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. Last Updated: 07/27/2016


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Deputy Accused In Dubai Murder

Dubai police on Sunday accused State Duma Deputy Adam Delimkhanov of masterminding the assassination of former Chechen commander Sulim Yamadayev and said they would seek his arrest.

Small Banks Beg State for Respite

The heads of hundreds of small banks flocked to Moscow on Friday to lobby against a new law that could force them to close by the end of the year, but Finance Minister Alexei Kudrin insisted that the government would not budge.

VTB Says GDP Fell 5.4% in March

Russia's economy contracted for the fourth month in a row in March, VTB Capital's GDP indicator showed Monday.

Berlusconi Postpones Visit After Earthquake

The Moscow Times
Italian Prime Minister Silvio Berlusconi has postponed a visit to Moscow after an earthquake of 6.3 magnitude shook central Italy early Monday morning, leaving more than 20 dead and thousands injured.

PIK Taps Sberbank to Manage Debt

Sberbank's investment unit is to oversee the restructuring of the developer's 45 billion ruble loan portfolio.

Ignatyev Says Worst Of Bank Woes Over

Central Bank Chairman Sergei Ignatyev said Friday that the worst of the crisis is over and the bank may soon be able to lower its refinancing rate for the first time since 2007.

Communist Rallies Draw Thousands

Thousands of Communists took to the streets in national protests Saturday with anti-government signs that included the pointed query to President Dmitry Medvedev, "Where is the money, Dima?"

Mechel Unit Buys Out Share Issue

A subsidiary of Mechel bought all of the preferred shares it placed last week in a move that analysts said could facilitate the acquisition of U.S. rival Bluestone Coal, the Russian coal and steel producer said Friday.

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