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. Last Updated: 07/27/2016

01/28/2011

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Billionaires Take BP Deal to Court

Mounting a rare challenge to a government-backed deal, the Russian billionaire co-owners of TNK-BP said they were seeking a court order to suspend a multibillion-dollar agreement between BP and state-owned Rosneft.

Airport Attack Suspect Sought

Investigators have released a photo of a suspect in the Domodedovo Airport bombing, a man whom they said belonged to rebel group Nogai Jamaat, as President Dmitry Medvedev inspected new security measures in the Moscow metro.

Deripaska Laments Norilsk Management

The market value of Norilsk Nickel is likely to grow more than 40 percent by the end of 2011 to reach at least $70 billion, if the company is run properly, RusAl chief executive Oleg Deripaska said.

City Schemes to Avoid Bank Tender

By Bela Lyauv / Vedomosti
Moscow officials intend to avoid a tender for the sale of Bank of Moscow by transferring its shares into the capital of the Tsentralnaya Toplivnaya Kompania fuel company, which will then sell them to VTB.

At Davos, Medvedev Defends Yukos Trial

President Dmitry Medvedev compared jailed former Yukos CEO Mikhail Khodorkovsky to disgraced U.S. financier Bernie Madoff, an apparent attempt to present the Yukos case as triumph of justice and highlight the ruling tandem's unity.

Moscow Seeks End to PACE Reviews

Russia wants the Council of Europe to end its practice of regularly monitoring the country's compliance with democratic standards and has proposed a 25-item road map toward this end.

Exxon, Rosneft Sink $1Bln in Black Sea

Rosneft and U.S. ExxonMobil have joined forces to hunt for and extract oil from the Black Sea floor, as the state-owned oil giant continues to woo foreign firms for their offshore exploration expertise.

EU Readies Penalties, Lukashenko Sneers

Combined Reports
The European Union will reinstate a visa ban on President Alexander Lukashenko and other Belarussian officials next week in response to his crackdown on protests following his disputed Dec. 19 re-election, EU diplomats said.

God Absent From Church's New Spiritual Guide

Reuters
God is absent from a new spiritual guide the Russian Orthodox Church is drafting in tandem with Russia's ruling party, a newspaper said on Thursday.

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