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. Last Updated: 07/27/2016


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Fridman On PR Blitz for TNK

Mikhail Fridman, the billionaire chairman of TNK-BP’s board, strolled into a room packed full with reporters on Monday and flashed a large smile.

Russians Buy Furs, Homes In Dubai

It was simmering outside in the fierce Arabian sun, but in the air-conditioned premises of the Marco Varni fur store on Al Nasser Square, about a dozen Russian tourists were trying on fur coats.

World Bank Chief Keen on Different Russia

Visiting World Bank president Robert Zoellick had strong praise for Russia’s economic performance Monday, and the compliments were returned by President Dmitry Medvedev, who said Moscow was eager to take part in initiatives recently put forward by the global body.

Kerimov Offloads 68% of Polymetal

Czech investment fund PPF and businessmen Alexander Nesis and Alexander Mamut have taken a 68 percent stake in Polymetal, Russia's largest silver miner and third-biggest gold producer, the company said Monday.

Strabag Gets Big Share of Road Deal

Austrian builder Strabag won a 1 billion euro ($1.5 billion) share of a contract to build an eight-lane highway around St. Petersburg.

Putin Warns Against Delays in Spending

The prime minister says federal funds take too long to reach contractors.

Russia Has Emerged at Last

We live in an age of accelerating economic convergence. The world's new economies --with Russia among the leaders -- will drive global growth and value creation in the early decades of this new century.

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