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. Last Updated: 07/27/2016

12/15/2008

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Daimler Pays Big for KamAZ Stake

German manufacturer Daimler inked a deal Friday to purchase 10 percent of Russian truck maker KamAZ at a price 3.5 times the stake’s current market value.

Police Detain 90 For Illegal Protest

Combined Reports
Police thwarted an anti-Kremlin protest organized by the Other Russia opposition group on Sunday, seizing demonstrators and shoving them into trucks. Moscow police detained 90 people, including the group's co-leader and a Moscow Times reporter.

Crisis Reactions Rile Minority Shareholders

As cash-strapped oligarchs take measures to save their own assets, investors say corporate governance is going from bad to worse.

Official Backtracks on 'Recession' Comment

Deputy Economic Development Minister Andrei Klepach was forced to clarify his comments Friday after saying the country has entered a recession that might last through the first two quarters of 2009.

Huge Grain Harvest No Boon for Farmers

This year Russia is enjoying the biggest grain harvest it has ever seen -- and farmers couldn't be more worried.

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