Kazakhstan to buy Westinghouse stake from Toshiba for 486.3 million dollars
Kazakhstan is to pay 486.3 million dollars to buy a stake in US nuclear reactor firm Westinghouse from its majority owner Toshiba, news reports said Saturday.
Avtovaz plans to set up JV with Fiat for engine production
AvtoVAZ plans to establish a joint venture to produce engines with Italy`s Fiat, the Russian carmaker`s head said Thursday.
Oil prices hold above $71 a barrel
Oil prices rose Thursday, despite expectations that U.S. government fuel stocks data would show rising gasoline supplies.
Coca-Cola to buy Russia`s Aqua-Vision for 191.5 million euros
Coca-Cola has announced the acquisition of a 100% stake in Russia`s Aqua-Vision from Britain`s Health Tech Corporation Limited for 191.5 million euros ($250 million), the companies said Thursday.
Dollar rises 1.13 kopeks on MICEX, euro is up 1.72 kopeks
The average weighted dollar rate for contracts with "tomorrow" settlements was 25.6742 rubles during Thursday morning`s unified trading session on the Moscow Interbank Currency Exchange (MICEX), up 1.13 kopeks from Wednesday.
Zoellick starts World Bank presidence
Robert Zoellick started work Monday as the new president of the World Bank after a pay-and-promotion scandal toppled its last chief, Iraq war architect Paul Wolfowitz.
State-controlled Rosneft buys Yukos offices
Russia`s state-controlled oil company Rosneft said Monday it had acquired offices and other non-core Yukos assets from Prana, which bought the assets after winning the May 11 auction.
Azerbaijan proposes gas to Russia at $230 per 1,000 cubic meters
SOCAR, State Oil Company of Azerbaijan, addressed Gazprom (Russia) asking whether it wants to buy Azeri natural gas.
Lukashenko: Belarus unafraid of possible U.S. economic sanctions
Belarus does not fear possible U.S. economic sanctions, and will respond with its own should they be imposed, the Belarusian president said Monday.
Moldovan president is satisfied with gas accords with Russia
The president of Moldova told his Russian counterpart Thursday that he was satisfied with recent deals on Russian gas supplies, a sensitive issue in relations between the former Soviet allies.
LSE to buy Borsa Italiana
The London Stock Exchange (LSE.L) is to buy its Italian counterpart for 1.6 billion euros ($2.15 billion), a statement from the two confirmed on Saturday, the latest step in a global consolidation of exchanges.
Russia hopes to conclude WTO talks with Vietnam
Russia hopes to complete bilateral talks on its accession to the World Trade Organization with Vietnam next week, a Russian economics ministry official said Friday.
Russia confirms North Korea fund transfer to Russian bank
Previously-frozen North Korean funds from a Macao bank has been transferred to a Russian bank and Moscow hopes it will help to settle the North Korean nuclear issue, a spokesman for the Russian Foreign Ministry said Saturday.
Iran minister talked about `100 kg of enriched uranium`
Iran`s Interior Ministry dismissed Friday a non-official Iranian media report that quoted the ministry`s chief as saying the country has 100 kg of enriched uranium, official state news agency IRNA said.
Venezuela says some oil majors reject takeovers
Some oil majors have rejected Venezuela`s terms for the takeover of their multi-billion dollar projects and can leave the OPEC nation, President Hugo Chavez said on Friday, days before a deadline for them to strike nationalization deals.
TNK-BP sells its stake in Kovykta gas field to Gazprom
On June 22, Gazprom, BP and TNK-BP signed a memorandum of understanding. The agreement is signed to create a strategic alliance with the Russian gas giant, Gazprom, to invest jointly in major long-term energy projects or swap assets around the world.
Russia placed third globally after 2006 IPO results -Ernst&Young
Russia`s companies were placed third in the world in terms of fundraising through initial public offerings in 2006, a leading auditor said Thursday.
Yahoo acquires U.S. sports media site Rivals.com
Yahoo Inc. said on Wednesday it would acquire Rivals.com, a site for fans of college and high school teams, bolstering the Internet media company`s place as the top U.S. sports site in audience terms.
Russia`s Audit Chamber to check rail monopoly in 2007
Russia`s Audit Chamber will carry out a planned auditing check of railway monopoly Russian Railways (RZD) in 2007, the chamber`s chairman said Thursday.
Euro slips 4.66 kopeks, gollar rises 3.2 kopeks on MICEX
The average weighted euro rate for contracts with "today" settlements was 34.7772 rubles during Thursday morning`s unified trading session on the Moscow Interbank Currency Exchange (MICEX), down 4.66 kopeks from Wednesday.
Russian gold and currency reserves down $1.5 bln in week
Russia`s gold and foreign currency reserves fell $1.5 billion, to $405 billion, in the week of June 8 - June 15, the Central Bank of Russia said Thursday.
Russia to issue major East Siberia gold deposit license in 2008
Russia`s Natural Resources Ministry is prepared to issue a license for the development of Sukhoi Log, a major gold deposit in Eastern Siberia, in 2008, a deputy minister said Tuesday.
RusAl to set up JV with France`s Areva for equipment production
Russia`s newly-created aluminum giant United Company RusAl said Tuesday it would set up a joint venture with France`s Areva to produce electrical equipment for aluminum enterprises.
Russia`s UES to sell stakes in OGK-4, TGK-1 in July
Russia`s electricity monopoly Unified Energy System [RTS: EESR] intends to sell majority stakes in wholesale generating company OGK-4 and territorial generating firm TGK-1 in July, a UES board member said Tuesday.
Bank of Russia foreign currency exchange rates for June 20
The following rates of exchange of foreign currencies to the ruble of the Russian Federation have been fixed for the purposes of accounting and customs duty payments from June 20, 2007: