For The Record

Retail Sales Up 3.5%

Russian retail sales rose by 3.5 percent in June, year on year, after a 2.9 percent rise in the previous month, the Federal Statistics Service said Wednesday. (Reuters)

Gazprom Neft Making Euro-5 in Moscow

Gazprom Neft's Moscow refiner has switched to production of the Russian equivalent of Euro-5 gasoline, 2 1/2 years ahead of schedule, a statement from the company said Wednesday. (MT)

Fitch Maintains Ratings on Rosneft and TNK-BP

Fitch Ratings has maintained Rosneft's and TNK-BP International's long-term foreign and local currency issuer default ratings of BBB on Rating Watch Negative, the agency said Wednesday. (MT)