the head of russia's the largest oil company rosneft you could say has confirmed today that b.p. is very much interested in boosting its stake in ross net and he says welcomes this initiative very much now that this could be done through the sale of b.p.'s stake in the russian british joint venture t m k b p now this could be an extremely important deal for both companies but notably for b.p. whose expansion progress has somewhat altered over the past couple of years especially given that its previous deal with ross never to develop the arctic shelf was blocked by the russian partners in t. and k b p so b.p. for a long time has been wanting to get out of this joint venture now ross never would pay for this stake through market mechanism no sleep with cash and with its own shares boosting b.p. stake the twelve and a half percent in rosneft which would make it the second most important shareholder in and the russian oil giant has always strived to reduce the state's stake in the company so it's in the mutual benefit but we will have to wait until the seventeenth of october to hear

which is actually head of schedule the company's also agreed to green joint ventures and to pass rosneft some shares in the us three of exxon's projects in the united states and in canada and japan japan's mazda has launched a joint production with the show's car assembler solar's the full scale production out of water will still plant will start next month with the output expected to reach about seventy thousand cars a year and the partners are reportedly investing around three hundred fifty million dollars into the project. and of course we are expecting a lot more from the apec summit on friday will bring you all the latest as soon as we get it and that's all latest from the business desk this hour i'll see you in about fifteen minutes now of course of the government of our correspondents other incredible stock right now still he'd never want to protest in the text a few days to talk to thank you for just a moment here a lot to go ahead odds with then a fresh look at the euro crisis with the former chief accountant for the european commission all of that in just a sec. in his first t.

today you've got the markets what's going on anything exciting well it looks like russia's or major rosneft is preparing to acquire half of its big rival team. bloomberg says the state company is in negotiations to borrow fifteen billion dollars for the deal in the summer b.p. said it itself has fifty percent stake in the troubled british venture because of a shareholder conflict one month later rosneft confirmed it's in talks to buy the company president vladimir putin held a surprise meeting with b.p. and the executives you can see there late tuesday took place in sochi was focused on expanding presence in russia. markets because some resource firms are propping up europe after japan announced in unexpected boost to its purchase program on the currencies the euro is losing again to the dollar the russian ruble weakening to both the greenback and euro for a day bad news for procedure on the ruble because then the v t b is losing around four percent this hour after it announced plans for a two billion dollars secondary public offering on the road between russia's gazprom and the european co

let's actually move over to the highlights straight away the head of russia's largest oil company rosneft you can see is here and he confirmed to journalists that b.p. is very much interested in boosting its stake in the russian company and it can do so by selling its stake in the russian british joint venture t n k b p it's fifty percent stake there now this is an extremely important deal for all sides but notably for b.p. who's the expansion progress has recently been stalled and also by the fact that its russian partners have been preventing it from signing any other agreements with other companies including rosneft and this would give it very strong ties with the company providing it with the second most important mistake of the government in a row snapped now also that was the keynote address by russia's prime minister dmitry medvedev who has been complaining that the recent poll on the competitiveness on the global scale puts russian sixty seventh place and something else to be done about that notably russia has to fight corruption russia has to increase the effectiveness of state i

lot of a stock signed a number of deals on thursday but one of the biggest was in the energy sector rosneft in the us oil major exxon mobil have announced plans over their joint shelf project in russia they plan to start exploration growing on the block of current season twenty fourteen which is ahead of schedule the company's also agreed to create a joint ventures and to pass to rosneft some of the shares in three of exxon's projects in the united states and in canada. and that's all the latest from the business desk this hour see you back here at about fifteen minutes can attest thanks very much indeed all to you live in moscow now a quick recap of the headlines is coming your way from above the latest episode all the cause report will be staying with fun. it's way. spanning continents. an ocean of connections. the good empower the pacific. the russian apec summit on r.t. . there conduce childhood was overshadowed by this tragedy. these two feel the fear they faced. and remember every second of this nightmare. it will remain in their memories and hearts forever. the town of anderson so. i

and rosneft exacts late tuesday in sochi talks focused on expanding b.p.' presence in russia with the british eager to keep a lucrative foothold here and check markets because the euro swung into gains after several days of losses the ruble also closed to the single currency new york is reversing several days of choppy trading all the better than expected us sells let's get those up for you as new york later to be on the news but the dow jones slightly higher today almost three dollars call from the prize the sell the production rises that's the russian energy stocks in particular russia second biggest lender v.t. b. has announced plans for a two billion dollars secondary public offering it follows rivals burbank which is certainly privatized another stake this week president vladimir putin has hailed the company's profitability. position as. we have finalized the sale so seven point five eight percent in spare bank for over five point two billion dollars it's one of the most profitable returns in recent times after companies like apple every one hundred do

twenty fourteen which is ahead of schedule the companies also agreed to create joint ventures and to rosneft some shares in three of exxon's projects in the united states and canada and japan's marcelle launched a joint production with russia's car some solars a full scale production of a lot of us steel plants will start next month with the output expected to reach seventy thousand cars a year the partners are investing around three hundred fifty million dollars into the joint venture and of course we'll bring you all the latest from the apec forum as soon as we get the news but for now let's check out to see what's going on the equity markets and first we're looking at a europe where the footsie and the dax are both showing pretty hefty against me. only on the back of mario druggies announcement that he's not only leaving the interest rates unchanged but that the bond market is also going to be that he approved of these unlimited board buying to support the european economy and let's see what's happening here in russia and we're seeing a pretty healthy picture of broad boston gains for bot

