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. Last Updated: 07/27/2016


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Fridman Takes the Reins at TNK-BP

BP asks Fridman to serve as interim CEO as two candidates are groomed for the position.

Kremlin Takes Small Step to Ease NGO Law

Russia's stifling NGO law has been labeled a hallmark of former President Vladimir Putin's heavy-handed approach to civil liberties. Likewise, President Dmitry Medvedev's recent promise to review the law has been praised as a sign of his liberalism.

Russia Ready to Invest $10Bln in IMF

Russia is prepared to invest up to $10 billion from its reserves into the International Monetary Fund's first-ever bond issue, a move that some say could signal a bid to gain greater influence in IMF decisions.

Hotels Get Creative to Keep Occupancy Up

Hotel occupancy in the first quarter was down about 15 percentage points from the same period last year.

Judge Threatens To Reset BoNY Trial

The judge hearing the government's $22.5 billion lawsuit against Bank of New York Mellon said Wednesday that she would restart the two-year-old case from scratch if the sides did not settle it soon.

Security Beefed Up In Far East

Russia is taking security measures as a precaution against the possibility that tension over North Korea could escalate into nuclear war, officials said Wednesday.

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