Section: Business Insider (USA)
Putin, Hollande attempt to defuse Ukraine tensions
Moscow (AFP) – French President Francois Hollande on Saturday became the first European leader to travel to Russia in an attempt to defuse the standoff with Vladimir Putin over Ukraine, as Kiev announced a fresh round of peace talks next week.Hollande’s meeting with Putin in the diplomatic terminal of an airport outside the capital...
IMF announces Ukraine rescue visit
Kiev (AFP) – The International Monetary Fund said on Saturday it would dispatch a team to Ukraine to determine just how much extra aid the war-wrecked and energy-starved nation will need to make it through winter.The nine-day visit due to start on Tuesday comes as Ukraine suffers rolling blackouts and resentment grows over a severe...
French president to discuss Ukraine crisis with Putin in Moscow
Almaty (Kazakhstan) (AFP) – French President Francois Hollande will make an unscheduled stop in Moscow later on Saturday to discuss the Ukraine crisis with his Russian counterpart Vladimir Putin, his office said.Hollande will stop in the Russian capital on the way back home from a visit to Kazakhstan, a day after vowing to work towards a...
Ailing Malaysia Airlines to suspend shares December 15
Kuala Lumpur (AFP) – Malaysia Airlines said its shares will be suspended from the country’s stock exchange on December 15 under a government plan to rescue the beleaguered carrier after two devastating aviation tragedies this year.The national flag carrier, whose loss of both flight MH370 and MH17 compounded years of hefty financial...
French shipyard in $1.5 bn deal for new cruise liners
Saint-Nazaire (France) (AFP) – Royal Caribbean Cruises subsidiary Celebrity Cruises has signed a preliminary deal with the French arm of Korean shipbuilding giant STX for two new vessels valued at 1.2 billion euros ($1.5 billion).The 1,450-cabin ships are due for delivery in 2018 and 2020, the president of STX France, Laurent Castaing,...
Why Russia’s Mark Zuckerberg Left His Home Country
Pavel Durov, often referred to as “Russia’s Mark Zuckerberg” since the social network he founded became bigger than Facebook in Russia, fled his home country in April in part because of the government’s increasing interference in his business. Durov told The New York Times’ Danny Hakim that he first started thinking...
Hosszu, Le Clos keep world records rolling
Doha (AFP) – Katinka Hosszu set a new world record in the 100m backstroke with Chad le Clos laying down a new marker in the 100m butterfly at the World Short-Course Swimming Championships.With world records also set by the Russian men’s 4x50m medley relay which was subsequently lowered tonight by Brazil, it brings to seven the number...
UEFA bans Crimea clubs from Russian competitions
Nyon (Switzerland) (AFP) – Crimean football clubs were Thursday banned by UEFA from taking part in Russian championships starting from January 1, the governing body’s secretary general Gianni Infantino announced.”The Russian football federation cannot organise matches in Crimea without the agreement of UEFA and Ukraine,”...
Ukraine will halt fire in east from December 9, president says
Kiev (AFP) – Ukraine’s army will halt fire across the separatist east on December 9 under the terms of a Russian-brokered peace deal signed in September, President Petro Poroshenko said on Thursday. A source in Poroshenko’s office told AFP that the president’s statement, published on his official website, meant that...
Putin demands central bank act to stop ruble ‘speculation’
Moscow (AFP) – Russian President Vladimir Putin urged the central bank and government on Wednesday to take “tough action” to stop speculation on the ruble after the currency hit new all-time lows this week.”I ask the Bank of Russia and the government to carry out tough coordinated actions to discourage the so-called...
