Rostelecom May Sell Treasury Stock Worth $500M

State-controlled telecoms operator Rostelecom may sell more than $500 million worth of treasury shares to reduce debt, its newly appointed chief executive Sergei Kalugin said on Monday. (Reuters)

Lawmakers Seek to Restrict Golden Parachutes

Several State Duma deputies have submitted to the parliament's lower house a bill seeking to restrict severance packages, also known as "golden parachutes," for the top executives of some state corporations, Interfax reported Monday, citing the State Duma's database. (MT)