Russia, Vietnam to reorganize oil venture Vietsovpetro - presidents

HANOI, November 20 (RIA Novosti) – The presidents of Russia and Vietnam issued a joint statement in Hanoi Monday, saying the countries will reorganize their joint oil venture Vietsovpetro, the southeast Asian country's largest crude producer, to explore new deposits.

// Nov. 20, 2006 - 06:59 GMT


Banks' correspondent accounts with CBR decline 0.8%

MOSCOW, November 20 (RIA Novosti) – Credit institutions' balances on correspondent accounts with the Russian Central Bank totaled 335.3 billion rubles ($12.56 billion at the current exchange rates) at the beginning of the business day, down 0.8% (2.6 billion rubles/$97.4 million) from Friday, the CBR said Monday.

// Nov. 20, 2006 - 07:08 GMT


RUXX investment index set to open 1.8% down

MOSCOW, November 20 (RIA Novosti) – Russia's investment index will open Monday at 703.66 points, down 1.8% on the previous day's trading, following Friday evening's sessions on major world trading floors.

// Nov. 20, 2006 - 07:10 GMT


Russia's Gazprom, Petrovietnam, plan gas export cooperation

HANOI, November 20 (RIA Novosti) – Gazprom [RTS: GAZP] plans to cooperate with Vietnamese oil and gas company Petrovietnam in geological prospecting and natural gas production, and in exporting the southeast Asian state's gas to third countries, the Russian energy giant's chief said Monday.

// Nov. 20, 2006 - 07:28 GMT


Cooperation with Vietnam has strong potential - Russia's Alfa Bank

HANOI, November 20 (RIA Novosti) – Financial cooperation between Russia and Vietnam has a promising future, the president of Russia's Alfa Bank said Monday.

// Nov. 20, 2006 - 07:52 GMT


Lehman Brothers Comes Back to Moscow to Offer Investment Banking

American investment bank Lehman Brothers will open an office in Moscow for the first time since it left the city following the Russian financial crisis in 1998. MosNews has already reported on the bank's plans in October.

// Nov. 20, 2006 - 08:00 GMT


Russia considering large-scale investment in Vietnam - Putin

HANOI, November 20 (RIA Novosti) – Russia could invest several billion dollars in the Vietnamese economy, President Vladimir Putin said Monday.

// Nov. 20, 2006 - 08:00 GMT


U.S. Lifts Sanctions on Russian Jet Maker Sukhoi

Russian Foreign Minister Sergey Lavrov said Sunday that the United States has lifted sanctions on jet maker Sukhoi.

// Nov. 20, 2006 - 08:12 GMT


Soros Warns Germany It's Dependent on Russian Energy Sources

Hungarian-born billionaire investor George Soros has warned Germany that the country is dependent on Russia for its energy sources but is in denial about this situation, the British <i>Financial Times</i> reported on Monday, Nov. 20.

// Nov. 20, 2006 - 08:14 GMT


Bush Seeks Support From Hu and Putin on North Korea, Iran

U.S. President George W Bush sought help from China and Russia on thwarting the twin nuclear challenges of North Korea and Iran as security dominated his agenda at an Asia Pacific summit.

// Nov. 20, 2006 - 08:21 GMT