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. Last Updated: 07/27/2016

06/27/2008

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Severstal Buys U.S. Plants for $1.25Bln

The country’s largest steelmaker, Severstal, announced Thursday that it had won a bidding war for U.S. steelmaker and distributor Esmark, agreeing to shell out $1.25 billion for the company.

When Success and Image Don't Mesh

The country’s crumbling infrastructure might require an urgent overhaul, rampant corruption might need to be stamped out, and runaway prices might demand taming, but Russia’s most pressing task, some observers say, lies in a completely different area.

Late-Landing Solana Upstaged by Medvedev

EU foreign policy chief Javier Solana found out Thursday that it does not pay to be tardy.

Finns Threaten Trade Measures

Reuters
But such a move in a dispute between Moscow and Helsinki over wood tariffs might contradict international trade law.

AAR Threatens Suit Over Meeting It Led

The Russian billionaires who own half of TNK-BP threatened new legal action against BP on Thursday for not following their wishes at a shareholders meeting presided over by one of their own representatives.

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