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. Last Updated: 07/27/2016

07/27/2007

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Social Justice for All

Three cheers for corporate social responsibility. Yes, I know: folks who head corporations instead of writing columns say that companies should put their efforts into running their businesses and let someone else solve society's problems.

Explosion Severs Northern Pipeline

A powerful explosion hit a gas pipeline north of St. Petersburg early Thursday morning, rattling buildings up to five kilometers away and setting off a giant blaze that lit up the dark skies.

Great Russia Considering Other Lists

Great Russia filed a lawsuit Thursday against the Federal Registration Service, which refused to register the party Tuesday, and is considering other options should the appeal fail.

Ryzhkov Claims Kremlin Has Blacklist

The presidential administration has insisted on vetting party lists for December's State Duma elections and compiled a blacklist of undesirable candidates, independent Duma Deputy Vladimir Ryzhkov told Vedomosti in a story published Thursday.

Security Council the Focus Of Talk About Putin's Plans

President Vladimir Putin's aides plan to beef up the Security Council, effectively turning it into a parallel cabinet ahead of his departure next year, the Gazeta daily reported Thursday.

Northern Natives Tenacious in Preserving Cultures

Listening to enigmatic Koryak-language songs and eating traditional salmon soup and cutlets in this village, it is easy to imagine indigenous cultures still thrive on the Kamchatka Peninsula.

Business in Brief

Putin Signs 3-Year BudgetGas Prices InvestigatedReserves Rise to RecordOil Fund Earns $3.34BlnOil Firms to Be InspectedBrackenbury to Head FordChevron to Hold Field TalksMechel Looks to Cut LossesNorilsk Eyes Mining RightsKomi Coal Output Up 5%Sukhoi Log Sale PlannedMDM Plans $1Bln IssueX5 Signs $1Bln LoanKazakhs Buy Russian BankTurbine Maker Offers SharesGV Gold Sees No IPO

Comstar Plan Calls For Large Job Cuts

Comstar United Telesystems is aiming to double its market capitalization to $10 billion within a year by curtailing waste and improving efficiency, CEO Sergei Pridantsev said Thursday.

High-Tech Booms as Buyers Look To Upgrade

Gadget-lovers are resorting to credit to quench their ever-growing ambition to have the latest and the best that high-tech has to offer.

Inprom Plans IPO In October

Steel stockholder Inprom intends to raise $70 million to $90 million floating 30 percent of its shares in Moscow by the end of October and plans a second listing in London within two years, its main owner said late Wednesday.

WTO Envoy Hails Progress in Geneva

Russia has made good progress in WTO entry talks in Geneva this week and can technically complete the process by year's end, top government negotiator Maxim Medvedkov said Thursday.

Bryntsalov-A Execs Face Fraud Charges

Four executives at Bryntsalov-A, a pharmaceuticals firm whose practices have been widely blamed for holding up the country's WTO accession, were charged with fraud over copyright violations and illegal sales of medical alcohol, the Interior Ministry said Thursday.

Berezovsky's Aeroflot Trial Put Off Until Next Month

Savyolovsky District Court ruled Thursday to delay the hearing of a fraud case against businessman Boris Berezovsky to next month, Interfax reported.

TNK-BP Sticks to Gas Utilization Plan

TNK-BP is pressing ahead with a gas utilization program as the Kremlin threatens to punish firms for gas flaring, the firm's top executive said Thursday.

News in Brief

Brenton Summoned AgainCourt Orders Russia to Pay

Gas and Glory Fuel Race for the Pole

The race for the North Pole is on again, and this time there's more at stake than pride at seeing a national flag fluttering on the icecap: There's oil and gas too.

Muscovites Beat Expectations in Honesty Test

When it comes to cell phones, it's safe to say that Muscovites are madly in love with them -- clutching them in the metro, texting on escalators and chattering away during movies.
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