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. Last Updated: 07/27/2016

For the Record

RusAl is considering a new share sale, said shareholder Mikhail Prokhorov, drawing a rebuttal from the company, which said it would refinance its debt through a bank syndicate.
(Reuters)

The government must present its final proposal for changes to the payroll tax two weeks from Wednesday, said President Dmitry Medvedev's economic aide, Arkady Dvorkovich, adding that the Kremlin's priority is lowering the rate for small and midsized business.
(Bloomberg)

Bank St. Petersburg plans to sell 3.52 billion rubles ($127 million) of new shares, more than 75 percent of which could be bought by the European Bank for Reconstruction and Development, giving the EBRD a 6.1 percent stake.
(Bloomberg)

Bashneft said Wednesday that its net profit rose 53 percent in the first quarter, year on year, to $370 million on the back of soaring oil prices and increased production.
(Reuters)

Sberbank chief executive German Gref said Wednesday at the World Economic Forum on Europe and Central Asia in Vienna that there is "no better time" than now to invest in Russia, Kazakhstan and other ex-Soviet countries.
(Bloomberg)

The ruble strengthened about 7 percent in real terms against the currencies of Russia's major trading partners in January-May, the Central Bank said on its web site Wednesday.
(Interfax)

The country could have capital inflow in the second half of 2011, but outflow for the year, Deputy Economic Development Minister Andrei Klepach said Wednesday.
(Interfax)