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breakingnews
16.02.2009, 14:51
Russian retailer, Magnit, says it will open about 400 new convenience stores and 6 hypermarkets in 2009.
16.02.2009, 10:31
The G7 Finance Minister and Central Bankers who met in Rome over the weekend, released a communiqué promising to use the full range of policy tools to restore stability to battered global finances.
16.02.2009, 10:24
The current financial crisis has prompted speculation about the future of consolidation in Russia's mobile telecommunications market, with several local operators recently acquiring retail outlets and internet companies.
20.01.2010, 13:45
With online shopping clubs popping up around the world, Russian KupiVIP.ru has joined the game in offering designer brands at discounted prices and has secured major investment to ensure it succeeds.
25.05.2010, 14:31
Russian restaurant chain holding, Rosinter Restaurants Holding, has posted a FY 2009 net loss of $8.4 million under IFRS, with a 1Q 2010 net profit of 29.76 million roubles.
03.05.2010, 09:08
4 comments
Russia's fast food market has shown huge growth over the past decade, with international and local players alike reaping in the benefits. Some local expats have come to the market looking to take a seat at the table.
12.03.2010, 14:39
5 comments
Russia's budget deficit in January and February reached $6.6 billion, according to the Finance Ministry. The government hopes to limit the annual deficit to about 7% in 2010 and fill the gap between income and spending.
20.02.2009, 17:58
4 comments
The stimulus package developed by the Russian government looks good on paper, but implemention is too slow, according to the Russian President, addressing the State Council assembly which took place in Eastern Siberia.
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.
05.02.2010, 12:15
3 comments
The United States’ top credit rating is at risk, with its triple 'A' status warned it may be downgraded if the economy grows at a slower pace than expected, says ratings agency Moody's.
Published: 16 February, 2009, 18:24
Retailers say slowing demand is hurting their sector, but the cloud may have a silver lining – providing opportunities for new investors in the market.
