Merkel wants to beef up sanctions against Russia
Angela Merkel wants to get other European Union member countries to agree to step up sanctions against Russia because of its role in the war in Syria, a German newspaper cited sources close to the German chancellor as saying.
Deal with Rosneft is U.S. sanctions-compliant, says Essar Group CEO
The $12.9 billion sale of India's Essar Oil to a group led by Russia's Rosneft (ROSN.MM) does not run foul of U.S. sanctions imposed against the majority state-owned Russian energy firm, parent Essar Group's CEO said on Sunday.
Scotland could control its own migration after Brexit, says Scots minister
Scotland may try to wrest control over migration as part of a new enhanced devolution deal once Britain leaves the European Union, Scotland's minister for EU negotiations said on Friday.
ChemChina, Sinochem in talks on possible $100 billion merger
Chinese state-owned chemical companies Sinochem Group and ChemChina are in discussions about a possible merger to create a chemicals, fertilizer and oil giant with almost $100 billion in annual revenue, three sources familiar with the matter said.
Putin says Rosneft buy of Bashneft gives impetus to privatization
The Russian government's sale of a controlling stake in mid-sized oil firm Bashneft to the country's largest oil producer Rosneft should give momentum to Russia's privatization drive, President Vladimir Putin said on Wednesday.
Oil hits one-year high as Russia ready to join output caps
Oil prices jumped as much as 3 percent on Monday, with Brent hitting one-year highs, after Russia said it was ready to join OPEC in curbing crude output and Algeria called for similar commitments from other non-OPEC producers.
China says EU duties on Chinese steel are unfair
China's Commerce Ministry has expressed concern and regret after the European Union set provisional import duties on two types of Chinese steel coming into the bloc, calling its investigation methods "unfair".
China eyes progress at APEC for China-backed free trade area
China hopes to see progress at next month's summit in Peru of the Asia Pacific Economic Cooperation (APEC) bloc in pushing ahead with a Chinese-backed trade liberalization framework, China's foreign minister said while on a trip to Lima.
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