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. Last Updated: 07/27/2016

06/25/2008

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Big Business Adopts a Tougher Tone

The country's most powerful business lobby has called for greater help from the government in expanding abroad and less for state-controlled companies, while complaining about the Kremlin's lack of interest in establishing a real dialog with business.

Siberian Summit Looks for New Start

and Miriam Elder
Russia and the European Union hope to turn a page in their stalled relations when their leaders meet in this Siberian oil town this week.

LUKoil Pays $2Bln for Stake in Italian Refiner

Reuters
LUKoil finally got a break into the West European refining business on Tuesday, buying 49 percent of Italian refiner ERG’s Mediterranean plant for 1.35 billion euros ($2.1 billion).

British Official Praises Energy Ties

A British government official on Tuesday touted energy cooperation with Russia if investor rights were protected, but he did not explicitly refer to BP's ongoing struggle with its Russian partners at TNK-BP.

CTC Picks Kudryashov As CEO

The Moscow Times
CTC Media named Anton Kudryashov as CEO on Tuesday as it expands its television operations.

Coke, Hiding Its Colors, Goes Local

The product is as Russian as vodka and blini, and the company's as American as apple pie, but Coca-Cola thinks it has as good a chance as anyone of selling kvas on the booming local market.

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