- 19:57 21/10/2009
Russian oil and petrochemical exporters posted a 45% decrease in revenue in the first nine months of 2009 to $129 billion, the finance minister told the lower house of parliament on Wednesday.
- 19:31 21/10/2009
Russia will sustain significant losses if it decides to tear up a contract to deliver S-300 surface-to-air missile systems to Iran, an unnamed defense industry official said on Wednesday.
- 18:21 21/10/2009
The lower house of Russia's parliament adopted on Wednesday in the first reading a draft federal budget for 2010 and key budget parameters for the period until 2012.
- 18:04 21/10/2009
Russia's Federal Customs Service said on Wednesday it was ready to sign a deal with the Bank of New York to settle its $22.5 billion money laundering suit against the U.S.-based banking giant.
- 15:48 21/10/2009
Russian President Dmitry Medvedev said on Wednesday that government corporations operating in competitive industries in Russia could be transformed into joint stock companies.
- 15:11 21/10/2009
VTB Group, Russia's largest banking group, announced on Wednesday a net loss of 31.5 billion rubles ($1.07 billion) in January-June 2009.
- 14:07 21/10/2009
The official dollar rate set by the Russian Central Bank for October 22 is 29.1641 rubles, down 2.70 kopeks from Wednesday, the Central Bank said.
- 13:55 21/10/2009
The lower house of Kazakhstan's parliament approved on Wednesday a draft budget for 2010-212, with a deficit expected at 4.1% of GDP next year.
- 13:17 21/10/2009
Russian President Dmitry Medvedev will host a meeting with Russian business leaders on Wednesday, to discuss a strategy to pull the economy out of the ongoing crisis, the business website BFM.ru reported.
- 11:54 21/10/2009
The Russian government may introduce measures to oblige companies to invest in energy efficiency and other technology projects, a Kremlin aide said on Wednesday.
- 10:41 21/10/2009
A second crisis wave in Russia is unlikely, and the economy could switch to sustainable growth as early as 2010, a presidential economic aide said on Wednesday.
- 04:33 21/10/2009
Gazprom Marketing & Trading (GM&T), a subsidiary of the Russian energy giant Gazprom, and Electricite de France (EDF) have agreed to swap natural gas between the U.S. and European markets, the Russian company has said in a statement.
