Feb. 1 (Bloomberg) — Serbia’s pro-western president, Boris Tadic, is fighting a nationalist challenger in a Feb. 3 election that may determine whether the former Yugoslav republic moves closer to the European Union or retreats into isolationism.

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Russia Creates a $32 Billion Sovereign Wealth Fund
New York Times, United States -3 hours ago
The state-owned natural gas monopoly Gazprom is buying gas pipelines and gas storage facilities in Europe though officials there have suggested the company

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Tadic Faces a Close Vote, With Serbia's Pro-EU Course at Stake
Bloomberg -57 minutes ago
Russia's OAO Gazprom, the world's largest natural-gas producer, last week gained control of Serbia's national oil company and laid out plans to route a

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Russia has split its oil proceeds into two funds and has cleared the way for one to invest in foreign stocks and bonds, officials said. Actual investments are not expected to begin until next fall.

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The Albatross Hanging Over Gazprom's Fate
The Moscow Times, Russia -1 hour ago
One of the reasons might be tied to Gazprom's recent push to be listed on the New York Stock Exchange. In order to do this, Gazprom must do some serious

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Capitalization of Russian stock market decreases 3.06% on Thursday
Interfax Russia, Russia -3 hours ago
The leaders in market value were Gazprom (RTS: GAZP), with $282.898 billion, Sberbank RF (RTS: SBER), with $77.929 billion, and Rosneft (RTS: ROSN),

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Shell Profit Misses Estimates on Falling Production (Update7)
Bloomberg -1 hour ago
In Russia, Shell suffered a setback at the hands of OAO Gazprom when the state-run company in 2007 completed its purchase of a majority stake in the

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ADEM Dogan, a Turkish-born used-car salesman from Leverkusen, Germany, never thought much about chicken farming until he got to Turkmenistan 10 years ago.

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Jan. 31 (Bloomberg) — Royal Dutch Shell Plc, Europe’s biggest oil company, posted fourth-quarter earnings that missed analysts’ estimates for the first time in two years because of a decline in production and lower refining margins.

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Jan. 31 (Bloomberg) — Royal Dutch Shell Plc, Europe’s biggest oil company, posted fourth-quarter earnings that missed analysts’ estimates for the first time in two years because of a decline in production and lower refining margins.

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