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. Last Updated: 07/27/2016


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Foreigners Prepare for Business After Luzhkov

Mayor Yury Luzhkov's departure won't deal a body blow to the country's economy, but foreign company executives and analysts said business in the capital is facing harrowing uncertainty that will result in a temporary slump, especially in the real estate sector.

Outgoing Kalmykia Leader Keeps Chess Federation Job

Kirsan Ilyumzhinov, the outgoing leader of the Kalmykia republic, managed to keep his other job Wednesday, winning elections to head the World Chess Federation, or FIDE.

TNK-BP Serious About Vietnam

TNK-BP intensified its involvement in Vietnam on Wednesday by signing a contract for oil deliveries and discussing deals on a Vietnamese oil refinery and BP natural gas assets there.

Medvedev Echoes Putin in Kamchatka

President Dmitry Medvedev on Wednesday ordered Kamchatka governor Alexei Kuzmitsky to speed up the resettlement of people from rundown buildings, repeating instructions that Prime Minister Vladimir Putin gave the governor a month before.

Luzhkov Weighs His Legal Options

Ousted Mayor Yury Luzhkov weighed his options Wednesday as federal authorities vowed to pursue corruption investigations into the city's old guard.

First Official Sacked for Concealing Income

President Dmitry Medvedev has fired a Defense Ministry bureaucrat for providing false information about his earnings, marking the first time that someone has been dismissed in connection with a Kremlin order requiring state officials to release income declarations.

Trebs, Titov Competition Could Be Suspended

The Moscow Times
A court may suspend the competition for the Trebs and Titov oil deposits if any of the four companies disputes its removal from the running, Interfax reported Wednesday.

Kvachkov Gets $6,900 After Chubais Acquittal

The Moscow Times
The Moscow Regional Court on Wednesday formally acquitted a group of nationalists headed by former military intelligence Colonel Vladimir Kvachkov on charges connected to an attempt on the life of Rusnano chief Anatoly Chubais.

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