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. Last Updated: 07/27/2016

12/02/2008

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Putin Labels Markets 'Unfair'

Prime Minister Vladimir Putin described the effect foreign markets have on domestic share prices as “unfair” during a government meeting Monday, saying the values of the securities do not accurately reflect those of the companies themselves.

Tourists Ignoring Troubles in Thailand

Despite opposition protests that have closed Bangkok’s main airport, Russian travelers keep heading to the Asian destination.

Sechin in Line for Best Chairman Award

When it comes to defending investors, Deputy Prime Minister Igor Sechin might just be the country’s best chairman of the board — or so a group of private investors said on Monday.

Norilsk Post May Go to CEO

Norilsk Nickel CEO Vladimir Strzhalkovsky was nominated Monday by Rosbank to the miner’s board, the company said Monday.

LSR to Cut Jobs, Delay Projects

Bloomberg
LSR Group, the country's second-largest property developer, will cut 10 percent of its workforce and freeze new projects next year because of a slump in the construction industry. Meanwhile, Goldman Sachs gives the company a buy rating.

German Driver Kills Pedestrians

A German man who works as a teacher at the German Embassy's school struck and killed two pedestrians at a Moscow crosswalk after he failed to stop for them while driving a luxury sports utility vehicle, city police said Monday.

Foreign Firms Lining Up to Help Beat the Traffic

Moscow's catastrophic traffic woes are increasingly hurting investment and hampering growth, but city authorities are slow to exploit innovative ideas to improve the situation, transportation experts say.

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