April 2013 |
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The world’s biggest online retailer Amazon is opening a representative office in Russia, Forbes magazine reported on Friday, citing unnamed sources.
Finance ministers of the BRICS countries agreed to set up delegations that would work out the main principles for the establishment of a development bank by this fall, Russian Deputy Finance Minister Sergei Storchak said.
Former two-term Colorado Governor Bill Owens will take over as chairman of the privately owned Credit Bank of Moscow’s supervisory board as it prepares to go public.
Valery Gergiev, a world-famous Russian conductor and artistic director of St. Petersburg’s Mariinsky Theater, said on Thursday he has invested in one of Russia's largest turkey meat producers to “support” the company.
Russian energy giant Gazprom plans to start gas production off Vietnam’s coast in June, Gazprom Deputy CEO Vitaly Markelov said on Thursday.
Russia will stick with its original agreement with Ukraine to jointly build the Antonov An-70 propfan tactical transport aircraft, Russian Ambassador to Ukraine Mikhail Zurabov said on Thursday, despite tensions between the two sides over the project's progress.
Russia will be able to break free from its dependence on oil exports if it switches to a new model of economic development in the 21st century and creates conditions conducive to business, former Finance Minister Alexei Kudrin said on Thursday.
Moscow’s chief obstetrician, a deputy to Russia’s voucher privatization architect Anatoly Chubais and the rector of a university where President Vladimir Putin defended his thesis are among the lucky ones who have joined Forbes’ 2013 Wealthiest Russian Businessmen List published on Thursday.
Prime Minister Dmitry Medvedev said on Wednesday he would offer a state prize for anyone who could find a method of ridding the Russian economy of its dependence on raw materials in the next few years.
The Russian government intends to spend 440 billion rubles ($13.9 billion) on major infrastructure projects in 2013, including money from the country’s pension fund, Prime Minister Dmitry Medvedev said on Wednesday.1
A Russian billionaire bought a piece of romantic history for his family late last week, when he purchased the island where Aristotle Onassis wedded Jacqueline Kennedy in 1968, Greek media reported.1
Russian steel and coking coal producer Mechel and China’s metals firm Baosteel Resources Int. Co. Ltd. have signed a memorandum to implement joint mining resources projects, Mechel said on Monday.
Russian oil giant Rosneft and Italian tire maker Pirelli have agreed to open a Pirelli tire store at a Rosneft filling station in the Black Sea resort of Sochi, Rosneft said on Monday.
Russia’s largest diamond miner has signed a letter of intent with the Shanghai Diamond Exchange to sell rough and polished diamonds at auctions held by the Chinese bourse, Alrosa said on Monday.
Russian steel and coking coal producer Mechel posted a $1.114 billion US GAAP net loss for October-December 2012, down from a $54.911 million net profit in the third quarter of last year, the company said on Monday.
Russian metals giant Norilsk Nickel's 2012 IFRS net profit fell 41 percent on the previous year to $2.143 billion, the company said on Monday, citing unfavorable market conditions.
Imagine being able to try on 10 different pairs of jeans in 10 seconds. Now, imagine they all fit. Perfectly. And come in the exact shade and style you prefer.
The Russian economy could slip into recession this coming fall unless measures to stimulate growth are urgently implemented, Economy Minister Andrei Belousov said on Friday.1