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breakingnews
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, 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.
06.08.2009, 22:53
A crucial agreement on oil and gas pipelines was reached, between Russia and Turkey, on Thursday, during Prime Minister Vladimir Putin’s visit, which will pave the way for construction of the South Stream pipeline.
04.11.2009, 20:32
10 comments
The GM decision to back out of the planned sale of a 55% stake in Opel has sparked an angry response in Berlin and concern in Moscow, after months of negotiations went nowhere.
18.06.2010, 17:07
4 comments
Russian President, Dmitry Medvedev, has announced that Russia will abolish capital gains taxes on long term direct investments, in order to boost economic modernization.
22.09.2010, 11:58
1 comment
The Russian government is looking East for new energy export customers. China is the world's fastest growing economy and is an anchor consumer for Russian energy.
30.07.2009, 20:53
4 comments
Russia will start exploring for oil in the Gulf of Mexico, after signing a deal with Cuba this week. The announcement comes as part of Deputy Prime Minister Igor Sechin's visit to the region.
12.10.2009, 13:30
2 comments
Just ten years ago Russia’s aviation industry was all but grounded, but in the past five years the state has increased funding twenty times. Russian aviation industry is being cleared for take-off once again.
30.12.2009, 20:48
2 comments
Wednesday saw the Russian government discuss this year's economic performance and the anti-crisis measures to be implemented in 2010.
Published: 16 October, 2009, 19:53
Edited: 17 October, 2009, 00:51
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.
