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breakingnews
16.06.2009, 17:13
With BRIC nations discussing the role of reserve currencies RT spoke with Elina Rybakova, Chief Economist at CitiBank, Russia, about the possible role of regional currencies as alternatives to the dollar.
16.06.2009, 15:00
Siberian fixed line telecoms operator, Sibirtelecom, has posted a FY 2008 Net profit of 1.52 billion Roubles under IFRS.
16.06.2009, 12:19
Russian ammonia and fertilizer producer, Acron, has posted a 1Q 2009 Net Loss of 849 million Roubles under IFRS.
03.07.2009, 16:58
3 comments
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
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.
04.11.2009, 08:33
2 comments
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
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.
31.12.2009, 11:14
2 comments
Russian aluminium producer, Rusal, is planning to raise as much as $2.6 billion in its Hong Kong listing according to its prospectus.
07.09.2009, 22:22
1 comment
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
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.
Published: 16 June, 2009, 23:36
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.
Two or three points: 1. This is a global recession. The greatest consumer nation, the United States, buys all those foreign products. 2. Many foreign companies have bought American companies. We collapse, and they lose their investment. 3. China has a major problem too, IT EXPORTS TOO MUCH AND IMPORTS LESS THAN IT EXPORTS. THUS A TRADE IMBALANCE!!!! 4. As much as I like Russia and it's economic progress, it is in a minor recesssion. And LADA is in the same situation as GM and Chrysler, needing a government bail-out or bankruptcy! Even the Matrushka (?) doll company is facing an economic crisis.