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2007-07-11, 11:12

Oil companies to hold firm despite Niger Delta unrest

Multinational oil companies being targeted by militants in Nigeria will weather attacks on their infrastructure and personnel given the huge potential for profit there, analysts and the oil groups say.

2007-07-11, 10:27

Russia and Saudi Arabia to launch WTO talks

Russia will start Wednesday bilateral negotiations with Saudi Arabia on its accession to the World Trade Organization (WTO), a Russian economics ministry official said.

2007-07-10, 15:50

BMW says mainland China vehicle sales 38 pct

BMW, the world`s largest premium car maker, said on Tuesday it sold 38 percent more cars in mainland China in the first half of 2007, as the country`s growing ranks of nouveau riche snapped up the latest models.

2007-07-10, 15:11

Russia`s watchdog moves to revoke gold producer`s license

Russia`s environmental watchdog is requesting that a license be revoked for a gold field in Chukotka from a 100% subsidiary of Britain`s Highland Gold Mining Ltd, the country`s natural resources ministry said Tuesday.

2007-07-10, 10:36

Ford to boost Russia output, launch Mondeo

Ford Motor Co. said on Tuesday it would boost production in Russia to 125,000 cars per year by 2009 from 72,000 as it seeks to satisfy booming demand in Europe`s fastest growing car market.

2007-07-05, 15:45

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.

2007-07-05, 11:32

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.

2007-07-03, 11:46

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.

2007-07-03, 11:14

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.

2007-06-23, 16:22

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.

2007-06-23, 15:09

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.