Update 7: Russia Rejects US Injunction Over Yukos
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Russia pledged on Friday to ignore a US court ban on the looming auction of oil giant Yukos&#39; key production unit, while a consortium of Western banks reportedly put on hold billions of dollars in credit for the state-run Russian gas company that was
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The giant Russian oil firm Yukos has failed to convince a Moscow arbitration court to suspend the sale by bailiffs of its Siberian subsidiary to satisfy a $3.4 billion tax debt.
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Russia is set to go ahead with a sale of the main production asset of Yukos, the countryâs embattled oil company, despite an injunction issued late yesterday by a US court.
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Russia rejected on Wednesday U.S. criticism of sweeping political changes proposed by President Vladimir Putin, saying this was strictly Moscow's business.
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A US court  will rule on whether to block the forced auction of Yukos assets on Thursday,  the company says.
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MOSCOW: Russia forged ahead yesterday with the weekend auction of the core asset of crippled oil giant Yukos despite a US court order barring the sale, as the state-controlled gas monolith Gazprom entered the bidding.
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HOUSTON A district judge tonight upheld a temporary injunction halting the Moscow auction of a key production subsidiary of Russian oil giant Yukos.
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A U.S. bankruptcy court on Thursday  stepped into the battle between YUKOS and the Russian  government, issuing an order to block Sunday's auction of the  company's main oil-producing arm for 10 days.
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MOSCOW  - A Russian court was to consider the beleaguered Yukos oil company's appeal on Tuesday to suspend government efforts to collect &#36;3.4 billion US (&#36;4.5 billion Cdn) in back taxes -a massive bill that has put Russia's largest oil producer on the verge of ruin.
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Oil giant Yukos files for bankruptcy protection in the US to try to stop the Kremlin auctioning its main assets.
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Russia rejects US criticism of plans to strengthen central government control in the wake of the Beslan siege.
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A Moscow court has rejected a request to drop part of the criminal case against the jailed former chief of Yukos oil company, Mikhail Khodorkovsky.
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MOSCOW - Russia is vowing to proceed with an auction of oil giant Yukos&#39; key production subsidiary, saying a US court ban is irrelevant.
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Russia on Wednesday curtly rejected U.S.  criticism of sweeping political changes proposed by President  Vladimir Putin, telling Washington to stay out of its business.
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Russia on Wednesday curtly rejected U.S. criticism of sweeping political changes proposed by President Vladimir Putin, telling Washington to stay out of its business.
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The embattled Russian oil group Yukos has filed for bankruptcy in the US and appealed for a temporary injunction preventing the forced sale of its main production unit, it was announced today.
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MOSCOW  - A Russian court on Thursday rejected an appeal by the Yukos oil company seeking to overturn a freeze on the accounts of the struggling oil giant's core subsidiaries.