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. Last Updated: 07/27/2016


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Myskina Stuns Henin in Final

Anastasia Myskina caused one of the year's biggest upsets when she stunned world No. 2 Justine Henin-Hardenne 3-6, 6-3, 6-3 to win the Leipzig Grand Prix on Sunday.

Cafe Culture Spawns Coffee-Savvy Society

A thriving cafe society is spawning scores of new home-grown chains in Moscow serving everything from high-quality espresso to fruit-flavored coffee inspired by exotic offerings from America's West Coast.

Norilsk Sees Record Output in 2003

Nickel output at the core production unit of metals giant Norilsk Nickel will grow 10 percent this year to hit an all-time high, while copper output -- and pollution -- will fall, an official said Monday.

Gazprom Reform in Pre-Election Limbo

The Cabinet, after being forced to back down on Friday on plans to reform Gazprom, will take no steps to modernize the gas industry until March, but will discuss the issue before the end of the year, Economic Development and Trade Ministry officials said Monday.

Bendukidze Unveils OMZ Ownership

One of Russia's leading industrialists, Kaha Bendukidze, has disclosed the ownership structure of his industrial conglomerate, United Heavy Machinery, or OMZ, ahead of a planned listing on the London Stock Exchange.

Ruble Slips to 30.6 as Credit Rates Bite

The ruble tested 10-day lows against the dollar Monday despite high overnight lending rates as export revenue selling was not enough to cover rising demand from banks' clients for the U.S. currency.

Trial Starts for Lavish Ex-Tyco Tycoon

Dennis Kozlowski spent Saturday at a lavish wedding party for his daughter on Nantucket, where he owns a beachfront estate.

Green Light For Alcan, Pechiney

France's market regulator said Monday it had cleared Alcan's four billion euro ($4.6 billion) cash-and-stock takeover offer for French rival Pechiney SA to create the world's biggest aluminium firm by revenues.

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