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breakingnews
23.07.2010, 12:14
1 comment
Russia's iron and steel producers have come in for fierce criticism from the government for their pricing policies. Metal consumers, such as car makers, have deferred purchases citing high prices.
23.07.2010, 16:39
Russia’s largest independent film producer and distributor, Central Partnership, has attracted funding from the State Cinema Support Fund for shooting up to seven possible movies.
23.07.2010, 21:44
3 comments
The Farnborough international air show ended with $47 billion worth of deals with many believing this year's event marked the recovery of the civil aircraft industry.
12.07.2010, 18:49
The European Commission has broken an exclusive supply deal between Russia’s Alrosa and global diamond giant, De Beers, leaving the Russian company looking for a new outlet.
02.07.2010, 15:21
3 comments
The US dollar should be cast off as the world's main reserve currency according to a recent U.N. report, with a number of states including Russia and China calling for a new reserve currency system.
19.07.2010, 12:44
2 comments
Volkswagen is launching its own bank in Russia to provide financing for dealerships, and boost sales in Russia.
16.09.2010, 17:30
2 comments
Two years after the collapse of Lehman Brothers triggered the global financial crisis, Business RT spoke with Igor Nikolaev, Partner and Director of Strategic Analysis at FBK, about what Russia has learned.
22.06.2009, 11:36
1 comment
Russia’s coal output has dropped 17% in the first quarter of the year, with slowing demand and rising tariffs adding gloom to the outlook for the industry.
05.08.2010, 16:40
1 comment
Russia has announced a temporary ban on grain exports from August 15 to December 1 in response to the worsening drought.
06.10.2009, 17:17
1 comment
Gold has climbed to an all time high on renewed speculation about the U.S. dollar, after a report by British journalist Robert Fisk suggested key economies were planning to move away from the dollars reserve status.
Published: 26 July, 2010, 10:56
Edited: 27 July, 2010, 10:53
Lower steel product import tariffs, higher ferrous metal taxes, and a more transparent pricing policy. Russia’s big steel consumers want the government to take action and Prime Minister Putin is happy to oblige.
Hah. I made a 100% return by "going long" on Mechel stock last year. I was sure the market had over-reacted about Mechel's argument with Putin and that there was no chance the government would shut down a big company in such a key sector. It turned out I was right, and for a while I hoped that Putin would lose his temper with another publicly traded company and I could "buy on the dip". But it did not happen and I had to sell my shares to pay for school. If I had held them to this year, I would have made a killing. Oh, well, there are other opportunities, and I suppose I should not be greedy. :)