Japan to retain oil and gas interests in Russia  

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Bus plummets into river in St Petersburg leaving several dead (VIDEOS)

Local police have said that there were at least 20 passengers on board the vehicle at the time of the accident A passenger bus fell into a river in the Russian city of St Petersburg, killing at least seven people, the Investigative Committee has said.

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Europe’s biggest economy faces wave of bankruptcies — banking chief

Aggressive sanctions against Russia are sending financial shockwaves through Germany Germany will be battered with a wave of bankruptcies due to Ukraine-related sanctions against Russia, according to Commerzbank Chief Executive Officer Manfred Knof.

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