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. Last Updated: 07/27/2016

09/14/2010

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Deripaska Reels In Magna's Co-CEO

The rebounding domestic car industry will get a seasoned international executive after Siegfried Wolf, of Canadian auto parts maker Magna International, announced Monday that he will resign to take a new position at Oleg Deripaska's Basic Element holding.

Duma Gets Kremlin's Bill on Sick Prisoners

A Kremlin-drafted bill allowing the release of suspects with grave illnesses from pretrial detention was forwarded to the State Duma. But the bill failed to impress rights defenders, as it doesn't make the release of ill detainees mandatory.

Senator Accused of Arranging Jail Term

A renowned journalist on Monday accused outgoing Federation Council Senator Vladimir Slutsker of organizing the jailing of her husband, who incidentally has turned into a celebrity blogger while in prison. Olga Romanova filed her complaint with Prosecutor General Yury Chaika.

Suspects in Astrakhan Cop Attacks Identified

The Moscow Times
Astrakhan police have identified and placed on a wanted list three men suspected of a string of assaults on local cops that left three officers dead this summer, Interfax reported.

Russian Technologies to Build Biofuel Factory

The Moscow Times
Russian Technologies will begin construction of the country's first biofuel factory next spring, the state corporation's chief, Sergei Chemezov, said Monday.

Luzhkov Plans to Sue TV Channels

Mayor Yury Luzhkov and his billionaire wife, Yelena Baturina, pledged on Monday to sue national television channels for running a series of unprecedented critical reports about them, apparently at the Kremlin's behest.

Potanin, Prokhorov Conclude Property Split

By Alexandra Terentyeva / Vedomosti
Former partners Mikhail Prokhorov and Vladimir Potanin have eliminated the trust Folletina Trading and divided up their last joint business, developer Open Investments, ending their lengthy asset split and Russia's highest-profile corporate conflict in years.

MICEX Enters Bull Market on $77 Crude, China

Bloomberg
The benchmark MICEX Index entered a so-called bull market Monday as oil topped $77 per barrel and better-than-estimated industrial output in China spurred speculation that the global recovery is on track.

Lavrov Says EU Is Stalling on Visas

Reuters
Foreign Minister Sergei Lavrov said Monday that the European Union was dragging its feet in talks on scrapping visas and warned that the delay was already hurting relations with its biggest trading partner.

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