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17.06.2009, 17:15

Volgatelecom posts FY 2008 Net Profit of 2.9 billion Roubles

Russian regional telecom, Volgatelecom, has posted a FY 2008 Net profit of 2.9 billion Roubles under IFRS.

17.06.2009, 10:38

BRIC’s look for more diversity in reserve currencies

The worlds major emerging economies – the BRIC nations – are looking at buying each others bonds, and a greater IMF role, to minimize reliance on the U.S. dollar in their talks in Ekaterinburg.

17.06.2009, 14:17

Pikalyovo touches on plight of Russia’s ‘monocities’

The North western town of Pikalyovo has come to symbolize the towns across Russia for which the collapse of a major industry or employer has meant dire straits for the whole community.

Dmitry Medvedev (RIA Novosti) 18.06.2010, 17:07 4 comments

President’s keynote St. Petersburg address focuses on modernization

Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.

30.12.2009, 20:48 2 comments

Economic worst avoided with much still to do

Wednesday saw the Russian government discuss this year's economic performance and the anti-crisis measures to be implemented in 2010.

08.06.2009, 12:56 1 comment

Innovative economy needs major reforms

Rosnano CEO Anatoly Chubais says developing an innovative economy involves major reforms, and thinking strategically.

13.08.2009, 16:39 1 comment

Magna Sberbank proposal on Opel finalised

Canadian car parts group Magna, along with Russia's Sberbank, have finalized their proposal to buy General Motors German subsidiary, Opel.

The Opel car factory (AFP Photo / Georges Gobet) 11.09.2009, 18:17 1 comment

The benefits for Russia of buying into Opel

By the end of the year, the Russo-Canadian joint venture will reach a deal to take a stake in Opel. But what does the Russian side gain?

23.06.2010, 10:44 1 comment

Russian-Italian helicopter project launched

Italy’s Agustawestland and Russian Technologies State Corporation have launched a joint venture in producing hi-tech helicopters in Russia.

Dmitry Medvedev (2-R) and Arnold Schwarzenegger (R) during Medvedev`s visit to the CISCO office (AFP Photo / RIA-Novosti / Kremlin / Dmitry Astakhov) 24.06.2010, 12:22 1 comment

Cisco commits to Skolkovo as President looks over hi tech role models

Russian president Dmitry Medvedev is looking over California’s silicon valley on his trip to the US, as American technology giants take increasing interest on his plans for the modernization of Russia.

China and Russia look to rebuild trade ties

Published: 17 June, 2009, 20:47


Illustration by David C. Chen

China's trade with Russia has declined 40% this year as the global economic slowdown has hit. But despite Chinese government departments being ordered to "Buy Chinese," the two countries want to rebuild trade volumes.

 
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