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  • Russia to appeal Hague ruling ordering $50bn compensation to Yukos shareholders

    Russia has accused a Hague court of political bias after it ruled that it should pay $50bn (37bn euros) in damages to the defunct oil giant Yukos. Moscow lawyers say an appeal will be launched against the decision which is the biggest compensation ..

  • Russia shares tumble on Yukos ruling, sanctions fears

    Moscow's dollar-denominated RTS stock market index dropped 2.5 percent on Monday, while the broader MICEX index, which trades shares in Russian ruble, slumped 2 percent. The Russian currency itself was down 0.7 percent against the US dollar and the ..

  • Ex-Yukos shareholders awarded compensation

    The Russian Federation must award $50 billion (37.2 billion euros) to Group Menatep (GML), which used to own 60 percent of Yukos, the Russian oil giant that was expropriated by Russia in 2006. The Permanent Court of Arbitration in The Hague handed ..

  • Russia ordered to pay $50 bn in damages in Yukos bankruptcy case

    Russia has been ordered to pay $50 bn in damages to shareholderes in the defunct investor-owned oil company Yukos. The Court of Arbitration in the Hague was scathing in its judgement. Emmanuel Gaillard is lawyer for the claimants: 'The tribunal has ..

  • Grosskreutz grateful to Schweinsteiger

    The Dortmund man has admitted that it was not easy not to be involved in Brazil and is keen to fill Philipp Lahm's void in the teamBorussia Dortmund wing-back Kevin Grosskreutz has thanked BayernMunich midfielder Bastian Schweinsteiger for his ..

  • Libya oil corp. fears catastrophe as depot fire rages

    The state-owned National Oil Corporation said on Monday that firefighters battling the blaze at the fuel storage depot in southern Tripoli had been forced to abandon their efforts. 'Firefighters have been trying for hours to put out the blaze but ..

  • Ex-Yukos demand compensation from Russia

    The Permanent Court of Arbitration (PCA) in The Hague will hand down a verdict on Monday (28.07.2014) in a case brought by the Gibraltar-based Group Menatep (GML) against the Russian Federation. The group is accusing Russia of expropriating the ..

  • Reports: Ex-Yukos shareholders awarded compensation

    According to reports, the Russian Federation must award $50 billion (37.2 billion euros) to Group Menatep (GML), which used to own 60 percent of Yukos, the Russian oil giant that was expropriated by Russia in 2006. The Permanent Court of ..

  • Ex-Yukos demand compensation from Russia

    The Permanent Court of Arbitration (PCA) in The Hague will hand down a verdict on Monday (28.07.2014) in a case brought by the Gibraltar-based Group Menatep (GML) against the Russian Federation. The group is accusing Russia of expropriating the ..

  • Opinion: No coup looming for Putin

    Five months - that's how much time the European Union let pass before following its words with actions. Finally, Europe decided to respond to Russia's Ukraine politics with tough economic sanctions. Brussels was moved to act neither by the ..