
Sochi 2014 contractors sign "green" declaration
Major companies building sporting facilities for the 2014 Winter Olympic Games in Sochi followed UN recommendations on Wednesday and signed a declaration to protect the local ecosystem.

Major companies building sporting facilities for the 2014 Winter Olympic Games in Sochi followed UN recommendations on Wednesday and signed a declaration to protect the local ecosystem.

Russia`s retail market has significant innovation potential, but this doesn`t always translate into reality, with at the annual Consumer 360 forum hearing that Russian companines need to become more innovative.

More than 45% of registered crimes last year went unsolved, President Dmitry Medvedev revealed during a meeting at the Interior Ministry, where he stressed the need for a revamped law-enforcement institution.

Despite general Russian advertising market growth in 2010 large companies, including Unilever, Reckitt Benckiser, Wimm-Bill-Dann, MTS and Megafon slashed their advertising budgets, and market players are looking for a better 2011.

Russian Justice Ministry has declined to register a Pirate Party because of its name which, officials say, evokes maritime piracy.

Russian Foreign Minister Sergey Lavrov has demanded that the coalition must strictly abide by the goal of the UN Security Council resolution on Libya.

Moscow is pursuing a pragmatic foreign policy that rules out being dragged into a costly arms race, President Dmitry Medvedev has said.

Health authorities in Russia`s Far East warned local residents on Friday against uncontrolled consumption of iodine-rich substances among fears of radiation fallout from Japan`s quake-hit nuclear power plant.

With the government looking to promote development of Russia`s agricultural sector Business RT spoke with Rustem Mergalimov, head of major Russian agricultural producer Razgulay Group, about the challenges and issues it faces.

A new Federal draft law about a national payment system is ready for a second reading in the State Duma. Its intention is to provide for all information about non-cash payments to be processed within Russia and it has become the subject of heated debate.

The Russian car market will grow by about a quarter in 2011 supported by government funds and economic recovery, analysts say.

What are the main issues Russians should consider before taking a mortgage?

Below is TNK-BP`s management response to inaccurate and misleading statements issued by BP Plc yesterday in relation to the TNK-BP Board meeting held in Paris on March 12.

Authorities and the population in Russia`s Far East are closely watching reports from Japan, where nuclear specialists are struggling to bring Fukushima power plant under control, as a major disaster could affect the whole region.

A new audit revealed the US Medicare program illegally spent more than $3 million in 2007 and 2008 on Viagra and other similar drugs for senior citizens.

On Tuesday, President Dmitry Medvedev ordered an investigation into overpricing practices at 2014 Winter Olympic construction projects.

March 13 was marked on calendars nationwide as the day of elections for practically all of Russia - of the total 83 subjects of the Russian Federation, 74 held elections.

The TNK-BP Board of Directors extraordinary meeting was held today in Paris. The only item on the Board`s agenda was a vote on the TNK-BP management`s proposal for the Company to participate in the Arctic exploration project and a share swap and with Rosneft instead of BP.

China on Monday pledged $4.6 million in emergency aid to support a huge relief effort in Japan after a massive earthquake and tsunami struck the island nation, Xinhua news agency reported.

Russia`s flagship airline Aeroflot opened its own flight school in the Moscow region on Friday.

Central Asian drug cartels consider Russia a vast market "for selling large batches of drugs," the head of Russia`s drug control service (FSKN) Viktor Ivanov said on Thursday.

The hockey tournament at the Sochi 2014 Olympics will be played on international-sized rinks measuring 60 meters by 30 meters.

A total of 410 people died as a result of terrorist acts in Russia in 2010, deputy chief of staff of the National Anti-terrorist Committee (NAC) said.

Some 25% of Moscow`s 2011 budget will be spent on infrastructure projects, a deputy mayor of the Russian capital, Vladimir Resin, said.

The move by Russia`s central bank to lift the refinancing rate at its last meeting brought economic focus back to inflation, with crude and commodity prices, the rouble, and the economic recovery all factors to be balanced in the response.