now lot to negative now watch as zero dark rosneft is heading to south america the company is to set a sixteen billion dollars into the car boot to that it will share with venezuela as see the page is a busy time for ross search which is also tying up a longs to cross ownership as well they want next year and i'll see we have an interview with the rebel labor party politician jeremy bentham all about the story situation in the middle east the state with r.t. for that. i'm talking to jeremy corbett he's one of more than eighty n.p.t. have signed their support for palestinian statehood jeremy so you all for a two state solution yes i think palestine should be recognized they've been out of the cold for a very long time they are now recognized by very large number of states individually around the world it's time for the un to do the same attempts to create a palestinian state have been failing for almost two decades now can things be different now what's different is that more land has been taken more walls have been built more people have been put in prison and a lot of the palestinia

signed a number of deals on thursday but the most important one perhaps was in the energy sector rosneft in the us oil major exxon mobil have announced plans over their joint projects in russia they plan to start an exploration drilling on the block and cars season twenty fourteen which will be ahead of schedule in the company's also agreed to create a joint venture and to pass two draws them some shares in three of excellence projects in the united states and canada and of course will bring you all the latest from the apec summit on their own friday as well and that's all the latest this hour if you can't wait the fifteen minutes till our next edition you can always find a lot more so. or is it are to the cops watch this so ok great natasha see in an hour from now well i'll be bringing you the recap of today's top stories in just a couple of minutes this is all t. live here in the sky. world with the true science technology innovation all these developments from around russia we've got the huge earth covered. in russia would be so much brighter if you knew about songs from funniest impr

fourteen which is ahead of schedule the company's also agreed to create joint ventures and to pass to rosneft some shares of three of exons projects in the united states and in canada. while that brings you up to date on all the latest here at the business desk and we'll see you back here in fifteen minutes thanks for watching and the next recap of the headlines is coming your way right after that we take a first look at the euro crisis with the former chief accountant for the european commission just a moment stay with us live this is o.t. . in his first t.v. interview since his inauguration what about if mitt.

needs to move on and develop its business in russia which has stalled ever since its a deal with with rosneft in exploring the arctic shelf was blocked by this the russian british joint venture and now also we've had the plenary session address from the president media from the prime minister dmitry medvedev now he has been talking about russia's competitiveness the rights and the he's disappointed that according to recent polls it's at the sixty seventh place stating that basically government institutes are working in efficiently there's very little competition and also that russia needs to have a more competition on the markets and this is basically the highlights the so far. many thanks city that on day to me treatment and care that. summed up next space not lost his gas can be controversial knocking islam really be the only reason behind the protests taking place across the world. if you are passing through rushes to view a region you really can call the wild side thousands of kilometers of unspoiled countryside make up an area where it's still possible to live off the learned and enterpr

my time in the business daniel what do you have for us yet looks like russia's old major rosneft is closing in on t. and k b p the state firms reportedly in talks to pour a fifteen billion dollars to buy half the rosso british venture from b.p. president vladimir putin told a surprise meeting with b.p. of rules and execs late tuesday in sochi talks focused on expanding b.p.'s presence in russia with the british firm eager to keep its lucrative foothold. that checkmark is europe's edging up heineken shares are bubbling as it moves to buy asia's toy a good deal the euro has just gone up on the dollar at this point in the upcoming earning season in europe will disappoint the rubles dropping to the dollar by the flood day over in new york despite unexpectedly good us home sales and national inflation has already hit five percent this year shows new data that's bad for russia's economy that's how moscow closed forty minutes ago and fixed mortgage john mccain has set its sights on catching britain's tesco as it sells its first bonded over a year deal from continuing rapid expansion to russian ret

and rosneft execs late tuesday in sochi areas their talks focused on expanding b.p.'s presence in russia with the british firm still eager to have a lucrative foothold here the euro swung into gains after several days of losses you see there the ruble also closed to the single currency today new york looking up the offer of choppy week that's on better than expected us both of the and i think slightly in the black oil prices some four dollars today of saudi production rises that russian energy stocks in particular russia second biggest lender b.c.b. has announced plans for a two billion dollars secondary public offering it follows rivals which says fully privatized another stake this week president putin has held the company's profitability. position as. we have finalized the sale so seven point five eight percent in spare bank sure over five point two billion dollars it's one of the most profitable returns in recent times after companies like apple every one hundred dollars invested in spare banker decade ago group the main shareholder the central bank three thousand

progress has somewhat altered over the past couple of years especially given that its previous deal with rosneft to develop the arctic shelf was blocked by the russian part this. piece so b.p. for a long time has been wanting to get out of this joint venture now ross never would pay for this stake free market mechanism notably with cash and with its own shares boosting b.p. stake the twelve and a half percent in ross never which would make it the second most important shareholder in gross net and the russian oil giant has always strived to reduce the state's stake in the company so it's in the mutual benefit but we will have to wait until the seventeenth of october to hear any kind of confirmation on the deal being signed because until that day the russian partners in t. and k b b have a priority in purchasing b.p. stake the rich medvedev shares are doing very nicely on that news is up on the minus six the price is higher by almost a dollar today isn't hurting the totally the group is looking to go out on a high after a pretty terrible week the euro is still very fairly flat on the greenberg. is