breakingnews
11.03.2009, 15:43
Russia’s largest mobile operator, Mobile TeleSystems, or MTS, has posted a FY 2008 Net Income of $1.930 Billion under U.S. GAAP.
11.03.2009, 10:58
Russian steelmaker, Severstal, has posted a FY 2008 Net Profit of $2.034 billion under IFRS.
09.03.2009, 11:33
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Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
12.11.2009, 14:36
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On Thursday, Russian President Dmitry Medvedev delivered his second address to the nation’s parliament, The Federal Assembly. He touched on urgent problems society currently faces, and spoke of pragmatic solutions.
12.03.2010, 14:39
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Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
01.06.2009, 22:02
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The international monetary fund has issued a new forecast for the Russian economy for this year. It's predicting a sharp contraction, but there's some good news amongst the grim statistics.
19.03.2010, 13:31
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President Medevev has announced during a speech to young scientists that Russia is to build its equivalent of Silicon Valley in the village of Skolkovo near Moscow.
29.09.2009, 20:04
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Russia is preparing for a new wave of privatization according to Prime Minister Vladimir Putin. The move could help not only improve Russia’s budget outlook, but also its image.
18.12.2009, 11:24
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Vladimir Putin has ordered an extra $700 million to be pumped into the country’s aircraft manufacturers.
20.02.2009, 17:58
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The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
Published: 11 March, 2009, 18:07
The visit by a team of Credit Suisse bankers to Moscow has bankers in Russia thinking it could be the prelude to consolidation in the domestic banking sector.
