Pro-Russian protesters in eastern Ukraine defied pleas to disarm as officials in Kiev pledged to honor an accord reached in Geneva and an international group began expanding its presence to help defuse the crisis.
Pro-Russian protesters in eastern Ukraine refused to lay down their arms even as the government in Kiev pledged to abide by an accord reached in Geneva, testing anew Russia’s willingness to help defuse the crisis.
Consolidated Edison Inc. was sued by retail natural-gas suppliers seeking to block the utility from passing on costs they claim stem from the company’s bad predictions for gas demand last winter, the coldest in 30 years.
Royal Dutch Shell Plc plans to expand the Sakhalin-2 oil and gas project in Russia’s Far East, the country’s only producer of liquefied natural gas, as it seeks to boost its presence in the Asian energy market.
Reliance Industries Ltd., operator of the world’s biggest oil refinery complex, reported its highest quarterly profit in more than two years as a decline in the value of the rupee boosted export earnings.
Russian stocks rose the most in more than three weeks and bonds gained after talks on Ukraine yielded an agreement aimed at easing the conflict. The ruble weakened after surging the most this month yesterday.