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. Last Updated: 07/27/2016

05/25/2009

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No Kremlin Guarantee of Gas to EU

Russia cannot guarantee that there will be no halts in gas supplies to Europe, President Dmitry Medvedev warned at a news conference closing an EU-Russia summit in Khabarovsk on Friday.

Gazprom Neft Seeks 30% Stake in Sibir

Gazprom Neft, the country’s fifth-largest oil producer, launched a new offer to raise its stake in Sibir Energy to as much as 30 percent, a bank representing the company in the buyout said Friday.

Platinum Poised for Growth

Things are looking up for Russia's platinum producers as prices for the precious metal have started to reclaim pre-October levels thanks to new demand from investors and China's growing jewelry market.

Sberbank Wants 35% Of Opel in $981M Bid

Combined Reports
Magna, one of at least three competing bidders for General Motors’s Opel unit, aims to join Sberbank in investing as much as 700 million euros ($981 million) in the deal.

Moscow Fumes at OSCE's Choice of a Russian

The Central Election Commission is fuming that the Organization for Security and Cooperation in Europe's election watchdog has appointed a Russian citizen to head its observer mission in upcoming European Parliament elections.

Chanel, Stravinsky Film Brings Cannes to an End

Reuters
“Coco Chanel and Igor Stravinsky,” is the story of a love affair between the composer and the fashion icon.

The Cruel Mistress Returns

The Russian equity market has soared a remarkable 100 percent since January. What is the outlook for the market for the remainder of the year?

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