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. Last Updated: 07/27/2016


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’98 Crisis Brings Tinkov ’09 Profit

Oleg Tinkov, the flamboyant founder of Tinkoff restaurants and owner of Tinkoff Credit Systems bank, said his lending business was booming amid the recession and expects large profits this year.

Using Twitter to Take Spin to the Next Level

The Communications and Press Ministry is looking for a company to provide the technology needed to allow bureaucrats to promote state interests on social networking sites like Twitter and Facebook.

Kudrin Offers Rare Rebuke to Luzhkov

The Moscow Times
The comments hit a sore point for the mayor — the overcrowded subway system — and were a rare rebuke from Kudrin, who typically does not respond to criticism from lower-ranking or regional officials.

South Stream May Be First to Open

Gazprom and Italian energy company Eni have planned to complete the South Stream pipeline under the Black Sea by the end of 2014, three years after Gazprom and its other foreign partners want to start the Baltic Sea pipeline, Nord Stream.

Senator Tapped as Avtodor Chairman

Prime Minister Vladimir Putin signed the decree appointing Sergei Tarasov as chairman of the company’s board last week, according to a statement posted on the government web site.

Settlement Reached in BNY Case

A Moscow Arbitration Court judge approved the Federal Customs Service’s request to drop the $22.5 billion lawsuit Thursday in exchange for the bank’s agreement to pay $14 million in legal fees.

Court Voids Vote at City Polling Station

The polling station showed zero votes for Yabloko, even though the party’s leader had voted there.

Rupee, Ruble Use In Bilateral Trade?

Major banks such as VEB, Sberbank and VTB on the Russian side and State Bank of India, Union Bank of India and Canara Bank on the Indian side took part in the meeting.

NBA Commissioner Hopeful on Prokhorov Purchase

Prokhorov's application to become the first non-North American NBA team owner is under review, and the sale must ultimately be approved by three-fourths of the league's owners.

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