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. Last Updated: 07/27/2016

12/28/2009

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Gazprom Cancels Party as Profit Falls

Gazprom may pay some of its lowest dividends for a second straight year and has canceled a corporate party for 2010 after its profit continued to melt.

Kremlin Vow to Overhaul Police Rings Hollow

President Dmitry Medvedev has ordered that the country’s police force be slashed by 20 percent and officers get pay raises as part of an effort to root out corruption.

Medvedev Jabs Opposition and Praises Son’s Music

President Dmitry Medvedev spoke disparagingly about opposition politicians, defended disputed national elections and applauded his 14-year-old son’s taste in alternative rock during an interview with Russia’s three main television channels.

Medvedev Tells State Firms to Boost R&D

President Dmitry Medvedev on Friday expressed his frustration at the sluggish pace of research and development in Russia and snapped at Sergei Chemezov, chief of state corporation Russian Technologies.

Betting on Infrastructure in ’10

With the past year laying bare the weaknesses of Russian infrastructure, 2010 promises to be a restructuring year for various economic sectors, and companies benefiting from state spending will be the top stock picks.

Airlines Heighten Security After Failed Attack

Despite baggage chaos and a passenger mutiny over the weekend, Moscow airports remained largely unaffected by a global security blitz following a botched bombing on a U.S.-bound plane Friday.

Sberbank Seeking GM Compensation

Sberbank is demanding that General Motors reimburse expenses incurred by the state bank from its failed bid to purchase Opel, the U.S. carmaker’s European unit.

Tymoshenko Brushes Off Payment Concern

Combined Reports
Ukrainian Prime Minister Yulia Tymoshenko said Saturday that her country would have no trouble paying for gas deliveries next month.

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