Russian stocks in London and elsewhere
Published: 06 February, 2009, 21:39
Another pretty disappointing week for Russian equities trading abroad, although gold and other metals sparkled in a heap of otherwise gloomy economic data.
breakingnews
The Russia government says it will not nationalize private banks to help them through the crisis. Instead it plans to give them $9 Billion in subordinated loans and expect banks to restart credit activity.
18.02.2010, 10:51
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A new common market is forming on Ukraine's borders and those of the EU. A customs union between Russia and its neighbors will cut business costs and make the region more attractive to investors.
05.01.2010, 11:45
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The Moscow residential real estate market has been lucrative, with an accommodation deficit driving sales and rental prices over the last decade. But it too felt the impact of the 2009 economic downturn.
20.10.2010, 20:31
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An unprecedented car boom is expected to burden already suffocating Russian roads by 2014, according to the country’s Ministry of Trade and Industry.
Sberbank chief, German Gref, believes Russia’s economy is now large enough to effect world markets and criticized the Russian Central Bank's high interest rate, claiming it hampered investment.
The calm before the storm – Monday's market holiday in the U.S. and its accompanying low volumes in the rest of the world belied the kind of turbulence later on that hadn't been seen for some weeks.
A large proportion of the workforce of Russia's biggest car manufacturer AvtoVAZ could lose their jobs after a dramatic drop in sales, which has already led to a cut in the salaries of 100,000 employees.
CTC Media has filed two lawsuits in the U.S. against former CEO and current board member Aleksandr Rodnyansky alleging that he has been working against the company’s interests.
For the first time in its carmaking history, Russia’s automobile market is dominated by foreign models: experts say 52.3 percent of all cars produced in Russia are foreign makes.
As the year 2010 is drawing to a close, Moscow hotels seem to have overcome the devastating consequences of the recent crisis – at least in terms of bookings.
Published: 06 February, 2009, 21:39
Another pretty disappointing week for Russian equities trading abroad, although gold and other metals sparkled in a heap of otherwise gloomy economic data.