are in talks with the government and rosneft to drill in russia's offshore areas they're among twenty three domestic and foreign companies conducting exploration from the continental shelf. part of this scheme is working quite effectively in this stockman project there are big global oil and gas companies like total and start all working there recently. sign an agreement to work out the black sea shelf talks with big oil and gas companies including x. and b.p. are in the way you should. look at the markets. have certain doctor really gains them in their activity boosts growth quote but bill and general electric are both down after takeover bids ball for wall street and compelling technologies you're being driven hard by miners because i missed some friends in the over the top to gain this on the footsie they're both up over three percent as the price of copper source to record highs. and russian markets closed in the black this evening on the back of that struggle oil price but they dropped a little from morning highs energy is the standout sector gazprom rosneft hydro all drove gains

are in talks with the government and rosneft to drill in russia's offshore areas they're among twenty three domestic and foreign companies conducting exploration from the continental shelf. had to pass through this scheme is working quite effectively in the stock market project there are big global oil and gas companies like total start working there recently ross newton should sign an agreement to work out the black sea shelf talks with big oil and gas companies including max and b.p. are under way you should check on equities now the nasdaq has gone flat in the afternoon but the dow remains higher on hopes lawmakers will extend tax breaks for general electric and they'll both down to the takeover of u.k. firm world stream today bill completed the purchase of compellent technologies. europe closed higher thanks to mining gains and friends near with the top two earners on the footsie goes up from four percent as the price of copper source to record highs. across the markets also closed in the black today on the back of that strong gulf oil price but they drop back a little from mornin

performing now and here in moscow of course is a slide in with energy stocks weighing on the markets rosneft is the only game on the l.t.s. pitching a move seven percent araf right shares have dropped four point three percent on news of a stake stay or will have more than that in it over to europe well stock markets are calling slightly with the drug and food sector we've been against jen she was at one point five percent off it was upgraded by morgan stanley the first she has a raised earlier losses and is trading back in the black. markets also low with investors concerned over beijing possibly raising interest rates the nikkei has slipped from a seven month high on friday on profit taking both down more than seven percent thanks and has also dropped sending the benchmark index to its full weekly decline in five weeks. to news in brief for you now the national bank of ukraine the ruble to its currency reserves bank they should say the decisions are already been approved by the i.m.f. it's part of a plan to boost the role of national currencies in bilateral trade. u.s. regulators have froze

alexei miller and bell routes that it will lift toys with the key transit state to europe but may just rosneft call phil as the price of light sweet hold on the eighty nine dollars a barrel. russia's biggest miner meanwhile morris nickel has sold its entire stake in u.s. metals company stillwater nickel sold thirty seven million stillwater shares to the public at nineteen dollars fifty each and the remaining nine million to u.b.s. securities the russian mining giant says it's selling shares to focus on its core operations. to keep b.p. says it will invest three hundred million dollars next year in russia's joint u. more peninsula the energy firm will spend two thirds of the budget on development of the field and deposits of its gas subsidiary role spend the investment budget is part of the company's ambitious plans to double gas production within a decade retail news now the world's biggest retailer wal-mart is leaving rochelle wal-mart has long been trying to buy its way into the market but says it's failed to find enough attractive targets the company has closed its moscow office saying ther

in russia they've closed off to the altar yes ending the day in positive territory erasing losses rosneft was among the worst performers of the r.t.s. down movement home for the percent. russia and germany have been among the false deuce growing stock markets this year both the l.c.s. and the my sex have grown by more than twelve percent so you get a severe will from deutsche bank russia explains the reasons for the gains. performance of the us market this year was are more the first from the of this in the increase promoted from from principal some through the since the beginning of the year and the surprise for the russian market the beautiful fall in or the price of oil price was real to the storm and i were in the one hundred dollars per barrel what the russian market. perform for well more the optimism i think sort of lived for before some people looked at the crisis made a peep and some more expected double dip what this is going to some out of the market or license consumer prices in russia have risen eight point seven percent since the beginning of the year slightly higher than of

rosneft is the biggest winner up maybe one percent share of what's shares have dropped four point three percent on news of the stakes a lot of war about that in a minute now though over to europe a stock markets are climbing slightly with the drug and food sectors leading the gains renshaw is up one point five percent after its upgraded by morgan stanley but c. has raised losses and is trading back in the black this hour. and briefly now the national bank of ukraine will out the ruble to its currency reserves bank should say the decision has already been approved by the i.m.f. is part of a plan to boost the role of national currency by actually trying. u.s. regulators the frozen the assets of unnamed investors who shares russian jews group done just before pepsico announces takeover bid one of the news a swiss bank account to buy four hundred thousand american depository receipts which are a proxy for wimbledon's shares of the new york stock exchange it's illegal in most developed markets to use insulin for made. to profit from moves and share prices last july russia adopts a law agains

