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Court rejects Telenor appeal against paying $1.7 bln to VimpelCom

21:53 03/06/2009

A Moscow court rejected on Wednesday an appeal from Norway's Telenor to suspend an order to pay $1.728 billion to Russia's second largest mobile phone operator VimpelCom, in which it holds 29.9%.

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Nord Stream participants ready to readjust route - Putin
21:43 03/06/2009
Participants in the project to lay the Nord Stream natural gas pipeline under the Baltic Sea are ready to alter the route in line with Finland's environmental concerns, the Russian prime minister said on Wednesday.
Putin warns of gas shutdown to Europe if Ukraine fails to pay
21:24 03/06/2009
Russia's prime minister warned on Wednesday that natural gas pumped via Ukraine to Europe could be cut off by early July if Ukraine fails to pay for its gas, and urged the EU to intervene.
St. Petersburg prepares for economic forum
19:32 03/06/2009
As Russia's second-largest city St. Petersburg readies itself for an international economic forum this weekend, the authorities have asked locals to put up with temporary inconveniences.
Iran proposes buying all Azeri gas produced at Caspian field
17:19 03/06/2009
Iran has proposed buying all of the natural gas produced at an Azerbaijani gas field in the Caspian Sea, the South Caucasus republic's energy and fuel minister said on Wednesday.
Russian uranium trader, U.S. Exelon sign supplies contract
17:08 03/06/2009
Russian uranium trader Tekhsnabexport and U.S. firm Exelon have signed a contract to supply enriched uranium covering 2014-2020, a spokesman for Russian nuclear holding Atomenergoprom said on Wednesday.
GM Hummers could be produced by the Chinese
16:48 03/06/2009
China's Tengzhong, which produces heavy machinery, plans to buy the right to produce Hummer off-road vehicles from troubled U.S. company General Motors, the firm has said.
Russia's LUKoil posts 71% net profit drop in Q1
15:33 03/06/2009
Russia's largest privately owned oil producer LUKoil said its US GAAP net profit had plunged 71%, year on year, in January-March to $905 million
Russia's services group Sistema posts $395.5 mln net loss in Q1
15:07 03/06/2009
Russia's largest consumer services corporation Sistema said it made a US GAAP net loss of $395.5 million in the first quarter compared with a net profit of $398.8 million a year earlier
Dollar down 21.90 kopeks, euro up 23.38 kopeks - Central Bank
14:44 03/06/2009
The official dollar rate set by the Russian Central Bank for June 4 is 30.5131 rubles, down 21.90 kopeks from Wednesday, the Central Bank said
Medvedev to meet top global energy CEOs at Petersburg forum
11:13 03/06/2009
Russian President Dmitry Medvedev will meet with the heads of 20 of the world's top energy companies at a business forum in St. Petersburg on June 5, a presidential economic aide said on Wednesday.
Putin visits Finland to push for Nord Stream, talk timber tariffs
10:43 03/06/2009
Russia's prime minister will visit Finland on Wednesday to push for Finland's approval for the Nord Stream pipeline to bring Russian natural gas to Europe under the Baltic Sea.

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USD	26/05	31.7572	+0.1325
EUR	26/05	39.8426	+0.0745

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Business

Court rejects Telenor appeal against paying $1.7 bln to VimpelCom

Nord Stream participants ready to readjust route - Putin

Putin warns of gas shutdown to Europe if Ukraine fails to pay

St. Petersburg prepares for economic forum

Iran proposes buying all Azeri gas produced at Caspian field

Russian uranium trader, U.S. Exelon sign supplies contract

GM Hummers could be produced by the Chinese

Russia's LUKoil posts 71% net profit drop in Q1

Russia's services group Sistema posts $395.5 mln net loss in Q1

Dollar down 21.90 kopeks, euro up 23.38 kopeks - Central Bank

Medvedev to meet top global energy CEOs at Petersburg forum

Putin visits Finland to push for Nord Stream, talk timber tariffs

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Archive

Top multimedia

Images: Final Bell Rings for Russia’s High School Seniors

Video: Russian and Ukrainian Sailors Save a Ferry and Defend a Hospital During a Joint Exercise

Infographics: The World’s Tallest Television Towers

Cartoons: Tedious stability

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