Russia

Russian punk band supporters expect little of legal appeal

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MOSCOW - A Russian court's decision to hand two-year jail terms to punk band Pussy Riot for performing an anti-Kremlin song in Moscow's main cathedral prompted fury in the West and refocused attention on President Vladimir Putin's rights record.

Anti-gay activists target PepsiCo's Russian unit

MOSCOW - An anti-gay activist group said it will picket shops selling milk produced by PepsiCo Inc's Russian subsidiary because they believe that a rainbow on the packaging violates a local law banning homosexual "propaganda".

Lifestyle, 28 Sep 2012

Dexia says closes DenizBank sale, books 744 million euro loss

BRUSSELS - Bailed out Franco-Belgian lender Dexia said on Friday it had finalized the sale of its Turkish banking unit DenizBank to Russia's Sberbank for around 3.02 billion euros ($3.88 billion).

28 Sep 2012

EU moves step closer to non-Russia gas link-up

BRUSSELS - Europe moved a step closer to loosening Russia's grip on European Union energy supplies after Italy, Albania and Greece signed an agreement supporting the construction of a pipeline to deliver gas from Azerbaijan.

Italy, Greece 28 Sep 2012

Russian Orthodox leader defends ties with Kremlin

MOSCOW - The head of the Russian Orthodox Church on Friday rejected criticism of his increasingly strong relationship with President Vladimir Putin, saying that close ties between the church and state were good for society.

World, 28 Sep 2012

Russian metals moguls settle RUSAL stake spat

LONDON/MOSCOW - Russian billionaires Oleg Deripaska and Michael Cherney reached an 11th-hour settlement in a dispute over a billion dollar slice of aluminum giant RUSAL , shortly before they were due to give evidence in a drawn-out London court case.

27 Sep 2012

Turkey's Erdogan slams Russia, China, Iran over Syria

ISTANBUL - Turkish Prime Minister Tayyip Erdogan lashed out at Russia, China and Iran on Thursday, saying their stance on the crisis in neighboring Syria was allowing a massacre to go on unabated.

Russian metals moguls settle RUSAL stake spat

LONDON/MOSCOW - Russian billionaires Oleg Deripaska and Michael Cherney reached an 11th-hour settlement in a dispute over a billion dollar slice of aluminum giant RUSAL , shortly before they were due to give evidence in a drawn-out London court case.

27 Sep 2012

Apax Partners senior dealmaker exits as losses loom

NEW YORK/LONDON - Khawar Mann, one of Apax Partners LLP's most senior dealmakers, is leaving after racking up losses on bad healthcare deals, adding to an already high turnover at one of Europe's largest buyout firms.

Belarus's mis-labelling of fuel exports costs Russia $1 billion

MINSK - Belarus has dodged about $1 billion in customs duty payments to Russia this year by exporting gasoline and other oil products under the guise of solvents and thinners, official data shows, infuriating Moscow.

27 Sep 2012
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Ancient market burns as fighting rages in Syria's Aleppo

BEIRUT - Hundreds of shops were burning in the ancient covered market in Aleppo on Saturday as fighting between rebels and state forces in Syria's largest city threatened to destroy a UNESCO world heritage site. | Video

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A Mafia in FATA: Haqqanis and Drones

A new report about the Haqqani network's business interests raises questions about the anti-drones narrative in Pakistan