Greek crises continues hurting Russian markets

16.05.2012 15:47   Petr Kanayev, edited by Robert Gally

The crisis in Greece has caused a drop in oil prices, Russian markets and the ruble. Investors are selling securities of Russian companies for fear of......

Ruble fell over holidays due French election and cheap oil

10.05.2012 21:57   Yulia Orlova, edited by Semyon Kvasha

The Ruble had a large fall right after the May holidays. The Central Bank exchange rate for May 11 is 30.19 rubles per 1$ and 39.12 for 1 euro, the Ruble......

Stock market falls, brokers suspect insider trading

04.05.2012 18:54   Yulia Orlova, edited by Robert Gally

On Friday the Russian stock market lead a global fall in prices. the RTS index lost almost 3% during low volume trading. A major 'bear' could have crashed......

75% shares of AvtoVaz to be acquired by Renault-Nissan in a joint venture with Russian Technologies

03.05.2012 18:36   Roman Kondratyev, edited by Semyon Kvasha

Renault-Nissan, Russian Technologies state corporation, Troika Dialog investment company, and AvtoVaz have signed an agreement creating a joint venture......

Yandex has developed its own browser, may launch

26.04.2012 20:40   News dept, edited by Semyon Kvasha

The largest Russian search engine, Yandex, has created its own web-browser, company's CEO Arkady Volozh told Interfax. ...

Social network Odnoklassniki forced to pay $1.5 mln additional taxes

20.04.2012 17:01   Ekaterina Tkachenko, Anastasia Matveeva, edited by Karina Ayvazova

Moscow tax inspection branch #25 has demanded an additional 45 mln rubles ($1.5 mln) from the second largest Russian social network, "Odnoklassniki." The......

Russian movie company Central Partnership to open its own studio

18.04.2012 13:14   News dept

"The Central Partnership", the largest Russian movie company, has announced plans to create its own studio and start movie production. ...

Universal to build amusement park in Moscow

13.04.2012 14:30   Business dept., edited by Karina Ayvazova

The first Universal amusement park is in the works to be built in Moscow. ...

Ministry purposes additonal taxes on foreign flights to support Russia's domestic air industry

12.04.2012 12:35   Alina Chernoivanova, edited by Karina Ayvazova

Russia's Transport Ministry has decided to support domestic air travel by introducing tax on international flights. The decision was initiated by the......

Comedy sold for $350 million

10.04.2012 22:42   Ekaterina Bryzgalova, Alexandr Golofast, edited by Semyon Kvasha

Gazprom Media Holding has bought 75% minus 1 share of Comedy Club Production (CCP) for 10.27 billion rubles ($350 million)....