breakingnews
02.03.2009, 17:05
Russian telecoms provider Vimpelcom, has appointed former Telekom Austria Chief, Boris Nemsic, to replace outgoing CEO Alexander Izosimov.
02.03.2009, 10:34
The annual economic forum has ended in Krasnoyarsk, with Government officials and business representatives using the event to exchange ideas on how to overcome current financial turmoil.
02.03.2009, 10:32
Russia's GDP fell 8.8% in January, year-on-year, though demand for consumer goods continues to grow. But experts say changes in the retail sector are underway.
04.05.2009, 10:20
8 comments
The world economy is not only showing few signs of recovery, but we are also looking at the end of the American century, according to German author and economist William Engdahl.
10.09.2009, 17:50
4 comments
“We have no time at all left to modernize the economy, to invest heavily in high-tech and to move slowly from our dependence on oil and gas,” Viktor Linnik of the Slovo newspaper commented on Medvedev’s appeal.
18.06.2010, 09:51
2 comments
Detroit used to be one of America's premier auto manufacturers, but with the demise of its carmakers, Detroit’s residents are facing rising unemployment and crime in a city which has become a shell of its former self.
01.10.2009, 16:25
Leading russian dairy producer, Unimilk, has posted a 1H 2009 Net Profit of 19 million Roubles under IFRS.
15.01.2010, 14:32
1 comment
Russia’s largest zinc producer, Chelyabinsk Zinc Plant, has elected a new board of directors.
30.07.2009, 11:54
Even during an economic downturn, Russians haven’t abandoned their sweet tooth, with sales of sweets and chocolates holding up surprisingly well.
23.11.2009, 14:21
Russia’s largest cosmetics and perfumery producer, Kalina, has posted a 9M 2009 Net Income of $13 million under IFRS.
Published: 03 March, 2009, 10:54
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.
