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breakingnews
27.05.2009, 20:20
The Russian operations of global banks generated almost twice the return on assets of domestic banks in the first quarter of this year, with experts pointing to asset quality and risk management.
27.05.2009, 14:11
Vozrozhdenie Bank has posted 1Q 2009 Profit of 386 million Roubles under IFRS.
27.05.2009, 11:48
German Chancellor Angela Merkel will meet with bidders for GM’s German subsidiary, Opel, on Wednesday, including a consortium of Canada’s Magna and Russia's Sberbank, and the heads of its main rival, Italy’s Fiat.
04.11.2009, 20:32
10 comments
The GM decision to back out of the planned sale of a 55% stake in Opel has sparked an angry response in Berlin and concern in Moscow, after months of negotiations went nowhere.
19.05.2009, 10:06
1 comment
Russia's Trade Minister, Viktor Khristenko has told RT a French airline will become the Superjet 100's next buyer. The news comes in turbulent times for the Sukhoi project.
07.07.2009, 23:36
NLMK claims that protectionist measures in the U.S. economic stimulus package are forcing it to sack American workers, and has taken President Obama’s Moscow visit to raise awareness.
14.09.2009, 13:06
A Rusal spokesman has denied that the aluminium giant will list on the Hong Kong Stock Exchange by December, and that bankers for its IPO have been appointed.
06.05.2009, 05:57
Russian steel companies were on a major overseas shopping spree in recent years. But the downturn means most of those companies are scaling back their foreign operations.
06.05.2009, 21:15
Russian tycoon Oleg Deripaska has found a new owner for the nearly-bankrupt UK van maker LDV, with Malaysian automobile producer, Weststar, stepping in at the 11th hour.
12.05.2009, 07:27
Prime Minister Putin has criticised Russian companies ordering ships from abroad, while the domestic shipbuilding industry is on the rocks.
Published: 27 May, 2009, 21:57
Negotiations between GM and bidders for its Opel operations in Europe stalled during late Wednesday night discussions hosted by the German Chancellor, as workers have back the Magna-Sberbank bid.