and even don't pull into territory raising losses rosneft was among the worst performers of the r.t.s. down more than half a percent. russia and germany have been among the false deuce growing stock markets this year but the l.c.s. in the my sex have grown by more than twelve percent so a severe all from deutsche bank russia explains the reasons for the gains. performance of the russian market this year was are more than it was from their universe in the increase from old from fifteen twenty percent to the since the beginning of the year and the surprise for the russian market could be in the fall of the oil price well the price was real to the storm and i were in the one hundred dollars per barrel what the us market. performs a world full of more the optimism i think of sort of live for before some people look at the. crisis made a peep and some more expect double dip what they are going to send out of debt like their life for consumer prices in russia have risen eight point seven percent since the beginning of the year slightly higher than officials for calls still the lowest level

ended we don't positive territory erasing losses rosneft was among the worst performers of the r.t.s. down more than half a percent. russia and germany have been among the false just growing stock markets this year but in the my sex have grown by more than twelve percent so a severe off from deutsche bank russia explains the reasons for the gains. performance of the us market this year was are more than it was from and there you have this in the increase the load from fifteen twenty percent to the since the beginning of the year and the surprise for the russian market to be in before the oil price price was real to the storm now where we are in that one hundred dollars per barrel what the us market. perform so well before is a more the optimism i think is sort of weird for the for some people but the. crisis might approve and some were expecting double dip what this is going to some out of the market or license consumer prices in russia have risen eight point seven percent since the beginning of the year slightly higher than officials for cost but still the lowest level inflation in t

the black on monday on the back of strong but well prices energy was the standout sector gazprom rosneft and news hydro were all driving gains for its burbank over the top with up over two percent ron paul main courses that's after a source at russia's biggest lender said profits this year the top two hundred billion rubles more than square bank official forecast. and a jump in all prizes has boosted russian stock markets but peter westin from out on says investors are looking at sect. i do think at this point of time we do like the consumer story even though we've had very disappointing economic data for this year we were expecting at the beginning of the year more than six percent growth has not materialized mainly due to the fact that we were seeing very strong sort of harsh weather conditions both in the winter as well as the summer that are sort of back track to recover some of that but we do believe that going into two thousand and eleven that the economy will surprise in the upside compared to consensus numbers and in that sort of perspective the domestic demand story should be th

quarter of a percent on the my side scheme just a notch and it just stocks were on the rise of with rosneft up more than one hundred percent on my sex. rational stocks will see a positive start next year with high commodity price supporting the market that's according to mark rubenstein i've seen. in commodities we're seeing we continue to see strength in commodity prices and. yeah in there with oil segment and then the middle segment and this is just another sort of indication where are we heading for the next year which i think we're heading this conclusion days of the year or is this just a good time to sort of look at your positions and think our strategy for the next year. government is having another go at improving russia's notorious grows this time by increasing spending that's according to the head of russia's federal road agency must leave the ship goods upon util the. next year from the federal budget a total of around three billion dollars will be allocated for all the roads in the country that's an increase of over twenty percent from two thousand and ten which that's why we pl

rosneft shedding one point eight percent and luko losing more than one percent on the my six guess from as we can see is just flat at the moment russia's biggest one north nickel sold this entire stake in u.s. metals company still water nor nickel sold thirty seven million shares their will to share to the public at nineteen dollars fifty and the remaining nine million shares the u.b.s. securities russian mining giant had said it was selling its shares to focus on its corporation's. thank you b.p. says it will invest three hundred million dollars next year ross says join. the energy firm will spend two thirds of the budget on development of field and fields of its gas subsidiary investment budget is a part of the company's earlier announced plans to double gas production in ten years. now the world's biggest retailer wal-mart is leaving russia wal-mart has long been trying to buy its way into the markets but says it's failed to find enough attractive targets and company has closed its most office saying there was no reason to remain despite a continued interest in russia is the second b

rosneft is the biggest winner up nearly one percent error for shares of drop four point three percent on news of a stake sale more than that in a minute's time now though over to europe and stock markets are mixed this hour with the drug and food sector leading the gains but enjoys up one point five percent after it was upgraded by morgan stanley tookie sliding into the red this hour. the news in briefly now the national bank of ukraine will add the ruble to its currency reserves bank officials say the decision has already been approved by the i.m.f. is part of the plan to boost the role of national currencies in bilateral trade. us regulates the photos of the assets of unnamed investors who bought shares in russian jews group done just before pepsico announces takeover bid one of the muses swiss bank account to buy four hundred thousand american depository receipts which are a proxy for wimbledon shares on the new york stock exchange it's illegal in most developed markets to use inside information to profit from moves and share. prices last july russia adopted the law against insider

