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. Last Updated: 07/27/2016


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Loko Stays Alive in Europe as Bayern Crashes Out

A pair of goals by Dmitri Loskov and Vadim Evseev gave Lokomotiv a 2-1 victory over Turkey's Galatasaray on Tuesday and left the Turks in a tough spot in the Champions League.

Megafon Looks to Shake Up Market

Market newcomer Megafon hopes to increase its subscriber base by up to 50 percent by offering free incoming calls from both mobiles and fixed-line telephones.

Refinery Costs Eat at Sibneft's Bottom Line

Sibneft, the country's fastest-growing oil producer, reported a 26 percent drop in net profit in the first half of 2002 on Wednesday.

Gazprom Share Liberalization Remains Deadlocked

The board of Gazprom will discuss a long-awaited plan to liberalize trade in its shares Thursday, but analysts expect no new moves to break down barriers to investment in the world's largest gas producer.

Kalyuzhny: Don't Boost Oil Output

Top Caspian Sea envoy and former Energy Minister Viktor Kalyuzhny warned the country's majors Wednesday against further big boosts in oil output.

News in Brief

Chechen Offices Closed MOSCOW (MT) -- Offices representing the separatist Chechen government in Georgia and Azerbaijan have been closed after the hostage-taking attack in Moscow, media reported Wednesday. Hizri Aldamov, who headed the office of the Chechen communities in Georgia, was asked to leave by his landlord on Tuesday, Kommersant reported. Aldamov said he did not have enough money to open another office. The Azeri Justice Ministry closed the office in Baku on Tuesday, saying it was not properly registered, Vremya Novostei reported. The office was nominally a culture center but dealt with refugee problems. Tokhtakhounov Probe ROME (AP) -- The lawyer for Alimzhan Tokhtakhounov, a reputed Russian mobster accused of fixing figure skating results at the Olympics, said a French judge will question his client next Wednesday but not about the scandal. The lawyer, Luca Saldarelli, said only that the French inquiry had ""nothing to do with"" the charges Tokhtakhounov faces regarding the Olympics.

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