Section: Business Insider (USA)
United punish Gerrard, Chelsea extend lead
London (AFP) – Manchester United punished Steven Gerrard’s moment of madness as Juan Mata’s double secured a vital 2-1 win over bitter rivals Liverpool, while leaders Chelsea reestablished their stranglehold on the Premier League title race with a 3-2 victory at Hull on Sunday.United were already leading through Mata’s...
UN sanctions emerge as possible Iran talks ‘deal breaker’
Lausanne (AFP) – On US Secretary of State John Kerry’s Swiss bike rides last week to unwind from intense Iran nuclear talks, one emerging tricky issue may well have been going round his head: UN sanctions.According to negotiators involved and experts, this has become a major snag as Iran and six major powers push for the outlines of a...
Crimea plans to launch own airline
Moscow (AFP) – Authorities in Crimea said they plan to set up an airline to facilitate connections with Russia and encourage tourism in the picturesque Black Sea peninsula, a year after the Ukrainian territory was annexed by Moscow.It requires a fleet of six aircraft and 40 pilots to serve 14 destinations initially, later rising to 36,...
Kiev hopeful of Russia gas discounts, more talks next month
Kiev (AFP) – Ukraine on Saturday said it hoped to secure a discount on Russian gas imports following tripartite talks with the European Union, which are due to resume in Berlin next month.”The Ukrainian side hopes that the price will be $250 per 1,000 cubic metres in the second quarter,” said Volodymyr Demchyshyn,...
Putin admitted that he’s causing problems for Russia
Earlier this week Vladimir Putin acknowledged the mountain of criticism and economic sanctions placed on his nation after the Russian president’s decision to annex the Ukrainian peninsula of Crimea. “We ourselves will continue moving forward. We will strengthen our statehood and our country,” Putin said in Moscow’s Red...
10 things you need to know before the opening bell
It’s the final day of trading on a week when the market was focused on the Fed. Ahead of the opening bell, here is what you need to know. Greece will present its creditors with a new list of reforms. Greek Prime Minister Alexis Tsipras has agreed to submit a new list of reforms in short order to receive the bailout funds necessary to...
Russia’s new Eurasian Economic Union could get its own single currency
After his mysterious recent absence, Russian president Vladimir Putin is in Astana, Kazakhstan today for a meeting of the Eurasian Economic Union. The organisation is a new economic bloc comprised of Russia, Belarus, Kazakhstan, Kyrgyzstan and Armenia (Ukraine unsurprisingly opted not to join) — and it’s part of Russia’s strategy to...
David Cameron revives Cold War-era fund to wind up Vladimir Putin
David Cameron announced plans on Thursday for the UK to spend £20 million to help former Soviet states develop market economies and counter Russian influence in the region. Around £5 million has already been spent on helping the government in Ukraine to support civil institutions under the programme, but it is now getting a £15...
10 things you need to know before European markets open
Good morning! Here are 10 of the most important stories in markets today. Greece is to re-submit a reform list to Europe’s institutions within days. Greece has agreed to give creditors a new list of reforms within days in order to secure bailout funds, a statement said Friday after talks between Prime Minister Alexis Tsipras and European...
EU’s Russia sanctions extended to end-2015: Tusk
Brussels (AFP) – EU leaders agreed to effectively extend economic sanctions against Russia until the end of 2015, tying them to full implementation of the Minsk ceasefire accords in Ukraine.The sanctions were imposed after the shooting down of Malaysia Airlines flight MH17 over rebel-held eastern Ukraine in July 2014, and were due to expire...
