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Main news of April 22

23:59 22/04/2011 A roundup of what has happened in the past 24 hours

A roundup of what has happened in the past 24 hours

TNK-BP expelled from Russian gas association
19:39 22/04/2011
TNK-BP Management on Friday was expelled from the Russian Gas Producers Association but will not seek to restore its membership, a company spokesman said.
VEB to grant $1.4 bln loan to set up Ford-Sollers venture
15:31 22/04/2011
Russian national development bank Vnesheconombank (VEB) will open a 39 billion ruble ($1.4 billion) credit line for a joint venture between Ford and local car maker Sollers, VEB head Vladimir Dmitriyev said on Friday.
Belarus hopes to unify exchange rates in May
15:29 22/04/2011
Belarus expects to unify the two exchange rates introduced earlier this week in May, after Minsk receives financial aid from Russia, Anatoly Moroz, head of the Belarusian central bank's foreign exchange regulation and control directorate said on Friday.
Global consequences of Japanese quake
13:29 22/04/2011
The earthquake and tsunami that struck Japan on March 11 will have serious consequences for the global economy and nuclear energy.
Bashneft Q4 2010 profit soars 106% to $570 mln
11:20 22/04/2011
Russian mid-sized oil firm Bashneft's fourth quarter 2010 net profit soared 106 percent compared to the previous quarter to $570 million to IFRS, the company said on Friday.
Dixy retailer to hold 11.4% SPO to buy Victoria chain
11:09 22/04/2011
Russia's Dixy Group food retailer is to hold an 11.4 percent issue of new shares in a secondary public offering to finance the acquisition of the Victoria retail chain.
Bank of Moscow shareholders elect ex- VTB employee as president
18:22 21/04/2011
Shareholders in Bank of Moscow elected former VTB employee Mikhail Kuzovlev as the bank's president on Thursday, Bank of Moscow said, ending a dramatic fight for control over the capital's lender.
Researchers find Apple iPhone and iPad 3G program stashes location data
17:20 21/04/2011
American researchers have revealed that personal computer pioneer Apple installs a program in its iPhone smartphones and iPad 3G tablets that records the device's geographic location in a hidden file, ABC News said on Thursday.
Hermitage claims against Russian official prompt Swiss probe
16:11 21/04/2011
Switzerland has opened a money-laundering probe against a former Russian tax official at the request of British investment company Hermitage Capital Management Ltd., the Barron's weekly said on Thursday.
Sistema may tie up deal to sell 25% of Bashneft to ONGC in 2011
14:27 21/04/2011
Sistema, one of Russia's largest diversified holding companies, may sell a blocking stake of 25 percent plus one share in mid-sized oil firm Bashneft to India's ONGC oil and gas company this year, Sistema Board of Directors Chairman and key owner Vladimir Yevtushenkov said on Thursday.
Russian auto dealer Genser set for London IPO in fall 2011
13:14 21/04/2011
Genser, one of Russia's top five car dealers, will hold an initial public offering(IPO) on the London Stock Exchange in fall this year, Kommersant business daily reported on Thursday.
Silvinit buys shares from dissenting shareholders for 48 mln rubles in Uralkali merger deal
12:55 21/04/2011
Russian fertilizer firm Silvinit has repurchased shares worth 48.25 million rubles ($1.69 million) from shareholders opposing a $24 billion merger deal with its rival Uralkali to create the world's second largest potash producer, Silvinit said on Thursday.
Sukhoi Superjet conducts first passenger flight
11:57 21/04/2011
The Armenian airline Armavia completed the first passenger flight of Russia's newest commercial plane, the Sukhoi Superjet 100, on Thursday.
Competition watchdog allows France's Alstom to buy into Transmashholding
11:28 21/04/2011
Russia's Federal Antimonopoly service has given a green light to French engineering group Alstom to acquire a blocking stake in Transmashholding (TMH), Russia's largest supplier of rolling stock for the domestic rail sector, Andrei Bokarev, chairman of the TMH board of directors, said on Thursday.
NLMK acquires full control of JV with Italy's Duferco for $600 mln
11:25 21/04/2011
Russia's fourth largest steelmaker Novolipetsk Steel (NLMK) has signed a binding agreement to buy a 50 percent interest in Steel Invest and Finance (SIF) from Italy's Duferco for $600 million to become a 100 percent owner of the two companies' joint venture, NLMK said in a statement on Thursday.
Hefty 136-carat diamond discovered in Siberia
08:59 21/04/2011
Workers in a Siberian mining company in Yakutia have discovered a large diamond weighing more than 136 carats, a spokesman for the republic's Industrial Ministry said on Thursday.
Khodorkovsky case affected Russia's business climate - business leader
04:54 21/04/2011
The case against former Yukos CEO Mikhail Khodorkovsky affected foreign investment and business climate in Russia, a Russian business community leader said in an interview with Kommersant on Thursday.1
Main news of April 20
23:59 20/04/2011
A roundup of what has happened in the past 24 hours
Ukraine to expedite privatization of coal industry - minister
19:57 20/04/2011
Ukraine will have to move forward with privatization of its coal mining industry as soon as possible to increase coal production and satisfy the needs of the national economy, the country's energy minister, Yury Boyko, said on Wednesday.

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Russian Foreign Minister Sergei Lavrov

Russia negotiates ceasefire with Libyan PM

Libyan Prime Minister, Al-Baghdadi Al-Mahmoudi held telephone talks with Russian Foreign Minister, Sergei Lavrov about the possible ceasefire in the turbulent country, Libya's official news agency Jana said on Saturday.

Patriarch Kirill of Moscow and All Russia, who heads the Russian Orthodox Church, led the Easter service in downtown Moscow's Christ the Savior Cathedral.

Joy embraces Russians as Easter celebrations get underway

Russia is celebrating Easter, Christianity's most important and joyful feast when the Church commemorates the Resurrection of Jesus Christ.

The United Nations Secretary General Ban Ki-moon

UN Secretary General condemns Syrian government for killings

The United Nations Secretary General Ban Ki-moon, who is currently paying a visit to Moscow, condemned Syrian government for killing of demonstrators and urged for a "transparent" independent investigation.

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