Sky High

Investors flee emerging markets

Trading was halted in Russia and Brazil as markets dropped, reeling from the effect of the foreign investment retreat

No sign yet that the bubble of fear will burst

More than $1,300bn has been wiped off emerging markets, enough to sink the notion that Bric economies have 'decoupled' from the West

TNK-BP to start afresh with new board

The acriminous dispute between BP and its Russian joint venture partner comes to an end ahead of possible share sale

Putin blames America for world economic crisis

Relations between Russia and the US hit a new low as Vladimir Putin blamed America's financial system for the global crisis

Prokhorov pays $500m for half of bank

Russia's fifth-richest man swoops to buy 50 per cent stake in Renaissance Capital, with plans to turn it into a global bank

Prokhorov buys 50% stake in Renaissance Capital

The Russian billionaire pays $500m for half of Renaissance Capital and says that he has plans to turn it into a global bank

Russia stocks surge after intervention

Frantic trading pushed markets more than 20 per cent higher after the fourth suspension by regulators in as many days

The oligarchs are piling in to Russian markets

Moscow's financial regulators have stopped trading in a futile attempt to halt the financial hurricane

Russian shares surge despite hour interruption

Reopening of Moscow stock markets enables shares to rise by 24% after Government pumps in billions of roubles

Medvedev pours in more oil billions

Russia’s stock exchanges remained closed as the President ordered billions of pounds to be pumped into the financial system

Russia pumps £25bn into system

Russian regulators suspended trading in the country's stock exchanges again as stocks, particularly banks, took a pummelling

Trading suspended on Russian stock exchanges

Rouble-denominated Micex hit by its largest percentage fall since meltdown triggered by Russia's 1998 financial default

Just when you thought it was safe

Disney is plans Chinese and Russian productions of High School Musical in bid to take the film franchise in emerging markets

Even Medvedev cannot stop stock slide in Moscow

President tries to calm the plummeting Russian stock market and reassure investors as cash flees the capital's markets

Opec plans closer links with Russia for oil

Top-level delegation from Opec to hold a joint workshop with the Russians on global oil supply, demand and market issues

TNK-BP is independent oil major in new deal

Six-months' long dispute is over as BP and Russian partners come to an agreement on the future of $54 billion joint venture

Europe's weak hand in game of power

Vice-President Dick Cheney is a veteran of the Caucasus conflict and he is back, trying to rally support for a failing strategy

Asian central banks step in amid chaos

Authorities in Malaysia, Indonesia, the Philippines and India intervened to stem turbulence in Asian foreign exchange markets

BP's Russian venture dents credit rating

Citing doubts over the long-term ownership of TNK-BP, Standar & Poor cut rating on BP's corporate debt from AA+ to AA

ONGC pips Sinopec in race for Imperial

London-listed oil explorer has recommended acceptance of the Indians' £1.4 billion takeover bid, worth £12.50 a share