The average weighted dollar rate for contracts with "tomorrow" settlements was 25.4216 rubles during Thursday morning`s unified trading session on the Moscow Interbank Currency Exchange (MICEX), down 1.85 kopeks from Wednesday.
Gazprombank has decided to open a financial company in London, the bank`s press service said Thursday.
Construction on the second leg of the East Siberia-Pacific Ocean (ESPO) pipeline, managed by state-run pipeline operator Transneft, could begin in 2015-2017, a deputy industry and energy minister said Thursday.
China`s sizzling economy expanded by a stunning 11.9 percent in the second quarter from a year ago, the government said Thursday, and announced it would take new steps to cool the boom.
Russia`s United Aircraft-Building Corporation, formed last year from leading domestic plane producers, could hold an IPO in 2008, the economics minister said Tuesday.
Russia intends to sign documents on its accession to the World Trade Organization with Cambodia in the near future, a government official said Tuesday.
Russia`s Ochakovo brewery, which was accused by the environmental regulator of polluting a river in Moscow, said the water tests were flawed, the company press service said Tuesday.
State-controlled power plant builder Technopromexport is likely to hold an initial public offering (IPO) in the second half of 2008 to raise at least $300 million, a government official said Tuesday.
Food safety fears and broad economic concerns keep China in U.S. headlines, but the epochal rise of America`s greatest potential rival has barely rated a blip so far in the 2008 presidential campaign.
average weighted euro rate for contracts with "today" settlements was 35.1115 rubles during Tuesday morning`s unified trading session on the Moscow Interbank Currency Exchange (MICEX), up 0.04 kopeks from Monday.
The state-controlled foreign trade bank Vnesheconombank (VEB) denied Thursday it has purchased a 50% stake in the Siberia-based Tomskneft oil company.
Gazprom has chosen French oil major Total SA as a partner in the first stage of developing the vast Shtokman natural gas field in the Barents Sea, the chief executive said.
Russia`s agriculture minister said Thursday that higher bread prices were being driven by the world situation, and that he saw no need to restrict grain exports.
The World Trade Organisation (WTO) on Thursday launched a U.S.-requested panel to investigate whether the European Union (EU) has upheld a prior verdict against its banana import rules.
Russia`s premier said domestic farm production will increase 23% by 2012 under the government`s five-year agricultural program, with agricultural development being one of the national welfare projects.
German carmaker BMW has sold its 50 percent stake in Brazilian engine joint venture Tritec to DaimlerChrysler`s Chrysler Group division, BMW said on Thursday.
Transneft, Russia`s state-run pipeline operator, has invested 160 billion rubles ($6 billion) in the East Siberia-Pacific Ocean (ESPO) pipeline being built to transport crude eastward, the company`s president said Thursday.
The average weighted dollar rate for contracts with "tomorrow" settlements was 25.5167 rubles during Thursday morning`s unified trading session on the Moscow Interbank Currency Exchange (MICEX), down 1.96 kopeks from Wednesday.
Trade between Russia and China is expected to grow from $33 billion in 2006 to about $35 billion in 2007, Russian Prime Minister Mikhail Fradkov said Wednesday.
The European Court of Justice has overturned the European Commission`s ruling restricting diamond giant De Beers from buying rough diamonds from Russian Alrosa.
Russian metals giant Norilsk Nickel [RTS: GMKN] said Wednesday it had extended its cash offer to acquire the common stock of Canada`s gold and nickel producer LionOre until July 23.
Gazprom, a Russian energy giant, has shown an interest in buying Mosenergosbyt, which produces about 8% of Russia`s electricity, the director general of the country`s largest electricity selling company said.
Al Khaleej Sugar Co. (Dubai, United Arab Emirates) is planning to build a sugar plant in Krasnodar Territory, a REGNUM correspondent was told at the press office of the Krasnodar Territory Agriculture Department.
Alcan Inc. has begun negotiating toward a merger agreement with Rio Tinto PLC to fend off a hostile bid from U.S. rival Alcoa Inc., Canada`s the Globe and Mail newspaper reported on its Web site.
The average weighted dollar rate for contracts with "tomorrow" settlements was 25.5363 rubles during Wednesday morning`s unified trading session on the Moscow Interbank Currency Exchange (MICEX), down 12.23 kopeks from Tuesday.