$700 billion wiped off U.S. stock market in single session
The U.S. stock market has suffered a $700 billion paper loss in a single session, as measured by the Dow Jones Wilshire 5000 Composite Index, which tracks the stocks of 5,000 U.S.-based companies.
// Oct. 08, 2008 - 05:36 GMT
Russia's Lavrov to attend CIS foreign ministerial meeting
Russian Foreign Minister Sergei Lavrov will attend a CIS foreign ministerial meeting in the Kyrgyz capital of Bishkek on October 9, a Foreign Ministry spokesman said on Wednesday.
// Oct. 08, 2008 - 06:13 GMT
Pavlyuchenko out for three weeks, to miss Germany clash
Russian striker Roman Pavlyuchenko is expected to be out for three weeks with a partially torn knee ligament and will miss Russia's upcoming World Cup qualifiers against Germany and Finland.
// Oct. 08, 2008 - 06:27 GMT
Russian steelmaker Severstal's U.S. investment to hit $6bln
Russian steel producer Severstal [LSE: SVST; RTS: CHMF] has said its investments in U.S.-based assets are set to reach $6 billion by the end of 2009.
// Oct. 08, 2008 - 06:33 GMT
Eurasian economic leaders to focus on financial crisis Oct. 10
The leaders of the Eurasian Economic Community (Eurasec) will gather in the Kyrgyz capital Bishkek on October 10 to discuss joint measures to tackle the global financial crisis.
// Oct. 08, 2008 - 07:35 GMT
Russia's MICEX, RTS exchanges halt trading over sharp falls
The Russian stock exchanges MICEX and RTS suspended trading from 11:05 a.m. Moscow time (07:05 GMT) after their indexes plunged shortly after opening, spokesmen for the exchanges reported on Wednesday.
// Oct. 08, 2008 - 07:57 GMT