putin will not intervene in the case of a prominent U.S. investor arrested over embezzlement accusations, the Kremlin said on Tuesday, playing down pressure to release him before trial.

Russian central bank meeting Vostochny Bank minority investors

20 Feb 2019

MOSCOW Russia's central bank is meeting Vostochny Bank minority shareholders following the detention on fraud charges last week of its majority U.S. investor, a banking source and a senior Russian official told Reuters on Wednesday.

Exclusive: Russia expects to recover far less from 'bad bank' assets - sources

12 Feb 2019

MOSCOW Russia will dramatically cut its estimate of the sum it expects to recover from a "bad bank" set up after the collapse of three major lenders, according to three sources familiar with new calculations being prepared for the central bank.

Exclusive: Russia's Sechin raises pressure on Putin to end OPEC deal

08 Feb 2019

MOSCOW Igor Sechin, head of Russian oil giant Rosneft and one of Vladimir Putin's closest allies, has written to the Russian president saying Moscow's deal with OPEC to cut oil output is a strategic threat and plays into the hands of the United States.

Russia expects Venezuela will struggle to repay its debts to Moscow

29 Jan 2019

MOSCOW Russia expects Venezuela will probably have problems servicing its sovereign debt to Moscow, Russia's Deputy Finance Minister said on Tuesday, after Washington imposed sweeping sanctions on Venezuela's state oil firm in a move the Kremlin called illegal.

Russia expects Venezuela will struggle to repay its debts to Moscow

29 Jan 2019

MOSCOW Russia expects Venezuela will probably have problems servicing its sovereign debt to Moscow, Russia's Deputy Finance Minister said on Tuesday, after Washington imposed sweeping sanctions on Venezuela's state oil firm in a move the Kremlin called illegal.

UPDATE 2-Russia expects Venezuela will struggle to repay its debts to Moscow

29 Jan 2019

* But Moscow says it still wants it money repaid on time (Adds finance ministry statement, analyst comment)

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