| September 2009 |
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Inflation in Russia could be below 11% in 2009, the Central Bank chief said on Wednesday.
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China Investment Corporation (CIC) has paid $939 million for a stake in Kazakh oil and gas company KazMunaiGas (KMG), the Xinhua news agency reported on Wednesday.
Russia's gross domestic product will reach its pre-crisis levels in the third quarter of 2012, the World Bank's chief economist for Russia said on Wednesday.
Gazprom intends to strengthen its positions on the gas and electric power markets of North America, following recommendations by its board of directors, the Russian energy giant said on Wednesday.
Russia's state-owned oil company Rosneft is prepared to study all offers to buy new assets, the company's CEO said on Wednesday.
Gazprom said on Wednesday it will increase its borrowings by 214.9 billion rubles ($7.2 billion) to 304.9 billion rubles ($10.2 billion) in 2009 in line with its adjusted investment program and budget for this year.
Russian state-run national development bank, Vnesheconombank (VEB), could become a shareholder in AvtoVAZ as a condition for state support for the ailing Russian car giant, a business paper reported on Wednesday.
A Russian government commission has proposed introducing a 5% duty rate on nickel exports from December 1, the government website said.

Ukraine's state oil and gas company Naftogaz is seeking a loan of up to 400 million euros ($580 million) from the European Bank for Reconstruction and Development (EBRD), the country's finance minister said.
The CEOs of Russia's Gazprom and Italy's Eni have discussed the potential involvement of a third partner in their South Stream gas pipeline project, Gazprom said in a statement on Wednesday.
The Russian Helicopters company said on Tuesday it has invited India to participate in a number of joint projects and investment programs, including the assembly and sales of civilian helicopters.