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breakingnews
28.05.2009, 23:22
Talks on the sale of Opel stalled after General Motors demanded additional money. GM's last-minute price hike came after the sole American bidder withdrew, leaving the contest to Fiat and the Magna-Sberbank alliance.
28.05.2009, 17:39
OPEC has decided not to cut output, despite record levels of crude in inventories and weak demand forecasts, with some cartel members believed to have ignored previous commitments to cut.
28.05.2009, 16:15
Russian oil producer, Rosneft, has posted a 1Q 2009 Net Income of $2.06 billion under U.S. GAAP.
21.08.2009, 16:11
1 comment
Russia is in the middle of a horse racing boom, with the number of horse racing clubs in the Moscow region tripling over the last 5 years.
16.07.2010, 17:54
1 comment
This years drought is focusing concern on Russian agriculture, with crop forecasts being slashed, but meteorologists say climate change could make them a common occurrence.
31.07.2009, 14:31
President Medvedev of Russia and President Rahmon of Tajikistan have opened a new hydro-electric plant in the Pamir mountains, which will make the Central Asian state self sufficient in electricity.
25.08.2009, 22:29
Russia’s phosphorus based fertilizer producers have been exposed to a sharp global downturn. But the Ammofos plant in Cherepovets is showing that it still turn a profit.
10.09.2009, 15:05
Russian businessmen have defied the crisis by splashing out huge sums on luxury golf courses this year. Tycoons have already pumped half a billion dollars into the golf industry in the first 8 months of 2009.
05.10.2009, 06:50
Russia will soon start using oil as raw material, which will later be converted into synthetic fibre for its textile industry. The first contract was signed at the Fourth Textile Industry Forum in Ivanovo.
16.10.2009, 23:55
Russia's maritime watchdog wants to encourage a northern sea route opening up between the Atlantic and Pacific Oceans, as polar researchers reveal Arctic ice is melting faster than previously thought.
Published: 29 May, 2009, 12:23
Russian Railways has lost its monopoly on Russian cargo shipments. The company’s market share has fallen to 49% in the first quarter of the year.
