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breakingnews
07.05.2009, 17:34
Russian media and communications group, CTC Media, has posted a 1Q 2009 Net Income of $23.3 million under U.S. GAAP.
07.05.2009, 11:25
Russia’s largest brewer, Baltika, has posted a 1Q 2009 Net Profit of 2.52 billion Roubles under IFRS.
07.05.2009, 03:07
Europe is about to hold more talks this week over the diversification of gas transit routes - this time in Prague - with the Nabucco pipeline project again the main topic on the agenda.
12.02.2010, 19:38
11 comments
Russia is renovating its railroads and sea ports - all part of plan to bypass transit countries when exporting energy products. That means neighbours like Estonia are looking to move from stable cashflows.
22.03.2010, 10:45
3 comments
Hi-tech projects are being pushed as part of Russia's economic diversification, but the head of the Russian Venture Company, Igor Agamirzyan, says Russia’s business culture needs to be overhauled.
11.06.2009, 18:06
2 comments
Gazprom says it’s received an offer to buy a stake in Slovenia's largest fuel retailer Petrol while the nation's economy minister refuses to sell it. Last month Russia’s Sberbank bought into Germany’s carmaker Opel.
18.09.2009, 20:06
2 comments
Business and political leaders meeting at the Sochi International Investment Forum have heard that Russia will be looking to encourage greater foreign investment.
17.12.2009, 20:10
2 comments
Russia should shift its focus from oil and gas and begin developing alternative energy. But members of the International Energy forum say innovations will require state investment and social and economic policy changes.
03.07.2009, 16:48
1 comment
Dmitry Medvedev will welcome Barack Obama on his first Presidential visit to Russia, with strategic issues likely to dominate the agenda but economic ties also looking to gain a boost.
18.09.2009, 16:24
1 comment
The U.N. Conference on Trade and Development has released its World Investment Report, placing Russia in 5th position for Foreign Direct Investment inflows over 2007-2008, behind the U.S., France, China, and Britain.
Published: 07 May, 2009, 23:19
The much-anticipated stress test of top U.S. banks shows some of the largest banks need to raise capital. Regional banks look riskier than the big ones, because they carry the bulk of mortgages and credit-card loans.
