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Fitch Revises Outlook on Moscow

17:01 18/01/2012 MOSCOW, January 18 (RIA Novosti)

International rating agency Fitch has revised down its outlook on Russian cities of Moscow and Saint Petersburg to stable from positive over the increased political uncertainty in Russia ahead of the March presidential vote, the agency said on Wednesday.

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Egypt Dismantles Equipment at Looted Nuclear Plant Site
16:42 18/01/2012
Egyptian engineers have started dismantling equipment and machinery at a nuclear power plant construction site after looters damaged parts of the station, the Al-Masry Al-Youm daily reported.
EBRD Invested Record $3 bln in Russia Last Year
15:47 18/01/2012
The European Bank for Reconstruction and Development in Europe (EBRD) invested a record $2.9 billion in Russia last year, up 25 percent on the previous year, the bank said on Wednesday.
Greece May Force Creditors to Take Losses
15:35 18/01/2012
Greece will consider legislation forcing private creditors to take losses on their holdings, if it fails to reach agreement in critical negotiations scheduled to resume on Wednesday, Greek Prime Minister Lucas Papademos said.1
World Bank Advises Russia to Raise Pension Age
15:07 18/01/2012
Russia needs to take steps to increase its economically active population, including unpopular measures like raising the retirement age, World Bank Vice-President for Europe and Central Asia Philip Le Wairua said on Wednesday.
Sberbank Boss Rules Out Ruble Devaluation
14:28 18/01/2012
There are no prerequisites for the ruble’s devaluation this year, despite record capital outflows last year and political uncertainty ahead of the March presidential election in the country, Sberbank chief German Gref said on Wednesday.
Italy's Steelmaker to Build 50 Mln Euro Plant in Urals
14:16 18/01/2012
RusAl Wins Loan Covenant Holiday
14:06 18/01/2012
Russian aluminum giant RusAl has successfully negotiated a covenant holiday in 2012-2013 for interest payments on its $4.75 billion loans, the company said on Wednesday.

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Business

Fitch Revises Outlook on Moscow

Egypt Dismantles Equipment at Looted Nuclear Plant Site

EBRD Invested Record $3 bln in Russia Last Year

Greece May Force Creditors to Take Losses

World Bank Advises Russia to Raise Pension Age

Sberbank Boss Rules Out Ruble Devaluation

Italy's Steelmaker to Build 50 Mln Euro Plant in Urals

RusAl Wins Loan Covenant Holiday

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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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Scuffle in Ukraine’s Parliament Thwarts Language Bill Consideration

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Third of Russians Approve of Anti-Putin Camp Closure

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