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breakingnews
05.10.2009, 19:09
Russian delegations to major economic gatherings in Istanbul have taken the opportunity to sound out the World Bank on credit, while the IMF says Russia’s economy is well placed.
05.10.2009, 19:03
Major shareholders in Russia’s number 2 mobile operator, VimpelCom, Norway’s Telenor and Russia’s Alfa Group, have ended a corporate feud which has haunted the Russian investment climate for much of this decade.
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.
06.05.2009, 00:52
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Aleksander Lebedev, is offering his majority stake in Germany’s Blue Wings airline to Aeroflot for just 1 euro, saying it would help the Russian carrier, in which he has a 30% stake, gain a European foothold.
10.06.2009, 17:57
The appeal by Norwegian telecoms giant, Telenor, against a $1.7 billion fine has been postponed by a Siberian court until late September.
15.06.2009, 10:08
The number of tourists and visitors to Moscow is down, reflecting hard times faced by the global economy. Annually, tourism brings about 7% of the city's income, and despite the downturn more rooms are needed.
19.06.2009, 19:09
Europe's top retailer - Carrefour - opened its first hypermarket in Moscow this week at a cost of €8 million. Despite the economic downturn the company plans to open two more shops this year.
23.06.2009, 10:52
Norwegian telecom, Telenor, facing the possible sale of its stake in Russian mobile operator Vimpelcom by Russian bailiffs to pay a $1.7 billion fine, says the prospect is nothing more than ‘market manipulation.’
20.07.2009, 10:28
Digital Sky Technologies has made headlines with its buy in to global networking phenomenon, Facebook. Business RT spoke with the CEO of DST, Yuri Milner, about the potential of networking in Russia and abroad.
09.09.2009, 23:25
Starwood Hotels has announced the Hotel National will mark its debut in the Moscow market.
Published: 06 October, 2009, 11:34
One of Russia’s longest corporate battles came to an end on Monday, with Norway’s Telenor set to merge its stakes in Vimpelcom and Kyivstar with those of Alfa Group’s telecoms arm, Altimo.
