breakingnews
09.03.2009, 10:02
Russia is one of the world's fastest growing dairy markets but declining cattle numbers are starting to limit further growth. That means the Russian dairy industry is turning to technology to boost productivity.
06.03.2009, 19:55
One of Russia's biggest restaurant chains, Rosinter, expects revenue to drop 10% this year, and may close up to 4% of its restaurants in the face of a deteriorating market that is forcing owners to cut costs or opt out.
06.03.2009, 19:45
The governments of the World's leading economies should boost spending in order to fight recession according to Nomura’s Chief Economist, Richard Koo.
30.01.2009, 20:22
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While the world economy collapses the American dollar continues to strengthen its position in the world, to little wonder – it’s getting back to its basics as the backup currency on every continent except Antarctica.
22.10.2010, 12:46
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Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.
03.04.2010, 09:07
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Russian pawnshops increased lending by 18% last year amid the on-going financial crisis. But it's likely to fall back as banking gets stronger.
15.07.2010, 13:07
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Sberbank will introduce individual interest rates for retail borrowers depending on financial data including credit history and wealth, which, experts say, will bring tighten its grip on lending.
29.09.2010, 16:20
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Russia is looking to boost financial literacy levels, with the New Economic School and the Citi Foundation starting joint development of a unique multimedia project on personal finance management.
27.10.2010, 15:10
Russia’s Central Bank is extending the moratorium on excluding the banks from the Deposit Insurance System until July 1, 2011, with analysts saying a deeper change in financial criteria is necessary.
21.12.2009, 21:08
Russia’s largest bank, Sberbank, global creidit bureau operator, Experian, and Russian news agency, Interfax, have created a unified credit bureau, enabling more consumer loans and reduced risks for lenders.
Published: 09 March, 2009, 11:33
Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
The article ends: ”The Wild Orchid’s strategy – and its bright future relies on Russian women understanding that sexy doesn’t automatically mean expensive.” What a subtle vector emanates from this “Russian women understanding”! What a Slavic treasure! Calling you, letting the room for little you, finding you, just yourself…What a brilliant religion!