By John Helmer in Moscow The Mechel steel and coal group has failed for the second time in two months to agree with its bankers on repayment of a year-old $1.5 billion loan. The news, first issued in Moscow as trading commenced on the New York Stock Exchange, where Mechel is listed, dropped the share […]
By John Helmer in Moscow Following the weekend European Union (EU) summit meeting with Russia in Khabarovsk, Gazprom chief executive Alexei Miller warned yesterday in Moscow that if the Ukraine cannot pay the tab for past-due bills for gas, or for future deliveries for winter storage, and if the European Union won’t lend the money, […]
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