RT: Business Headlines, February 3, 2015

February 03, 2015 10:32

RIA Novosti/Maksim Blinov
Gazprom to remain Europe’s key gas supplier
Russia’s Gazprom says it will increase gas exports to Europe by 5 to 8 percent to 160 billion cubic meters in the next three years, and thus remain the largest gas supplier in Europe. 
Reuters/Charles Platiau 
S&P faces new $125mn fine – report
The Standard and Poor’s rating agency has reached a $125 million agreement with the biggest pension fund in the US to settle damages for “over-rating” mortgage securities as sound investments just ahead of the housing market collapse in 2008. 
Robert Dudley, Group Chief Executive of BP (Reuters/Ruben Sprich)
​BP considering investing more in Russia – CEO
Oil giant BP is going to continue its 25-year cooperation with Russia, and is considering additional investment despite sanctions and low oil prices, said the company’s CEO Bob Dudley. 
RIA Novosti/Vladimir Trefilov 
Domestic MasterCard: 5 Russian banks begin new National Payment System
Russia’s new National Payment System is up and running. The first five Russian banks processed their initial payments via MasterCard on January 30, according to Russia’s Central Bank. 
Reuters/Alkis Konstantinidis
Greek stocks rise after new cabinet offers ‘smart debt engineering’
Stocks in Greece rose sharply in early trading Tuesday after the new government of Greece revealed a plan of swapping its €315 billion foreign debt for growth-linked bonds to put an end to a standoff with its creditors. 

Russian Prime Minister Dmitry Medvedev (RIA Novosti/Alexander Astafyev)

Russian PM bans machinery imports for municipal and state needs
As part of Russia’s anti-crisis plan for import substitution, the country is to stop importing foreign-made machinery to be used by the state and municipalities. 
Reuters/Brendan McDermid
​Russian oil and gas companies will withstand low oil prices – Fitch
Low oil prices should not directly affect the ratings of Russian oil and gas companies, as they have sustainable loan burdens and stable revenues, Fitch rating agency has said. 
Greek Prime Minister Alexis Tsipras (Reuters/Marko Djurica)
​Greece not negotiating financial aid from Russia ‘right now’ – PM
Athens is not discussing the possibility of a loan from Russia, said Greek Prime Minister Alexis Tsipras, adding that Athens and Cyprus can become a ‘bridge of peace and cooperation between Europe and Russia.’ 
Reuters/Yuya Shino
Apple not ditching Russian market – retailers
America’s Apple is not halting deliveries to Russia, according to several representatives of retailers and operators with direct knowledge of the matter. Russian media had reported the company was stopping sales in the country. 
Li Hui, Ambassador Extraordinary and Plenipotentiary of the People's Republic of China to Russia (RIA Novosti/Andrey Stenin)
Ruble slump won’t damage trade with China – ambassador
China’s ambassador to Moscow Li Hui says even though the ruble has lost more than 17 percent of its value this year it won’t significantly affect China-Russia trade and cooperation. 
Workers from the United Steelworkers (USW) union walk a picket line outside the Lyondell-Basell refinery in Houston, Texas February 1, 2015. (Reuters/Richard Carson)
Oil drops 3% as US oil refinery strike adds to supply glut
Crude oil futures plunged 3 percent after a US refinery workers strike paralyzed 10 percent of the petroleum market. It is the largest refinery strike since 1980 and could potentially affect 60 percent of the US market if more unions join the walk out. 
This entry was posted in Financial/economic information, Illuminati/Terrorism/Corruption, Political and tagged , , , , , , , , . Bookmark the permalink.

2 Responses to RT: Business Headlines, February 3, 2015

  1. Captain says:

    Castro compares NATO to Nazi SS, slams US, Israel for ‘creating ISIS’

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