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03.03.2009, 11:07 1 comment

Focus to remain on diversification when oil price turns

Experts say cut-backs in crude oil exploration and investment could see energy costs soar again and that, when this comes, Russia should again focus on managing the upturn to diversify its economy.

03.03.2009, 10:54

Kudrin looks for rebound after GDP slide in 2009

The government is looking for a quick turnaround after forecasting negative GDP growth for 2009, and that the budget deficit will be reigned in. But analysts believe this will provide a challenge in the short term.

02.03.2009, 17:05

Vimpelcom appoints new CEO

Russian telecoms provider Vimpelcom, has appointed former Telekom Austria Chief, Boris Nemsic, to replace outgoing CEO Alexander Izosimov.

12.03.2010, 14:39 5 comments

Russia to bridge budget deficit with bond issue

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.

20.02.2009, 17:58 4 comments

President Medvedev highlights financing and future development in Irkutsk

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.

03.07.2009, 16:58 3 comments

Expats in Russia earn more

The 2009 Expat Explorer survey, commissioned by HSBC International, shows that a third of the expats working in Russia earn more than $250,000 per year.

05.02.2010, 12:15 3 comments

Mark Faber: social obligations will lead Western states to default

The United States’ top credit rating is at risk, with its triple 'A' status warned it may be downgraded if the economy grows at a slower pace than expected, says ratings agency Moody's.

27.09.2010, 10:38 3 comments

Greed and good still central to the trade

With the second Wall Street movie hitting Russian cinemas this week, Business T spoke with Alexander Gerchik who spent ten years as a trader in the US about the balance between fact and fiction.

14.10.2009, 23:19 2 comments

Property prices gain traction as signs of buyers return

Time to buy property? Russians are returning to the property market as buyers with the market seemingly reaching the bottom, and prices are going up.

23.10.2009, 21:28 2 comments

Chartered Financial Analysts take up the fight against dodgy banking

Chartered Financial Analysts have called for "unethical" bankers to pass industry exams to prevent another economic crisis. It comes after industry heavyweights let through cheats like Bernard Madoff.

Gazprom 3Q 2008 Net Profit up 16%

Published: 03 March, 2009, 11:42


Gazprom has posted a 3Q 2008 Net Profit of 131.6 Billion Roubles – $5.4 Billion – under IFRS.

 
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