Bloomberg Poland has returned to the international debt market with a reopening of the 20-year euro-denominated bond it sold in January, days before a shock credit rating downgrade left investors nursing losses on Polish assets. The country is offering bonds maturing in January 2036 with guidance of about 130 basis points above midswaps, according to a person familiar with ...

Bloomberg Russia’s ruble advanced for a fourth day, the longest winning streak in almost three months, as investors turned their attention to a weekend meeting between oil producers that’s driving up the price of crude on speculation suppliers may freeze output. The currency strengthened 0.4 percent to 65.486 against the dollar in Moscow, bringing the gain over the past four ...

  Bloomberg Two years ago, BP Plc said international sanctions against Russia could hurt its business there. Didn’t happen. Instead, London-based BP has found a haven in Russia, buttressed by a falling ruble, lower taxes and the lowest operating costs among the world’s biggest oil companies. BP earned 22 percent of adjusted pretax profit from its share in Moscow-based OAO ...