Business

Russian shipyard seeks $60 mln loan to complete Indian frigates

© RIA Novosti. Alexei Danichev

Russian shipyard seeks $60 mln loan to complete Indian frigates

18:49 05/08/2009

The Russian Yantar shipyard is negotiating a $60 million loan to enable it to complete the construction of three frigates for the Indian Navy, the company director said on Wednesday.

Investment in Russian-Turkish metals JV to hit $1.5 bln - Sechin
18:25 05/08/2009
Investment in the Russian-Turkish joint metal processing factory MMK-Atakas, being built in Iskenderun in south Turkey, will reach $1.5 billion, Russian Deputy Prime Minister Igor Sechin said on Wednesday.
Turkey to approve construction of South Stream pipeline
17:51 05/08/2009
Turkey will grant permission for the construction of the South Stream gas pipeline across its Black Sea sector, a Russian government official said on Wednesday citing a draft bilateral protocol.
Ukraine pays in full for Russian gas pumped into storage tanks
15:40 05/08/2009
Ukrainian Prime Minister Yulia Tymoshenko said on Wednesday during a press conference that Kiev has paid Moscow in full for gas pumped into its storage facilities in July.
Gazprom to buy controlling stake in Kyrgyz national gas company
14:52 05/08/2009
Gazprom will acquire a controlling stake in Kyrgyzstan's national gas company, following agreement between the Russian energy giant and the Kyrgyz government, the Central Asian republic's ambassador to Moscow said on Wednesday.
Dollar up 8.42 kopeks, euro up 6.83 kopeks - Central Bank
14:19 05/08/2009
The official dollar rate set by the Russian Central Bank for August 6 is 31.1326 rubles, up 8.42 kopeks, the Central Bank said

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Vladimir Putin

Putin Sets Out Blueprint for Russian Business

Prime Minister Vladimir Putin set out his agenda for the future of Russian business on Thursday at a meeting with entrepreneurs, promising less regulation and taxes and asking business to help plan its future.

Greece Agrees to Fresh Austerity Measures

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Greek political leaders have finally struck a deal on new austerity measures demanded by creditors to secure a 130-billion euro bailout to avoid default and keep the country afloat, local media reported on Thursday.

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The State Duma will invite political parties that have no parliamentary representation to discuss reform of the country’s political system on February 28, Oleg Morozov, deputy speaker of the lower house of parliament, said on Thursday.

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