stronger oil price dropped back a little for the morning highs energy is the standout sector gazprom rosneft amorous hydro all drove gains but was the top blue chip today up over two percent both main bourses source of russia's biggest lender said profits this year could top two hundred billion rubles that's more than official forecast. peter westin chief equity strategist at at on sums up the key factors driving the market forward we have good news out of both china and the u.s. on friday and that still having an impact on the market today also looking at the world price with moving up towards the eighty nine level barrel so this also supportive and looking at the performances that we've seen today banks and industrials are leading we are seeing a slight correction in metals which has been one of the best performing sectors this year but nevertheless it's banks that have taken the key role does today. see business this hour join us for more in fifty minutes time. download the official antti have location two i phone or i pod touch from the i.q. exams to. watch on t.v. life on the go. video

and even day in positive territory erasing earlier losses rosneft was among the worst performers in the arts yes down more than hot percent. russia and germany have been among the false just growing stock markets this year both e.l.t.'s the my sex have grown by more than twelve percent so you severe all from deutsche bank russia explains the reasons for the gains. performance of the us market this year was more than it was from the person that increased the vote from fifteen twenty percent to the since the beginning of the surprise for the russian market could be in the fall that will the price of oil price was real to the storm and i were in the one hundred dollars per barrel what the us market. perform for world for more the optimism i think is sort of weird for before the sun people expect that the crisis might approve somewhere expect double dip what. are some out of the market or lesser consumer prices in russia have risen eight point seven percent since the beginning of the year slightly higher than officials for cost first the lowest level of inflation in the country's history bu

little mages rosneft and luko fell as the price of light sweet hold on the eighty nine dollars a barrel. much as big as mine an oil slick hole has sold its entire stake in u.s. metals company stillwater nor nickel sold thirty seven million stillwater shares to the public at nineteen dollars fifty and the remaining nine million to u.b.s. securities the russian mining giant had said it was selling its shares to focus on corporations to keep the peace as only invest three hundred million dollars next year in russia's joint u. mo peninsula the energy firm will spend two thirds of the budget on development of the risk fields and fields of its gas subsidiary rules the investment budget is part of the company's earlier announced ambitious plans to double production within a decade. now the world's biggest retailer wal-mart is leaving russia wal-mart has long been trying to buy its way into the market but says it's failed to find enough attractive targets the company has closed its moscow office saying there was no reason to remain despite its continued interest in russia is the second big inte

the yes rosneft is shedding our one point eight percent losing more than one percent on the my six probably more losing point seven of a percent this our. forces biggest minded little cynical has sold its entire stake in us metals company stillwater nickel sold thirty seven stillwater shares to the public at nineteen dollars fifty and the remaining nine million shares for u.b.s. securities the russian mining giant had said it was selling its shares to focus on its corporations. taking b.p. says it will invest three hundred million dollars next year ross has joined you more peninsula the energy firm will spend two thirds of the budget on development of risk fields and fields of its gas subsidiary. investment budget is part of the company's. plans to double gas production in ten years. burbank is considering selling five percent of its shares on the london stock market in the form of global depository receipts currently russia's biggest lender is only listed on domestic policy is making its whole to reach for international funds has been one of the main drivers of the market this week accordi

of that stronger oil price but they shed a little from morning highs energy is the standout sector rosneft gazprom and hydro all drove games. top blue chip today both men bosses that's after a source of russia's biggest lender said profits this year could top two hundred billion rubles much more than the burbank official forecast. to western chief strategist that sums up the key factors driving the market forward we have good news out of both china and the us on friday and that still having an impact on the market today also looking at the world price we're moving up towards the eighty nine level a barrel so there is also supportive and looking at the performances that we've seen today banks and industrials are leading we are seeing a slight correction in metals which has been one of the best performing sectors this year but nevertheless it's banks that are taking a key role this today. and finally this hour the world's biggest retailer wal-mart is leaving rochelle wal-mart has long been trying to buy its way into the market but says it's failed to find enough attractive targets the compan

company head alexei miller and that should lift toys with the current key transit state to europe just rosneft and luke or both well as the price of light sweet hold on the eighty nine dollars a barrel. russia's biggest miner meanwhile the us nickel has sold its entire stake in u.s. metals company stillwater nicol sold thirty seven million stillwater shares to the public at nineteen dollars fifty each and the remaining nine million to u.b.s. securities the russian mining joint had said it was selling its shares to focus on core operations. was biggest retailer wal-mart is leaving russia wal-mart has long been trying to buy its way into the market but says it's failed to find enough attractive targets the company has closed its moscow office saying there was no reason to remain despite its continued interest in russia wal-mart is the second big international retailer to leave this country this year of the front of these colorful fail to make its business profitable and more this may be bad for russian shoppers expert thinks is probably good news for domestic retailers. as simple as the for the