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. Last Updated: 07/27/2016

06/09/2009

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Telenor's CEO Warns VimpelCom

VimpelCom will miss opportunities to offer new mobile-phone services at home and to expand in Asia if Telenor is forced out as a shareholder in an ongoing court battle, Telenor's chief executive told The Moscow Times.

Billionaire Senator Can't Get Canadian Visa

Canada has refused to give a visa to Federation Council Senator Vitaly Malkin for more than a decade, claiming that the billionaire has links to organized crime, according to public records of the Canadian Federal Court.

Deripaska Pays More Arrears As Workers Look to Pikalyovo

A Siberian pulp plant controlled by billionaire Oleg Deripaska said Monday that it would pay 87.6 million rubles ($2.8 million) in arrears to disgruntled workers and laid-off staff.

   News Analysis: Cure for Pikalyovo May Turn to Poison

Car Sales Fall 58% In May to New Low

Reuters
The collapse in car sales on the Russian market failed to find a bottom in May, plunging 58 percent to demonstrate that state efforts have failed to spark a recovery, the Association of European Businesses said on Monday.

Low-Budget Airline Could Start Flights From Vnukovo

The Moscow Times
A new low-budget airline said Monday that it hopes to start flying from Moscow's Vnukovo Airport next month, with one-way tickets starting at 250 rubles ($8).

Casino Ban Not Bad For Labor, City Says

A deputy Moscow mayor promised Monday that the mandatory closing of all casinos next month would not significantly swell the ranks of the unemployed -- or mean an end to gambling in the city.

A Cappella Group Jukebox Make Good on Own

Jukebox Trio, two singers and a human beatbox, cover songs across different genres from Elvis to Bossa Nova.

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