Banks Headlines

St. Petersburg International Economic Forum (SPIEF)

Gazprom investors lack Rosneft’s Qatari airbag

When it comes to Russia’s view on Western investors, Rosneft looks like the exception that proves the rule. Moscow confirmed on Thursday it would allow the $73 billion oil giant to pay a dividend, having stopped $93 billion peer Gazprom from doing the same. The nature of their respective share registers may explain why.

3D printed percentage symbols are seen in front of dollar banknotes in this...

It’s time to rediscover the importance of interest

Inflation is back, and along with it a widespread obsession about the future direction of interest rates. This is hardly surprising. In the past, a dose of tight money has brought prices under control. However, interest’s role in ensuring price stability is just one of its many functions. Our neglect of those other functions explains why the financial markets are in such a jumpy state today.

Robinhood logo is seen on a smartphone in front of a displayed same logo in...

Robinhood’s reversal, Russian oil cap: podcast

The digital brokerage is worth less than a quarter of its $32 bln IPO value. In this Viewsroom podcast, Breakingviews columnists argue that its $7 bln cash pile and ample user base make it an attractive target. Also, Western leaders’ plan to restrict funds to Moscow may backfire.

FILE PHOTO: Norilsk Nickel CEO Potanin at St Petersburg International...

Britain sanctions Russian oligarch Vladimir Potanin

LONDON (Reuters) -Britain on Wednesday announced sanctions on oligarch Vladimir Potanin, described by London as Russia's second-richest man and who has been buying assets from firms exiting Russia over the invasion of Ukraine.

European Union flags flutter outside the EU Commission headquarters in...

Saving energy now is an EU no-brainer

The European Union’s gas headache hasn’t gone away. Despite strong progress in hiking liquefied natural gas (LNG) purchases, the bloc is some way off its self-imposed year-end target of cutting Russian gas imports by two-thirds, or about 100 billion cubic metres (bcm). That leaves key member states like Germany vulnerable to an economic shock should Russian President Vladimir Putin turn off the taps. They shouldn’t wait until the weather turns cold to implement robust energy-saving measures.  

Politics Video

Politics News