Mexico's Pemex oil firm posts $17.7 billion loss
Mexico's state-owned energy firm Pemex posted a $17.7 billion loss for 2014, hit by falling crude prices, fuel thefts by gangs and the peso's drop against the dollar.
Kerry to meet Russian, Iranian FMs next week
US Secretary of State John Kerry will meet next week with his Russian and Iranian counterparts seeking an end to fighting in Ukraine and to advance a nuclear deal with Iran.
West's shows 'unwillingness' in Ukraine truce: Lavrov
Russia called Western threats of fresh sanctions against Moscow evidence that Washington and Brussels are not interested in the success of a troubled truce in Ukraine.
26 February 2015
Samruk-Kazyna limits forex transactions of its subsidiaries
Kazakh National Wealth Fund Samruk-Kazyna has ordered its subsidiaries to avoid making unnecessary foreign currency transactions to reduce pressure on the tenge exchange rate in Kazakhstan.
Sony Pictures names new head of movie group
Sony Pictures Entertainment named Tom Rothman as new chairman of its motion picture group, a major move after a massive cyberattack devastated the entertainment giant.
25 February 2015
IMF approves 1.2 bn euro credit line for Serbia
The International Monetary Fund on Monday approved a 1.2 billion euro ($1.4 billion) credit line for Serbia to support its structural and economic reforms.
Moody's downgrades Russia debt to 'junk' level
Moody's cut Russia's debt rating by one notch into 'junk' territory, saying the Ukraine crisis and the fall in oil prices and the ruble will further undermine Russia's economy.