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. Last Updated: 07/27/2016

03/17/2011

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Turkey Sticks by Plans for Nuclear Power Plant

Turkey on Wednesday reiterated its commitment for a Russian-built nuclear plant in an important show of confidence in atomic energy as a tsunami-battered Japan tried to prevent major radioactive contamination.

No More Police Fines for Incorrect Registration Papers

Police will no longer be allowed to collect fines from foreigners with invalid or missing registration papers, according to a bill aimed at easing registration rules that was approved by the Federation Council on Wednesday.

Sberbank Aims to Maintain Market Share

Sberbank, the country's biggest lender, is looking to technological innovation to stabilize its declining share of the retail banking market.

HP Not Ready to Join Skolkovo

A year after President Dmitry Medvedev first spoke of Skolkovo, the Silicon Valley-type hub near Moscow, Hewlett-Packard has still not joined the rush to participate in it. Skolkovo is just one of many global hubs the company could consider joining.

Bill on Tenders 'Legalizes Corruption'

One trillion rubles. Enough to cover the 2014 Olympics. Or the sum the government loses each year through rigged tenders, according to the Kremlin's own estimates. Outrage over the tenders system is growing, fueled by whistleblowers such as blogger Alexei Navalny.

Greens Vow Backlash at Belarus Nuke Plant

Belarussian environmentalists have reacted with "frustration and outrage" and warned of a public backlash after the country signed a deal on Tuesday with Rosatom to build the country's first nuclear power plant.

Tsereteli: 'Cry of My Soul' Is Sculpture for Japan

Controversial artist Zurab Tsereteli, noted for his fondness for larger-than-life sculptures that he freely gives away, said he's planning a monument to the victims of the Sendai earthquake in Japan, Interfax reported.

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