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. Last Updated: 07/27/2016

11/18/2010

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Failure to Make the Grade in Ranking Riles Universities

Russian universities are seething after failing to win international recognition in a year when the country has been galvanized by Kremlin calls for modernization. So angry are they that some are calling for the creation of Russia's own university ranking system.

Court Clears 9 Ex-Yevroset Employees

A jury on Wednesday acquitted nine former Yevroset employees on kidnapping charges in a surprise ruling that a lawyer for Yevgeny Chichvarkin, the company's self-exiled founder, touted as a reason to drop related charges against his client.

Nokia Agrees to Join Skolkovo Center

Nokia committed on Wednesday to open a research facility at the Skolkovo high-tech innovation center being set up outside of Moscow, with a memorandum of understanding signed in a ceremony at the Moskva-City business center.

Privatization Plan Agreed For 3 Years, 10 Firms

The government expects to raise a total of 1 trillion rubles ($32 billion) from selling stakes in 10 state assets by 2013, Economic Development Minister Elvira Nabiullina said Wednesday.

Transneft Accused of $4Bln Theft

The leaking of an official report suggesting $4 billion was stolen by Transneft insiders during the construction of a pipeline to the Chinese border was greeted Wednesday with the government offering congratulations to the state-controlled oil pipeline operator for completing the project.

Bout Pleads Not Guilty in U.S. Court

Combined Reports
Suspected arms dealer Viktor Bout pleaded not guilty before a U.S. judge and was ordered held without bail Wednesday as prosecutors said he was in U.S. custody where he belongs.

Kiosks Reopen After Crackdown

By Yelena Vinogradova / Vedomosti
Following an enthusiastic campaign to rid the city's streets of vendors, Moscow officials are blushing after it was discovered that no formal order to remove the kiosks was ever issued.

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