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breakingnews
13.02.2009, 11:00
Tax breaks are on the way for new oil fields, in a bid to revive production. The Russian Government is once again considering new tax proposals for the oil industry, as the cash-cow of the economy begins to weaken.
12.02.2009, 15:08
Russian Nitrogen and Phosphate fertilizer producer, UralChem, has posted a 9M 2008 Net profit of $363.3 million under IFRS.
22.10.2010, 12:46
1 comment
Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.
30.01.2009, 20:22
2 comments
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.
09.03.2009, 11:33
1 comment
Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
15.07.2010, 13:07
1 comment
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
1 comment
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.
05.10.2009, 19:03
Major shareholders in Russia’s number 2 mobile operator, VimpelCom, Norway’s Telenor and Russia’s Alfa Group, have ended a corporate feud which has haunted the Russian investment climate for much of this decade.
01.09.2010, 16:42
Russia’s government will remain neutral in the Norilsk Nickel dispute, with the company itself expressing doubts about Rusal’s credibility.
Published: 13 February, 2009, 20:00
The G7 Finance Ministers meeting in Rome takes place against a backdrop of protest generated by fears of job cuts and factory closures. The meeting is expected to address perceptions that more coordination is needed.
