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breakingnews
28.05.2009, 17:39
OPEC has decided not to cut output, despite record levels of crude in inventories and weak demand forecasts, with some cartel members believed to have ignored previous commitments to cut.
28.05.2009, 16:15
Russian oil producer, Rosneft, has posted a 1Q 2009 Net Income of $2.06 billion under U.S. GAAP.
28.05.2009, 15:31
Russian mobile operator, VimpelCom, has posted a 1Q 2009 Net loss of 8.5 billion Roubles under U.S. GAAP.
18.06.2010, 17:07
4 comments
Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.
30.12.2009, 20:48
2 comments
Wednesday saw the Russian government discuss this year's economic performance and the anti-crisis measures to be implemented in 2010.
08.06.2009, 12:56
1 comment
Rosnano CEO Anatoly Chubais says developing an innovative economy involves major reforms, and thinking strategically.
13.08.2009, 16:39
1 comment
Canadian car parts group Magna, along with Russia's Sberbank, have finalized their proposal to buy General Motors German subsidiary, Opel.
11.09.2009, 18:17
1 comment
By the end of the year, the Russo-Canadian joint venture will reach a deal to take a stake in Opel. But what does the Russian side gain?
23.06.2010, 10:44
1 comment
Italy’s Agustawestland and Russian Technologies State Corporation have launched a joint venture in producing hi-tech helicopters in Russia.
24.06.2010, 12:22
1 comment
Russian president Dmitry Medvedev is looking over California’s silicon valley on his trip to the US, as American technology giants take increasing interest on his plans for the modernization of Russia.
Published: 28 May, 2009, 23:22
Talks on the sale of Opel stalled after General Motors demanded additional money. GM's last-minute price hike came after the sole American bidder withdrew, leaving the contest to Fiat and the Magna-Sberbank alliance.
