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breakingnews
18.11.2009, 12:22
3 comments
The reported resignation of Stephan Fanderl, head the of Moscow office of Wal-Mart, comes just days after French retail chain Carrefour announced it was pulling out of its attempts to break into the Russian retail market
18.11.2009, 10:07
The head of Nord Stream, says construction will start as planned, on April 1 2010, despite reports of further delays, with project partners warning of difficulties raising $12 billion dollar they need to finance it.
17.11.2009, 12:42
Russian property developer, AFI Development, has posted a 3Q 2009 Net Profit of $1.9 million under IFRS.
16.08.2010, 18:36
The need for greater levels of national savings is coming into focus, with experts saying low income levels, an undeveloped financial system, and long term cultural issues remain key issues to be addressed.
19.05.2010, 11:44
4 comments
A volatile Eurozone sees Russia with almost no exposure to national debt, but with markets pricing in a wider contagion, Russia would be affected by a return to recession.
15.01.2010, 11:56
2 comments
Russia will end poultry imports from the USA as of January 19 due to health concerns, with Prime Minister Vladimir Putin saying local producers can fill domestic demand and even start exporting poultry within 4 years.
09.02.2010, 17:03
2 comments
President Dmitry Medvedev has directed participants at the Council for Financial Market Development to create a development road map, emphasizing the role of financial markets in supporting economic development.
15.12.2009, 22:29
1 comment
Debt-laden Ukraine is waiting for an answer from the International Monetary Fund. The country has asked the lender to release the final, $2 billion dollar tranche of a massive bailout loan.
25.01.2010, 11:40
1 comment
Wine merchants in Russia could lose $400 million in 1Q 2010, after the customs service changed their import duties, driving up business costs by as much as 30%.
18.03.2010, 11:05
1 comment
Russia could gain 10% of the global carbon trading market in the next 3-4 years. But the need to invest in environmental projects and a forest of red tape is slowing he process.
Published: 18 November, 2009, 20:48
Edited: 19 November, 2009, 07:02
The Russian car market has been hammered by the economic downturn with sales halving over this year, as credit almost disappeared. That has locals looking for cheaper options and carmakers going down market too.
