breakingnews
16.10.2009, 17:49
MDM Bank has posted a 1H 2009 Net Loss of 4.3 billion Roubles under IFRS.
16.10.2009, 18:54
Several British retailers are planning to enter the Russian market this year, after French retailer Carrefour has announced a pullout, with analysts pointing to a faulty market strategy.
16.10.2009, 19:53
Russia wants Arctic nations to work together to solve disputes in an area thought to hold a quarter of the world's oil and gas. But as global warming melts polar ice caps, tensions have flared over exploration rights.
21.08.2009, 16:11
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Russia is in the middle of a horse racing boom, with the number of horse racing clubs in the Moscow region tripling over the last 5 years.
16.07.2010, 17:54
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This years drought is focusing concern on Russian agriculture, with crop forecasts being slashed, but meteorologists say climate change could make them a common occurrence.
29.05.2009, 12:23
Russian Railways has lost its monopoly on Russian cargo shipments. The company’s market share has fallen to 49% in the first quarter of the year.
31.07.2009, 14:31
President Medvedev of Russia and President Rahmon of Tajikistan have opened a new hydro-electric plant in the Pamir mountains, which will make the Central Asian state self sufficient in electricity.
25.08.2009, 22:29
Russia’s phosphorus based fertilizer producers have been exposed to a sharp global downturn. But the Ammofos plant in Cherepovets is showing that it still turn a profit.
10.09.2009, 15:05
Russian businessmen have defied the crisis by splashing out huge sums on luxury golf courses this year. Tycoons have already pumped half a billion dollars into the golf industry in the first 8 months of 2009.
05.10.2009, 06:50
Russia will soon start using oil as raw material, which will later be converted into synthetic fibre for its textile industry. The first contract was signed at the Fourth Textile Industry Forum in Ivanovo.
Published: 16 October, 2009, 23:55
Edited: 17 October, 2009, 10:48
Russia's maritime watchdog wants to encourage a northern sea route opening up between the Atlantic and Pacific Oceans, as polar researchers reveal Arctic ice is melting faster than previously thought.
