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breakingnews
16.10.2009, 17:49
MDM Bank has posted a 1H 2009 Net Loss of 4.3 billion Roubles under IFRS.
15.10.2009, 22:57
Partners in the world’s largest offshore gas project Shtokman say they want new tax breaks to justify development costs, as Shtokman developer Total warns the project will not be profitable at current gas prices.
15.10.2009, 22:27
1 comment
Politicians, journalists and market analysts could now be jailed if their words drive stock markets up or down, after Russia’s State Duma passed a bill to tackle market manipulation.
06.05.2009, 00:52
2 comments
Aleksander Lebedev, is offering his majority stake in Germany’s Blue Wings airline to Aeroflot for just 1 euro, saying it would help the Russian carrier, in which he has a 30% stake, gain a European foothold.
10.06.2009, 17:57
The appeal by Norwegian telecoms giant, Telenor, against a $1.7 billion fine has been postponed by a Siberian court until late September.
15.06.2009, 10:08
The number of tourists and visitors to Moscow is down, reflecting hard times faced by the global economy. Annually, tourism brings about 7% of the city's income, and despite the downturn more rooms are needed.
19.06.2009, 19:09
Europe's top retailer - Carrefour - opened its first hypermarket in Moscow this week at a cost of €8 million. Despite the economic downturn the company plans to open two more shops this year.
23.06.2009, 10:52
Norwegian telecom, Telenor, facing the possible sale of its stake in Russian mobile operator Vimpelcom by Russian bailiffs to pay a $1.7 billion fine, says the prospect is nothing more than ‘market manipulation.’
20.07.2009, 10:28
Digital Sky Technologies has made headlines with its buy in to global networking phenomenon, Facebook. Business RT spoke with the CEO of DST, Yuri Milner, about the potential of networking in Russia and abroad.
09.09.2009, 23:25
Starwood Hotels has announced the Hotel National will mark its debut in the Moscow market.
Published: 16 October, 2009, 18:54
Edited: 17 October, 2009, 10:45
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.
