Moscow is the world’s most expensive city for the second year in a row, thanks to an appreciating ruble and rising housing costs, a new survey reports.
Popularity: 8% [?]
June 19, 2007
The Cognac industry of southwest France yesterday reported record exports, thanks to an explosion of sales to Russia and China.
Popularity: 9% [?]
June 15, 2007
According to Pravda.Ru, PepsiCo and PepsiAmericas, the second-largest bottler of Pepsi-Cola products, said they agreed to jointly acquire 80 percent of Ukrainian juice company Sandora LLC for a total of $542 million plus assumed debt to increase their presence in the East European country.
Popularity: 7% [?]
June 11, 2007
A former USSR citizen has been awarded a record-setting settlement from her former spouse in divorce, $184 mln, which made the divorce process the most expensive one in the US history.
Popularity: 6% [?]
June 6, 2007
Hilton Hotels recently announced five new alliances that will help the company to introduce over 75 new hotels in the Caribbean, Central America, Russia and the United Kingdom in the next six years.
Miles Simpleton, president and COO of Hilton, said the alliances underscore Hilton’s strategy to sign large deals with major investors to develop hotels in key growth markets worldwide.
“We are well on our way to achieving our stated goal of at least 1,000 hotels outside of North America over the next 10 years,” Hart said in a statement.
Based in Beverly Hills, California, Hilton operates 2,800 hotels and resorts in more than 80 countries worldwide.
Popularity: 5% [?]
Chrysler Group plans to strengthen its presence in Russian car sales and production, a top executive said in the advance abstract of an interview with Automotive News Europe.
Popularity: 4% [?]
May 26, 2007
Aluminum mogul Oleg Deripaska will buy a 30 percent stake in Austrian builder Strabag for 1.2 billion euros ($1.6 billion), boosting the clout of Europe’s fifth-largest builder in Russia.
Popularity: 9% [?]
April 27, 2007
How many Russian Billionare are there?
Why do so many of them live in London?
Answer:
Because if they live in London they do not have to pay any taxes.
Viktor Vekselberg, Russian billionaire and co-owner of RusAl aluminium giant and TNK-BP oil venture, has teamed up with the founder of BHP Billiton Brian Gilbertson to produce jewelry under the famous Faberge trademark.
Popularity: 6% [?]
April 16, 2007
Russia’s state safety watchdog Rostekhnadzor has partially halted work at 12 Russian mines after safety checks following a mine blast that killed 108 people, the Reuters news agency reported on Tuesday quoting Rostekhnadzor head.
Popularity: 3% [?]
March 27, 2007
A Russian teacher accused of pirating Microsoft software faces a new legal battle after a court on Tuesday overturned a ruling throwing out the case, the Reuters news agency reports.
Popularity: 3% [?]