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. Last Updated: 07/27/2016


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France's Alstom Signs $675M Turbine Joint Venture

RusHydro and France's Alstom signed a deal Friday to build a 500 million euro ($677 million) turbine plant in the republic of Bashkortostan. The two companies will finalize the joint venture before the end of February, the companies' chief executives said.

Russia Looks for 'Democratic' Egypt

Combined Reports
A "democratic" Egypt is key for peace in the Middle East, President Dmitry Medvedev said. Egyptian President Hosni Mubarak ceded power to the military Friday, toppled by a revolt after 30 years in charge of the Arab world's most populous state.

Medvedev Defends Dream of Unified Nation

Russia should not adopt the defeatist stance on multiculturalism voiced recently by top European leaders, even despite a surge in ethnic tensions, President Dmitry Medvedev said Friday.

Pizza Shares More Alluring Than Gold

A small pizza restaurant company, WorldWide Papa's, said Friday that it raised 15 million euros ($20.3 million) in a share float in Germany after a string of bigger Russian companies delayed their share offerings in London recently.

Guardian's Harding Back in Moscow

The Moscow Times
A British journalist expelled from Russia earlier this month without any official explanation was allowed to return to the country on Sunday, reported, citing the head of the Foreign Press Association of Moscow, Adib Al Sayed.

Medvedev Inspects Vnukovo Airport

The latest surprise visit to a transport facility by President Dmitry Medvedev saw him popping up in Vnukovo Airport on Friday to discover that local police are understaffed, but passengers cannot slip in without going through metal detectors.

New EU Code of Conduct Ends Yacht Perks

The Moscow Times
Two years after its commissioner was scolded for vacationing on Oleg Deripaska's yacht, the European Union has unveiled a plan to ban senior officials from accepting such perks.

4 Militants, Politician Killed in North Caucasus

The Associated Press
Four Islamic militants and a local politician have been killed in drive-by shootings, shootouts with police and accidental bombings in the volatile North Caucasus region, officials said Saturday.

Police Hold 14 During Day of Wrath

Combined Reports
Police detained an opposition leader and a dozen activists during a rally in Moscow on Saturday that drew hundreds of protesters.

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