breakingnews
09.03.2009, 11:33
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Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
09.03.2009, 10:02
Russia is one of the world's fastest growing dairy markets but declining cattle numbers are starting to limit further growth. That means the Russian dairy industry is turning to technology to boost productivity.
06.03.2009, 19:55
One of Russia's biggest restaurant chains, Rosinter, expects revenue to drop 10% this year, and may close up to 4% of its restaurants in the face of a deteriorating market that is forcing owners to cut costs or opt out.
27.09.2010, 15:11
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Russian oil will be pumped to China by next year. President Dmitry Medvedev have taken part in the opening of the new pipeline from Russia with Chinese leader Hu Jintao while visiting the country.
22.07.2010, 13:35
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Russia’s Finance Ministry will raise the gas extraction tax almost 61% already in 2011, with other natural resources also facing an increased tax burden as the government looks to rein in the budget deficit.
24.02.2009, 11:04
French retailer, Carrefour, has made a bid for the 74.8% stake in Russian retailer Sedmoi Kontinent owned by Aleksandr Zanodvorov, according to a report in Vedomosti.
26.10.2009, 11:39
Prime Minister Putin says economic diversification will see increased timber export duties in the longer term, after delaying rises for a further year to encourage more investment in domestic processing.
20.04.2009, 13:03
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As the world financial and economic crisis comes into its own, the Western community leaders are seeking to impress on mankind the idea that this upheaval will end up ‘turning the world into something different’.
13.10.2009, 21:37
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Russia’s Prime Minister Vladimir Putin, together with a Russian business delegation, has sealed over 3.5 billion dollars in deals with China on energy, infrastructure and space exploration.
14.11.2009, 20:26
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On Saturday Russia signed a final agreement with Slovenia paving the way for the South Stream gas pipeline project. Prime Minister Vladimir Putin says all European partners involved are now fully on board.
Published: 10 March, 2009, 10:35
90% of agriculture in Russia's Yamalo-Nenets Autonomous district is based on reindeer breeding, making it the main source of income for the indigenous Nenets people. But the industry is being hit by the economic crisis.
