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. Last Updated: 07/27/2016

03/05/2011

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Competition for Coffee Mind Share Heating Up

Anna Tsfasman is evangelical about coffee. She can speak at length about the attributes of different varieties of beans, the intricacies of the roasting process and the affects of weather on the grind — not to mention the proper way to drink it.

Muscovites World's No. 2 Online Flirts

Maybe Russia really is keeping up with state-of-the-art technology, as the Kremlin proposes — at least when it comes to flirting. A social networking site ranked Moscow second only to Athens for Internet flirtatiousness among world capitals.

Direct Sales Revenue and Reputation Up

Direct sales, also known as multi-level marketing, is a $3 billion business in Russia and growing fast, with companies like Amway, Avon, and Herbalife showing record results in 2010 and solid growth potential this year.

Skolkovo, Microsoft Invest in First Startup

Microsoft gave a $100,000 grant to the anti-piracy startup Pirate Pay on Friday, making it the first company to receive seed funding as the result of cooperation between the IT company and the Skolkovo Foundation.

Chamber of Commerce Gets New Head

The Moscow Times
The Chamber of Commerce and Industry of the Russian Federation elected Sergei Katyrin as its new president Friday. Katyrin replaces long-serving Yevgeny Primakov, who refused to run for the post again.

City Hall Snubs St. Patrick's Parade

The city's traditional St. Patrick's Day parade has been canceled for the first time in a decade, raising speculation about the reasons behind the decision.

Gazprom Considers Sakhalin Refinery

Gazprom is looking to build a refinery in Sakhalin where international consortiums have been producing crude for export in multibillion-dollar projects, company chief Alexei Miller said.

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