Business & Finance

Forbes Loses Libel Court Case Against Russia’s Richest Woman

A Moscow court ruled on Wednesday that Forbes magazine had defamed Russia’s richest woman and ordered it to pay her about 110,000 rubles ($4,224) in compensation, the Interfax news agency reports.

Popularity: 10% [?]

March 21, 2007

British Citizen Among Victims of Russian Coal Mine Blast

A British citizen was among dozens of people killed in a gas explosion at a remote Siberian coal mine, Telegraph.co.uk reported March 20. Total number of victims of the deadly blast is currently 106 people, at least a dozen have not been found yet.

Popularity: 12% [?]

Russia to Build First Nuclear Power Plant in Morocco

Russia’s nuclear equipment export monopoly Atomstroyexport said Monday it plans to build a nuclear power plant in Morocco.

Popularity: 8% [?]

March 19, 2007

Blast Rips Through Siberian Coal Mine

According to Russian emergency officials an explosion occurred in a Siberian coal mine on Monday, no casualties have been reported yet.

Popularity: 9% [?]

Russia to Sign Energy and Metals Deals in Africa

Russia hopes for a package of energy and metals deals with African states, a ministry statement said on Friday, March 16, as a government delegation left for South Africa, Angola and Namibia. Some Russian firms however deny having any such plans.

Popularity: 14% [?]

Russian Intelligence in Britain Works on Cold War Level

Alexander Litvinenko’s death put the spotlight on the world of spying Russian agents are as active in Britain now as at the height of the Cold War, the BBC reported on Thursday quoting senior Whitehall officials.

Popularity: 11% [?]

March 17, 2007

Russia Buys 22 Airbus Jets to Acquire Larger Stake in EADS

Russian biggest carrier Aeroflot will acquire 22 Airbus A350 jets, said Aeroflot general director Valery Okulov. The deal (about $4 billion) is the largest purchase in Russian aviation history, according to news agencies.

Popularity: 18% [?]

Russian Companies Need to Improve Corporate Governance for Better IPOs

Russian companies floating on international stock exchanges raise 20 percent less than Western counterparts because their standards of corporate governance are lower, claims new research whose results were published by British paper Telegraph.

Popularity: 3% [?]

March 14, 2007

Russia Still Undecided on Polish Meat Imports

On Tuesday, March 13, Russian officials completed another round of talks with the European Union on Moscow’s ban on Polish meat and plant products. Russian authorities say that they need more information before they consider lifting the measure.

Popularity: 7% [?]

Mysterious Russian Billionaire Building World’s Most Expensive Yacht

A mysterious Russian billionaire is building a yacht, worth 140 million pounds, in Genoa. It boasts seven decks, two helicopter pads and storage space for a submarine, the High Chic website reports. The future owner’s name is kept secret, but it is not Roman Abramovich, the well-known Russian owner of the Chelsea Football Club.

Popularity: 13% [?]

March 12, 2007