Business

SEVERSTAL

Russian steelmaker Severstal reports $214 mln profit in Q2

14:25 31/07/2009

Russian steelmaker Severstal posted a net profit of 6.7 billion rubles ($213.8 million), calculated to Russian Accounting Standards, in the second quarter of the year compared with a net loss of 10.2 billion rubles ($325 million) in the first quarter.

Russia's Mechel reports $144 million profit for Q2 2009
13:05 31/07/2009
Mechel said on Friday its net profit calculated to Russian Accounting Standards for the second quarter of this year stood at 4.5 billion rubles ($144 million).
Tatneft oil firm reports 15% net profit rise in 1H09
12:53 31/07/2009
Russian oil company Tatneft said on Friday its net profit under Russian Accounting Standards increased 15% year-on-year in January-June to 33.986 billion rubles ($1.1 billion).
Russian monetary base down 0.6% in week to $130 bln
11:40 31/07/2009
Russia's Central Bank said Friday the country's narrowly defined money supply (M1) was 4 trillion 59.6 million rubles ($130 billion at the current exchange rate) as of July 27, down 0.6% in the week since July 20.
Gazprom posts 40.8% net profit drop in 1H09 under RAS
10:59 31/07/2009
Russian energy giant Gazprom said on Friday its net profits calculated under Russian Accounting Standards (RAS) decreased 40.8% year-on-year in January-June 2009 to 169 billion rubles ($5.3 billion).
Russia's Norilsk Nickel posts net profit of $1.7 bln for Q2
10:28 31/07/2009
Russia's Norilsk Nickel announced on Friday a net profit of 52.1 billion rubles ($1.65 billion) according to Russian Accounting Standards for the second quarter of this year.

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Scuffle in Ukraine’s Parliament Thwarts Language Bill Consideration

Scuffle in Ukraine’s Parliament Thwarts Language Bill Consideration

A brawl broke out in the Ukrainian Parliament on Thursday ahead of the consideration of a bill designed to expand the use of Russian language in the country, a RIA Novosti correspondent reported.

Washington Blasts Russia Again for Poor Democracy Record

Washington Blasts Russia Again for Poor Democracy Record

The U.S. Department of State criticized Russia for continuing violation of human rights and democratic freedoms in an annual report published on Thursday.

Russian presidential envoy to Afghanistan, Zamir Kabulov

Russia Refuses to Allocate $10 mln to Afghan Army

Russia has denied a NATO request to allocate $10 million for the support of the Afghan Army, the Russian presidential envoy to Afghanistan, Zamir Kabulov, said on Thursday following the alliance’s summit in Chicago.

Opposition camp at Moscow’s downtown Chistoprudny Boulevard

Third of Russians Approve of Anti-Putin Camp Closure

Almost third of Russians approve of the closure of the Occupy-style camp at Moscow’s downtown Chistoprudny Boulevard where people were protesting against Vladimir Putin's return to the presidency, a poll held by the Public Opinion Foundation has revealed.

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