Market Snapshot
  • U.S.
  • Europe
  • Asia
Ticker Volume Price Price Delta
DJIA 15,427.40 +39.86 0.26%
S&P 500 1,673.04 +3.88 0.23%
Nasdaq 3,512.72 +10.59 0.30%
Ticker Volume Price Price Delta
STOXX 50 2,816.50 -5.15 -0.18%
FTSE 100 6,819.57 +15.70 0.23%
DAX 8,471.03 -1.17 -0.01%
Ticker Volume Price Price Delta
Nikkei 15,627.30 +246.24 1.60%
Hang Seng 23,261.10 -105.29 -0.45%
S&P/ASX 200 5,165.37 -14.69 -0.28%
WATCH LIVE

Russian Railways Says Libyan Conflict Cost 6.5 Billion Rubles

OAO Russian Railways, the state-run rail monopoly, booked 6.5 billion rubles ($222 million) in asset-impairment charges because of Libya’s military conflict.

Russian Railways had to suspend building a $1.5 billion railroad linking Sirte and Benghazi and lost money after ongoing construction works went unpaid, the Moscow-based company said in its earnings report for the six months ended June 30.

To contact the reporters on this story: Ekaterina Shatalova in Moscow at eshatalova@bloomberg.net; Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

Bloomberg moderates all comments. Comments that are abusive or off-topic will not be posted to the site. Excessively long comments may be moderated as well. Bloomberg cannot facilitate requests to remove comments or explain individual moderation decisions.

Sponsored Link