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breakingnews
08.05.2009, 17:45
Key gas producers, Kazakhstan, Turkmenistan and Uzbekistan have held off on signing a declaration on the Nabucco gas pipeline project, signed between the EU Turkey, Azerbaijan, Georgia and Egypt on Friday.
08.05.2009, 16:24
Severstal has announced that it will halt or reduce production at its U.S. subsidiaries, while Mechel has completed the purchase of America’s Bluestone coal for $436 million.
07.05.2009, 23:19
The much-anticipated stress test of top U.S. banks shows some of the largest banks need to raise capital. Regional banks look riskier than the big ones, because they carry the bulk of mortgages and credit-card loans.
18.09.2009, 12:56
Russia’s largest private sector oil producer, Lukoil, has reaffirmed its commitment to increasing the presence of renewable energy in its mix.
05.05.2010, 17:57
14 comments
President Barack Obama’s campaign pledge was to defend the little guy. So why is Rahm Emanuel, the White House Chief of Staff, against auditing the Federal Reserve Bank?
12.02.2010, 19:38
11 comments
Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.
03.05.2010, 09:08
4 comments
Russia's fast food market has shown huge growth over the past decade, with international and local players alike reaping in the benefits. Some local expats have come to the market looking to take a seat at the table.
26.03.2009, 10:00
3 comments
A leading economist claims that Moscow's proposal to ditch the dollar as the world's reserve currency will sink the world economy. It comes as Russia's Central Bank says it is pushing ahead with the plans.
26.09.2010, 10:22
3 comments
Prince Michael of Kent says that British firms should look closer at investing in Russia, but the UK ambassador says Britain doesn’t water down legal issues for commercial expediency.
22.03.2010, 10:45
3 comments
Hi-tech projects are being pushed as part of Russia's economic diversification, but the head of the Russian Venture Company, Igor Agamirzyan, says Russia’s business culture needs to be overhauled.
Published: 08 May, 2009, 18:48
The Russian markets jumped to 7-month high this week, with traders optimistic the rally can continue, if demand for oil stays healthy.
