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. Last Updated: 07/27/2016

06/02/2009

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Rosneft Changing Several Key Rules

The changes, which include an end to a requirement that the president be a veteran oilman, fuel talk that Bogdanchikov is leaving.

China Opens Probe Into Steel Imports

The Chinese Ministry of Commerce said Monday that it had launched a probe into imports from Novolipetsk Steel, investigating possible dumping of transformer steel.

Central Bank Raises Reserve Requirement

Moody’s says that banks need $40 billion to recapitalize in 2009.

Reporter Seeks Asylum in Finland

A Russian journalist has requested political asylum in Finland after having problems with the Russian authorities and a nationalist group over her reports about a Chechen man being mistreated in a Volgograd prison.

Russian Open Won't Tee Off Due to Crisis

Reuters
The Russian Open has been canceled this year because of the global financial crisis, an organizer said Monday.

Moscow to Bankroll Hotel on Rossiya Site

Hard up for investors, the Moscow city government has decided to take matters into its own hands and finance the first phase of construction of a more than $1 billion development on the site of the former monolithic Rossiya Hotel.

Russian Art World Hit By Hundreds of Fakes

Bloomberg
Russian art experts have listed as a fake a painting that Christie's International sold as a $3 million work by Boris Kustodiev.

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