Bank Rossii lowered the refinancing rate, seen as the limit for borrowing, to 11.5 percent from 12 percent and reduced the repurchase rate charged on central bank loans to 10.5 percent from 11 percent. The cuts are effective as of Friday.
Germany's foreign minister heads to China this weekend for talks focused on tense economic ties between Europe and Beijing, particularly in the area of rare earths, Berlin said Friday.
Streaming giant Netflix has agreed to acquire film and television studio Warner Bros. Discovery for nearly $83 billion, the two U.S. companies announced Friday.
Jhon Duran scored with a powerful header in the final moments of second-half stoppage time to salvage a 1-1 draw for Fenerbahçe against league leader Galatasaray in a fiercely contested Intercontinental Derby on Dec. 1, preventing the visiting side from increasing its lead at the top of the Turkish Süper Lig table.
