Russia-China oil pipeline to be ready by yearend - minister

The construction of the Russia-China oil pipeline will be finished by the end of this year, Chinese Foreign Minister Yang Jiechi said on Sunday.

// Mar. 07, 2010 - 06:21 GMT


U.S. investment in Moscow Region grew 250% in 2009 - governor

U.S. investment in the Moscow Region increased 250%, year-on-year in 2009 to $200 million, the press office of the Moscow Region governor said

// Mar. 03, 2010 - 09:51 GMT


Russia faces long road to recovery but no 2nd crisis - banker

A second wave of economic crisis wave is unlikely in Russia but the country is braced for a long period of recovery after the global financial meltdown, a senior Central Bank official said on Wednesday.

// Mar. 03, 2010 - 09:20 GMT


Russia lowers oil export duty to $253.7 per ton from March 1

Russia is lowering oil export duty on its Urals blend from the current $270.7 to $253.7 per metric ton from March 1, following trends on global oil markets

// Mar. 01, 2010 - 08:02 GMT


Russia to hold auctions to sell stakes in state companies - Kremlin aide

The Russian government intends to hold auctions in the coming months to offer stakes in state companies as part of a program to privatize government corporations, a Kremlin economic aide said on Tuesday.

// Feb. 16, 2010 - 09:29 GMT


Dubai World may offer investors guaranteed 60% debt repayment

The debt-saddled company Dubai World may offer creditors 60 cents to the U.S. dollar on money it owes to them as part of a $22 billion debt restructuring deal, Zawya Doe Jones reported on Sunday.

// Feb. 14, 2010 - 11:56 GMT


Russia's top Internet search engine to bid for U.S. messenger ICQ

Russia's largest Internet company Yandex may bid for the ICQ messenger, put up for sale by the U.S. company AOL, a respected business daily reported on Thursday.

// Feb. 11, 2010 - 08:59 GMT


Russia, Italy to establish car making JV soon - paper

Russian Prime Minister Vladimir Putin will announce on Thursday the establishment of a joint venture between Russian automaker Sollers and Italy's car giant Fiat, a Russian business daily said on Tuesday.

// Feb. 09, 2010 - 08:01 GMT


Russia's work to build China's Tianwan nuclear plant stage to cost $1.8 bln

Russia and China have agreed that Russia's part of work to build the second stage of the Tianwan nuclear power plant (NPP) will cost 1.3 billion euros ($1.8 bln), a source close to negotiations said.

// Feb. 09, 2010 - 01:07 GMT


Gazprom to give up part of Russian market by 2030 - paper

Russian natural gas monopoly Gazprom will increasingly cede the domestic market to independent producers by 2030 as part of ambitions to double exports to 320–345 billion cubic meters, a Russian business daily said on Monday.

// Feb. 08, 2010 - 07:34 GMT