| October 2008 |
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Russia's stock markets closed up 10-11% on Thursday recovering somewhat after a week of turmoil and plunging shares. 
Russian energy giant Gazprom [RTS: GAZP] has no plans to buy back its stock due to the ongoing global financial crisis, Gazprom CEO Alexei Miller said on Thursday. 
Russia's State Property Committee has approved the transfer of the state's stakes in the embattled AirUnion alliance to the state-run Russian Technology Corporation, a Russian paper said on Thursday. 