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Russia and the global economy

Alliance Oil posts 1H 2009 Net profit of $97 million
Russia focused independent oil producer, Alliance Oil, has posted a 1H 2009 Net profit of $97 million under IFRS.

August 27, 2009 14:25

Peter Hambro posts 1H 2009 Net Profit of $75 million, to become Petropavlovsk
Peter Hambro Mining, the British listed gold miner with operations focused on Russia, has posted a 1H 2009 Net profit of $75 million under IAS34.

August 27, 2009 13:15

Rosauto revs up
Russia's leading automotive producers showed off their latest hardware at the Interauto-2009 Moscow expo. But all the talk was about the fate of 3 motor companies that might gain a new badge - Rosauto.

August 27, 2009 00:25

“We search industries for UFO types of things”
“We really want to continue this legacy and we have the energy of our grandfathers, who built unbelievable things, and we can restore what needs to be restored,” says designer Vladimir Pirozhkov to RT.

August 26, 2009 12:12

Gazprom posts 1Q 2009 Net Profit of 110.1 billion Roubles
Russia’s largest gas producer, Gazprom, has posted a 1Q 2009 Net Profit of 110.1 billion Roubles under IFRS.

August 26, 2009 12:06

Long term Ammofos investment pays dividends during downturn
Russia’s phosphorus based fertilizer producers have been exposed to a sharp global downturn. But the Ammofos plant in Cherepovets is showing that it still turn a profit.

August 25, 2009 22:29

Russia wears investment slump as banks wait for rebound
Foreign Direct investment into Russia has nearly halved in the first half of the year. But overall investment is holding up better.

August 25, 2009 22:27

FDI into Russia continues slide as talk of economic rebound gathers pace
Foreign direct investment into Russia in 1H 2009 plummeted 45% year on year to $6.1 billion, with overall foreign investment, including loans and securities flows down 30.9 % to $32.2 billion according to Rosstat data.

August 25, 2009 16:09

Russian renewable energy prepares for a bigger slice of the power pie
As the world’s largest producer of gas, and one of the worlds major producers of oil and coal, Russia isn’t generally seen as being at the forefront of the global thrust towards greater use of renewable energy sources.

November 21, 2009 15:21

Avtovaz Kamaz tie up nudges share price as bigger picture remains hard driving
A tie-up between carmaker, Avtovaz, and truck producing counterpart, Kamaz, could be on the cards. The markets have initially reacted well to the news, but not everyone is convinced about a new united company.

August 24, 2009 19:41

Global recovery call meets hesitation
The IMF has called a global economic recovery after several countries including Germany and Japan showed 2Q 2009 growth. But market matchers say there is little reason for joy.

August 24, 2009 11:04

Sovereign wealth funds to become more active
Sovereign wealth funds will soon start taking a more active role in companies they invest in, according to the Head of Sovereign advisory for State Street Global Markets, Andrew Rozanov, speaking with RT.

August 24, 2009 10:23