RIA Novosti

India pushes for WTO reform

Sat, 21 Nov 2009 16:51:00 GMT

India has proposed urgent reforms in the operation of the World Trade Organization, the Press Trust of India reported Saturday.

Putin calls for modernization of Russia's economy

Sat, 21 Nov 2009 10:54:00 GMT

Russia's prime minister has called for modernization programs and more responsible attitudes among the business community, to reduce the economy's dependence on raw materials.

Putin announces $17 bln in state guarantees for companies in 2010

Sat, 21 Nov 2009 09:57:00 GMT

Russian companies will be able to obtain state-guaranteed loans totaling 500 billion rubles ($17 billion) in 2010, the prime minister told the ruling party on Saturday.

Russia, U.S. could cooperate in metallurgy, wood industry

Sat, 21 Nov 2009 03:57:00 GMT

Metallurgy, chemistry, wood industry and science intensive production are the spheres where Russian-U.S. economic cooperation can be the most effective.

CIS countries could scrap dollar in several years - Kudrin

Fri, 20 Nov 2009 17:40:00 GMT

CIS countries could drop the U.S. dollar in financial settlements and start using their national currencies within the next few years, the Russian finance minister said on Friday.

Turkey cancels tender for first NPP project

Fri, 20 Nov 2009 16:53:00 GMT

Turkey on Friday canceled a tender for the construction of its first nuclear power plant, Turkey's Electricity Trade Corp (TETAS) said.

Foreign investment in Russia down 28% in 9M09

Fri, 20 Nov 2009 12:44:00 GMT

Foreign investment in the Russian economy in the first nine months of the year fell 27.8% year-on-year to $54.738 billion, the state statistics service said on Friday.

Dollar up 10.95 kopeks, euro up 24.09 kopeks - Central Bank

Fri, 20 Nov 2009 11:44:00 GMT

The official dollar rate set by the Russian Central Bank for November 21-23 is 28.8554 rubles, up 10.95 kopeks, the Central Bank said on Friday.

Number of China's millionaires grows despite global recession

Fri, 20 Nov 2009 07:45:00 GMT

The number of dollar millionaires in China is expected to grow to 450,000 by the end of this year, despite the overall decline in global wealth, the Boston Consulting Group (BCG) has said.

Russia's largest carmaker to elect new board

Fri, 20 Nov 2009 05:56:00 GMT

Shareholders of AvtoVAZ, Russia's largest auto manufacturer, will meet on Friday to elect a new board of directors, as the company struggles amid mounting debt and low sales.

Ukraine, Russia set to ink new nuclear energy deal

Thu, 19 Nov 2009 23:05:00 GMT

Ukraine and Russia have prepared a strategic cooperation contract in the nuclear energy sphere until 2020, Ukrainian Prime Minister Yulia Tymoshenko said.

Putin says no gas crisis with Ukraine on New Year's

Thu, 19 Nov 2009 22:09:00 GMT

Russia and Ukraine will not face another gas crisis during New Year holidays as both countries pledged to fulfill their obligations on gas transit to Europe, Russian Prime Minister Vladimir Putin said.

Norwegians dump Norilsk Nickel shares over ecology threat

Thu, 19 Nov 2009 21:27:00 GMT

Shares of the Russian metals giant Norilsk Nickel have been excluded from the portfolio of the Government Pension Fund of Norway, the country's Finance Ministry said in a statement.

Maxim Barsky appointed next CEO of TNK-BP

Thu, 19 Nov 2009 16:53:00 GMT

Maxim Barsky was appointed the chief executive of the Russian-British joint venture TNK-BP on Thursday, the TNK-BP board of directors said.

Russia to supply 116 bln cu m of gas to Europe via Ukraine in 2010

Thu, 19 Nov 2009 11:37:00 GMT

Russia is planning to supply 116 billion cubic meters of natural gas to Europe via Ukraine in 2010, the Russian government has said.

Russia's Central Bank set to buy 965,000 oz of gold by yearend

Thu, 19 Nov 2009 11:12:00 GMT

Russia's Central Bank said on Thursday it is ready to buy 30 metric tons (965,000 troy ounces) of gold at market prices from the country's precious metals depositary Gokhran by the end of the year.

Dollar up 2.96 kopeks, euro up 1.54 kopeks - Central Bank

Thu, 19 Nov 2009 11:04:00 GMT

The official dollar rate set by the Russian Central Bank for November 20 is 28.7459 rubles, up 2.96 kopeks, the Central Bank said on Thursday.

Russia's international reserves up $7.8 bln to $441.7 bln in week

Thu, 19 Nov 2009 08:41:00 GMT

Russia's international reserves comprising gold, foreign exchange and a range of other assets increased by $7.8 billion to $441.7 billion in the week of November 6-13, the Central Bank said on Thursday.

Russian steelmaker Severstal posts $66 mln net profit in Q3

Thu, 19 Nov 2009 08:28:00 GMT

Russia steelmaker Severstal reported on Thursday a net profit under International Financial Reporting Standards of $66 million in July-September 2009, compared with a $290 million loss in the second quarter.

Moscow hopes to agree on pact with EU soon

Wed, 18 Nov 2009 16:39:00 GMT

Russia hopes a new cooperation agreement with the European Union will be finalized soon, President Dmitry Medvedev said on Wednesday.

Ukraine's Tymoshenko says gas not on agenda for Putin meeting

Wed, 18 Nov 2009 16:27:00 GMT

Ukrainian Prime Minister Yulia Tymoshenko said natural gas supplies would not be on the agenda of her meeting with Russian Prime Minister Vladimir Putin later this week.

Decline in gas sales to EU will harm Gazprom - analyst

Wed, 18 Nov 2009 14:27:00 GMT

The decrease in Russian natural gas sales to Europe this year is will cause problems for energy giant Gazprom, the country's largest company, an energy analyst said on Wednesday.

Belarus to gain access to Venezuelan gas deposits

Wed, 18 Nov 2009 13:09:00 GMT

Belarus will be able to extract natural gas at gas fields in Venezuela, the Venezuelan ambassador to the ex-Soviet republic said on Wednesday.

Russia completes delivery of Su-30 fighters to Algeria

Wed, 18 Nov 2009 11:13:00 GMT

Russia has completed the delivery of Su-30MKA Flanker multi-role fighters to Algeria, an aircraft maker said on Wednesday.

Medvedev thanks Sweden for approving Nord Stream gas pipeline

Wed, 18 Nov 2009 11:07:00 GMT

Russia's President Dmitry Medvedev thanked Sweden on Wednesday for approving the construction of the Russian-German Nord Stream natural gas pipeline through its economic zone in the Baltic Sea.