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30.12.2009, 20:48 2 comments

Economic worst avoided with much still to do

Wednesday saw the Russian government discuss this year's economic performance and the anti-crisis measures to be implemented in 2010.

PriceWaterhouseCooper 30.12.2009, 14:05

The Russian retail year in review and outlook: PricewaterhouseCoopers, Russia

2009 has been a tough year for Russian retailers with the economic downturn trimming demand. RT spoke with Dale Clark PricewaterhouseCoopers Retail & Consumer Practice Leader, about the year.

Ukraine, Izmail : Employees of the Orlovka gas-compressor station, in the Izmail region, near the Ukrainian-Romanian border, make a routine check on pipe-lines. (AFP Photo / Sergey Supinsky) 30.12.2009, 09:59

Russia and Ukraine in step together on oil transit

With gas supplies already secured, Russia and Ukraine have also come to agreement on oil shipments to Europe, averting any risk of a cut off over the New Year period.

03.07.2009, 16:58 3 comments

Expats in Russia earn more

The 2009 Expat Explorer survey, commissioned by HSBC International, shows that a third of the expats working in Russia earn more than $250,000 per year.

27.09.2010, 10:38 3 comments

Greed and good still central to the trade

With the second Wall Street movie hitting Russian cinemas this week, Business T spoke with Alexander Gerchik who spent ten years as a trader in the US about the balance between fact and fiction.

AFP Photo DDP / Philipp Guelland Germany out 04.11.2009, 08:33 2 comments

GM U-turn leaves Sberbank Magna Opel plans on road to nowhere

After a 6 hour board meeting, General Motors has walked away from the planned sale of a majority stakeholding in its German arm, Opel, to the Magna Sberbank joint venture it reached final agreement with just weeks ago.

12.03.2010, 19:56 2 comments

India and Russia link up to boost trade

Like tea and biscuits, different but complimentary. Russia and India stand at the heart of the BRICs, the emerging markets that investors love to love.

Illustration by Boris Lyubner 16.06.2009, 23:36 1 comment

Russia-China Economic Forum warms up buyers and tills

The financial crisis has cut trade volumes between Russia and China. But that hasn't stopped the partners signing billions of dollars of new deals at the Russia-China Economic Forum.

07.09.2009, 22:22 1 comment

Banker bonus clampdown has potential upside for Russia

G 20 Finance ministers have thrown their support behind tighter regulation of banker's pay. That has a possible upside for Russian banks.

21.09.2009, 20:32 1 comment

Russian stocks put ugly year behind as upside beckons

The Russian stock markets dropped on Monday, after regaining the level of September 2008. They have made Russia the third best performing market this year, with Russian blue chips once again in demand.

Rusal sets sights on $2.6 billion Hong Kong IPO

Published: 31 December, 2009, 11:14
Edited: 03 January, 2010, 19:53


Russian aluminium producer, Rusal, is planning to raise as much as $2.6 billion in its Hong Kong listing according to its prospectus.

 
2 COMMENTS
Bill Simpson January 03, 2010, 16:01 quote
0

This aluminum thing is starting to remind me of the potential LNG glut. I think that I recently read that Saudi Arabia and Alcoa have just signed a contract to construct a huge new aluminum manufacturing complex. I guess someone thinks that China is going to need a LOT of aluminum. We shall see. It sounds like a long term investment to me. Making aluminum is a very energy intensive process, so cheap electricity is the key to profit. Aluminum is one of the most cost effective things to recycle, because remelting scrap only uses 10% of the energy needed to make aluminum by tearing the aluminum atoms from the oxygen atoms, which are tightly bound in aluminum ore. If anyone can find a cheaper way to break that chemical bond, they will become richer than Warren Buffet, because aluminum is quite abundant, making up a lot of the Earth's crust. The most amazing thing about the metal is how it can be friction stir welded with a rotating tool. If I hadn't seen pictures of the process on the excellent NASA website, I would have bet anyone that such a thing was impossible. But the British managed to do it. The love of the aluminum atom for the oxygen atom does have one use which almost everyone enjoys-firecrackers. The explosion of a firecracker results from the recombination of aluminum atoms (in the form of a very fine aluminum powder called 'dark pyro' aluminum,) with the oxygen atoms present in molecules which easily release oxygen in large quantanties, such as potassium perchlorate(KClO4). When the firecracker explodes, some of the electrical energy that was used in breaking the oxygen-aluminum molecular bond is released as heat and light when the stable bond is again formed. The white smoke from a firecracker contains the stable aluminum oxide molecule. Teenage students like that chemistry demonstration as the white-hot fireball and blast are quite impressive. Now that I think about it, there are over a billion Chinese. Maybe they are planning a lot of celebrations.

ziv May 14, 2011, 22:14 quote
0

is the white smoke an indication for a virus activation ?

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