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07.09.2009, 16:27

Megafon posts 1H 2009 Net profit of 20.1 billion Roubles

Russian cellular provider, Megafon, has posted a 1H 2009 Net Profit of 20.1 billion Roubles under U. S. GAAP.

Image from severstal.com 07.09.2009, 12:30

Severstal posts 1H 2009 Net Loss of $944 million

Russian steelmaker, Severstal, has posted a 1H 2009 Net Loss attributable to shareholders of $944 million under IFRS.

04.10.2010, 14:27

The global markets and Russia

With major economies continuing to grind their way out of recession Business RT spoke with Peter Ghavami, head of global markets at Troika Dialog, about the factors at play and how Russia is affected.

02.09.2009, 16:13

EuroChem posts 1H 2009 Net Profit of 5.7 billion Roubles

Russian agrochemical producer, EuroChem, has posted a 1H 2009 net Profit of 5.7 billion Roubles under IFRS.

05.10.2009, 19:09

IMF upbeat on world economy as Russia holds up well

Russian delegations to major economic gatherings in Istanbul have taken the opportunity to sound out the World Bank on credit, while the IMF says Russia’s economy is well placed.

04.08.2009, 22:43

VTB 1Q loss underlines loan portfolio risk

VTB surprised markets to the downside with its 1Q 2009 IFRS result, while underlining the risk to the financial sector from NPL’s.

12.08.2009, 15:24

Summer sees Russians taking their holidays with value for money in mind

Summer sees Russians still taking up their holidays, despite the economic downturn, but less cash going around means there are some slight changes in the way they are heading off this year.

19.08.2009, 15:39

Prices to be steady on Russian grocery staples despite production issues

Despite data showing a downturn in land under cultivation, grain production is expected to leave plenty for both domestic consumers and exports, with declining butter imports seeing a consumer product shift.

04.09.2009, 17:46

Russian Auction House to help sell off collateral on bad loans

The Russian Auction House will become the first national auction centre, where private and corporate property of those who have gone bankrupt will be sold.

Image by Nick Benjaminsz 07.09.2009, 10:19

Nobel Economist says bank bonus’ need to reflect financial risks

The G20 called for the bonuses a bank can guarantee staff to be capped. But in an interview with RT, Nobel Prize winner Robert F. Engle III claimed the plans are misguided.

G20 tees off into post recessionary economic outlook

Published: 09 November, 2009, 10:26


US Treasury secretary Timothy Geithner (L), British finance minister Alistair Darling (C) and French finance minister Christine Lagarde (AFP Photo / Derek Blair)

The world's economy is in better shape than it was, but it’s still too soon to give it the all clear. That was the assessment of the G-20 Finance Ministers' Meeting over the weekend.

 
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