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breakingnews
29.09.2010, 15:53
TNK-BP has signed up to supply PetroVietnam 100 thousand tonnes of ESPO brand oil, for one year starting from November, with the company saying it’s a step on the road to closer energy cooperation with Vietnam.
29.09.2010, 12:12
Russia’s largest port services and stevedoring company, Novorossiysk Commercial Sea Port (NCSP) has posted a 1H 2010 net profit of $155.5 million under IFRS.
29.09.2010, 11:14
Russian President Dmitry Medvedev has been playing host to his Chinese Counterpart - Hu Jintao - in the Russian pavilion at the World Expo in Shanghai, promoting Russia’s hi tech credentials.
22.10.2010, 12:46
1 comment
Norilsk Nickel shareholders voted against a Rusal led proposal to change the board of directors, at an extraordinary general meeting in Moscow.
30.01.2009, 20:22
2 comments
While the world economy collapses the American dollar continues to strengthen its position in the world, to little wonder – it’s getting back to its basics as the backup currency on every continent except Antarctica.
09.03.2009, 11:33
1 comment
Russian luxury retailers – including those who sell designer lingerie – were planning to buck the economic downturn. But, they are finding they’re not immune.
15.07.2010, 13:07
1 comment
Sberbank will introduce individual interest rates for retail borrowers depending on financial data including credit history and wealth, which, experts say, will bring tighten its grip on lending.
27.10.2010, 15:10
Russia’s Central Bank is extending the moratorium on excluding the banks from the Deposit Insurance System until July 1, 2011, with analysts saying a deeper change in financial criteria is necessary.
05.10.2009, 19:03
Major shareholders in Russia’s number 2 mobile operator, VimpelCom, Norway’s Telenor and Russia’s Alfa Group, have ended a corporate feud which has haunted the Russian investment climate for much of this decade.
01.09.2010, 16:42
Russia’s government will remain neutral in the Norilsk Nickel dispute, with the company itself expressing doubts about Rusal’s credibility.
Published: 29 September, 2010, 16:20
Edited: 01 October, 2010, 15:27
Russia is looking to boost financial literacy levels, with the New Economic School and the Citi Foundation starting joint development of a unique multimedia project on personal finance management.
This is a very great move and hopefully it would add value to the entire Russian populace. A state of being once bitten, twice shy would be eliminated from the social fabric mentality and culture of the Russians. Financial acumen through customized friendly user medium would only lead a nation to an economic posperity provided they ethically as well as socially apply it responsibly over time.