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. Last Updated: 07/27/2016

07/16/2010

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Siemens Signs Billions of Dollars of Russian Deals

Economic relations between Russia and Germany have moved from strictly trade to serious investment, said President Dmitry Medvedev, as Siemens expanded its presence on the Russian market with billions of dollars in deals.

Bashkortostan's Leader Abruptly Quits After 17 Years

Bashkortostan President Murtaza Rakhimov, one of the last regional political heavyweights, ended his 17-year reign by abruptly resigning late Thursday. He did so the same day that lawmakers granted him a $24,500-a-month pension.

Merkel Prods Medvedev on Estemirova's Death

President Dmitry Medvedev said the killer of human rights activist Natalya Estemirova has been identified and a global search was under way. But he named no names, making critics ask whether investigators were looking for a scapegoat.

Deforestation Starts, and Stops, in Khimki

A French company started clearing a Khimki forest for an $8 billion highway connecting Moscow and St. Petersburg, but its work was halted Thursday by environmentalists.

Russian Technologies to Boost AvtoVAZ Stake in Revamp

AvtoVAZ's three main shareholders have agreed to a two-part restructuring of the carmaker that will see state-run Russian Technologies boost its stake to 29 percent by 2012.

Lawmakers, Leopards and Roads Swelter in July Heat Wave

A heat wave that engulfed Moscow this week, causing asphalt to melt, air conditioner sales to skyrocket and lawmakers to disrobe, will not go away until at least Thursday, meteorologists said.

2 Dead, Artwork Destroyed in Moscow Fire

The Moscow Times
Two firefighters died and an unknown number of paintings and religious icons were destroyed in a blaze Thursday at a Moscow restoration center. The fire took three helicopters and 47 firefighting units to be subdued.

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