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breakingnews
10.11.2009, 12:33
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.
09.11.2009, 22:35
International business leaders say Russia’s emergence from the economic downturn is being hampered by the obstacles placed in the way of foreign direct investment.
09.11.2009, 19:50
Russian fixed line provider, Rostelecom, has posted a 1H 2009 Net Profit of 1.4 billion Roubles under IFRS.
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.
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.
14.10.2009, 23:19
2 comments
Time to buy property? Russians are returning to the property market as buyers with the market seemingly reaching the bottom, and prices are going up.
25.11.2009, 22:43
1 comment
A Moscow conference heard Finance Minister Aleksey Kudrin warn the share market was overheated with speculative capital, while the prospect of a withdrawal of banking sector liquidity support also caught attention.
09.07.2010, 20:54
1 comment
Moscow’s property development scene is rebounding after a horror 18 months which saw projects from a range of developer grind to a halt, with Banks financing their own developments.
10.06.2009, 09:42
1 comment
Europe’s biggest bank, HSBC, has started retail lending in Russia. Analysts say, HSBC is one of the few foreign lenders taking the chance to enter the local market.
Published: 10 November, 2009, 14:52
Edited: 21 December, 2009, 10:30
A survey conducted by Russia’s Centre of Social Opinion shows that 37% of the population doesn’t trust the banks enough to have a bank account, leaving $70 billion outside the banking system.
