Moscow / AFP The Russian government has unexpectedly halted the sale of its stake in oil producer Bashneft planned as part of a privatisation drive to shore up dwindling financial reserves, reports said Wednesday. The decision to postpone the sale indefinitely, reportedly taken by Prime Minister Dmitry Medvedev and agreed with President Vladimir Putin, came after the economy ministry ...

  Bloomberg Poland’s law restricting the proximity of turbines near homes is bringing the wind-energy industry to a standstill, according to environmental researchers. At stake are more than 500 million zloty ($131.4 million) spent by investors to date on developing wind projects, according to a survey published on the website of Ambiens sp. z o.o. Environmental consultants last month polled ...

  Portugal / Bloomberg Portugal’s government bonds fell for a second day amid speculation that ratings company DBRS Ltd. may downgrade the nation’s sovereign debt. The country’s 10-year bond yield rose to the highest in more than two weeks. DBRS’s rating of BBB (low) leaves it the only major company to rank Portugal’s debt as investment grade. That’s essential for ...