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How the oil collapse stole Russia’s Christmas

January 11, 2016 by · Leave a Comment 

LONDON/MOSCOW (Reuters) – A plunge in the oil price to 12-year lows during Russia's New Year and Orthodox Christmas break means the country returns to work on Monday with its economic recovery and once-mighty savings war chest on the line. Crude's collapse from $100 a barrel since mid-2014 has already pummeled Russia, which relies

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How the oil collapse stole Russia’s Christmas

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GM Europe operations still loss-making in 2015: CEO in magazine

January 11, 2016 by · Leave a Comment 

The European division of General Motors was still loss-making in 2015, but hopes to return to profit this year, the division's chief executive told a German magazine. General Motors

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GM Europe operations still loss-making in 2015: CEO in magazine