Rosneft shares made a lackluster debut on the London Stock Exchange on Wednesday, as market players warned the stock price would depend on the firm's ability to acquire new assets in the next year.
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From wine restaurants with no wine to hypermarkets with only one brand of whiskey, businesses are feeling the pain from the spectacular failure of a new system of alcohol excise labels.
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Russia has signed a contract on supplies of military planes and helicopters to Venezuela worth over $1 billion, the defense minister said Friday.
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The president of Boeing Russia/CIS said Friday that the U.S. giant's 787 Dreamliner could be called a joint project with Russia for a number of reasons.
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Italian Prime Minister Romano Prodi urged Ukraine on Monday to fill its gas reserves to avoid repeating January's supply crunch, when Russia cut its gas supplies to Ukraine and disrupted European imports.
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President Vladimir Putin gave a boost late Sunday to Norwegian companies' bid to partner with Gazprom in developing the massive Shtokman natural gas field, saying they were favored "for many reasons."
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Russian President Vladimir Putin said Thursday he was surprised that Germany and other European countries did not see the benefits of diversifying transportation routes for supplies of Russian natural gas to Europe.
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Investment in the Russian economy currently stands at 18 percent of the GDP, Kristalina Georgieva, Director for the World Bank Russia program, said at an annual national business forum on Tuesday
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An agreement on the construction of a new airport near the Siberian city of Irkutsk has been signed by Russia’s Federal Air Transportation Agency and the Irkutsk Region administration, the local governor said Wednesday.
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The official opening of the G8 international press center on the premises of the Palace of Congresses state complex in St. Petersburg is scheduled for July 14.
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More than 250 Russian and foreign arms manufacturers are attending an international arms exhibition that opened today in the Urals region, a local industry official said Tuesday.
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Germany's Woco is planning to build a plant in Togliatti in 2007 that would produce mechanical rubber parts and metal rubber parts for Lada automobiles, the Avtovaz (RTS: AVAZ) press service said in a release.
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