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World

Turkish exporters see profit from Russian ban on Western foods

ISTANBUL (Reuters) - Turkish companies are enjoying a rise in orders from Russia as their government eyes a lucrative long-term opportunity from Moscow's ban on imported Western foods.

World

Poland should cut 2015 GDP outlook on Ukraine worries - Deputy PM

WARSAW (Reuters) - Poland should downgrade its economic growth outlook for 2015 to take account of fallout from the Ukraine crisis and tit-for-tat sanctions between Russia and the West, Polish Deputy Prime Minister Janusz Piechocinski said.

World

Italy counts cost of sanctions as Russia spurns pears, Grana Padano

ROME (Reuters) - Russia has sent entire shipments of Grana Padano cheese back to Italy and cancelled exports of pears from Modena under a food import ban which could cost Italy at least 200 million euros, an agriculture group said on Friday.

World

Moscow fights back after sanctions; battle rages near Ukraine crash site

MOSCOW/KIEV (Reuters) - Russia fought back on Wednesday over new U.S. and EU sanctions imposed over Ukraine even as G7 leaders warned of further steps, while Ukraine's government accused pro-Russian rebels of placing land mines near the site of a crashed Malaysian airliner to prevent a proper investigation.

World

Czechs oppose broad Russia sanctions, see new Iron Curtain

PRAGUE (Reuters) - New European Union and U.S. sanctions against Russia should not hurt the Czech economy, but a protracted trade war could create a new Iron Curtain between the EU and Russia, the Czech government said on Wednesday.

World

Czechs oppose broad Russia sanctions, see new Iron Curtain

PRAGUE (Reuters) - New European Union and U.S. sanctions against Russia should not hurt the Czech economy, but a protracted trade war could create a new Iron Curtain between the EU and Russia, the Czech government said on Wednesday.

World

Czech government warns Russia sanctions may lead to new Iron Curtain

PRAGUE (Reuters) - A protracted trade war between the European Union and Russia would lead to a new "Iron Curtain", the Czech government said on Wednesday, but this week's new EU and U.S. sanctions would not have a major impact on the Czech economy.

World

Israel, Palestinians trade 'war crimes' accusations at U.N. debate

GENEVA (Reuters) - Israel and the Palestinians accused each other of war crimes at an emergency debate at the U.N. Human Rights Council on Wednesday, and both said their actions during Israel's assault on Gaza were within the rules of international law.

Business

Market's attention to Ukraine and Gaza may be limited

NEW YORK: Volatility spiked last Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.

World

France's Le Pen: Eurosceptics to block EU-US trade pact

PARIS (Reuters) - France's Marine Le Pen sees her far right National Front joining force with other Eurosceptic parties in the next European Parliament to block a major transatlantic trade pact billed by supporters as vital for global growth and jobs.