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05.09.2009, 09:10

Sulzer plant the fruit of commitment to Russian expertise

Sulzer is setting up a key oil services facility in Russia after a magnate took a strategic stake in the company and pressured it into bringing expertise home.

Oil platform in the Gulf of Mexico (Image from smh.com.au) 04.09.2009, 19:28

Tax changes to stimulate crude output further

This weeks announcement of a giant oil discovery in the Gulf of Mexico has served to underline how important further discoveries will be to meeting future demand, with taxation changes in Russia seen as essential.

04.09.2009, 17:46

Russian Auction House to help sell off collateral on bad loans

The Russian Auction House will become the first national auction centre, where private and corporate property of those who have gone bankrupt will be sold.

07.09.2009, 16:27

Megafon posts 1H 2009 Net profit of 20.1 billion Roubles

Russian cellular provider, Megafon, has posted a 1H 2009 Net Profit of 20.1 billion Roubles under U. S. GAAP.

Image from severstal.com 07.09.2009, 12:30

Severstal posts 1H 2009 Net Loss of $944 million

Russian steelmaker, Severstal, has posted a 1H 2009 Net Loss attributable to shareholders of $944 million under IFRS.

04.10.2010, 14:27

The global markets and Russia

With major economies continuing to grind their way out of recession Business RT spoke with Peter Ghavami, head of global markets at Troika Dialog, about the factors at play and how Russia is affected.

02.09.2009, 16:13

EuroChem posts 1H 2009 Net Profit of 5.7 billion Roubles

Russian agrochemical producer, EuroChem, has posted a 1H 2009 net Profit of 5.7 billion Roubles under IFRS.

05.10.2009, 19:09

IMF upbeat on world economy as Russia holds up well

Russian delegations to major economic gatherings in Istanbul have taken the opportunity to sound out the World Bank on credit, while the IMF says Russia’s economy is well placed.

04.08.2009, 22:43

VTB 1Q loss underlines loan portfolio risk

VTB surprised markets to the downside with its 1Q 2009 IFRS result, while underlining the risk to the financial sector from NPL’s.

12.08.2009, 15:24

Summer sees Russians taking their holidays with value for money in mind

Summer sees Russians still taking up their holidays, despite the economic downturn, but less cash going around means there are some slight changes in the way they are heading off this year.

Nobel Economist says bank bonus’ need to reflect financial risks

Published: 07 September, 2009, 10:19


Image by Nick Benjaminsz

The G20 called for the bonuses a bank can guarantee staff to be capped. But in an interview with RT, Nobel Prize winner Robert F. Engle III claimed the plans are misguided.

 
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