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. Last Updated: 07/27/2016

07/22/2011

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Selling Alcohol to Minors Now Carries Jail Time

Selling alcohol to underage customers could result in a prison sentence under a raft of laws aimed at protecting children that President Dmitry Medvedev signed Thursday.

Business Forum Links Innovators With Investors

Displair, an Astrakhan-based company that develops interactive players that show videos in free air instead of a screen, will be meeting with several investors soon.

Deposit Insurance Pays Out for AMT

The Deposit Insurance Agency is facing its largest-ever payout after the Central Bank pulled the operating license of the country's 83rd largest bank Thursday.

Meat-Free No Longer Bourgeois

When Ekanga Davova decided to become a vegetarian in 1993 in an effort to cleanse her body, it made her the odd one out in her social circle. Davova, an Uzbek native who was then 25, recalls her friends' extreme wonder and disbelief with her "new" lifestyle, which excluded meat, fish and poultry.

United Russia Accused of Spreading Fibs

In a sign that the election season is drawing nearer, A Just Russia on Thursday accused United Russia of orchestrating rumors that one of its founders and most senior figures was resigning.

Novatek Head Recalls Family Ties

Vedomosti
lionaire Leonid Mikhelson, the main owner of Novatek, sold his Zhiguli car in 1991 to take part in the first round of privatizations. He told Vedomosti that only 40 percent of a businessperson's success is "labor, intellect and goal-orientedness, whereas 60 percent is luck and the ability to take advantage of it."

Lebedev Plans Own News of the World

The Moscow Times
Billionaire Alexander Lebedev denied an interest in acquiring Rupert Murdoch’s defunct News of the World but said he wanted to publish a similar newspaper in Russia.

AAR Takes BP Back to Court

Simmering tensions between the co-owners of TNK-BP burst into the open again Thursday as oligarch-led consortium AAR restarted tribunal proceedings over BP's attempted share swap and Arctic exploration deal with Rosneft.

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