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. Last Updated: 07/27/2016

08/10/2011

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Austria Says 2 Russians Purchased Citizenship

Austria is putting two Russian-born businessmen on trial on accusations that they paid the country's flamboyant right-wing politician Jörg Haider more than $1 million in bribes to obtain citizenship, prosecutors said Tuesday.

An-12 Vanishes Over Taiga With 11 on Board

The oldest An-12 cargo plane in Russia's civilian fleet went missing over the Magadan region with 11 people on board Tuesday, shortly after the pilot reported an engine fire and attempted an emergency landing on a hillside in thick fog.

United Russia Purged Ads, Prokhorov Says

Right Cause's billionaire leader Mikhail Prokhorov accused United Russia officials on Tuesday of orchestrating the removal of more than 200 billboards bearing his portrait in three cities.

Sberbank Shares Seeing Volatility

Despite the tripling of profits announced by Sberbank on Tuesday, sharp falls in the share price of the country's biggest lender have prompted analysts to raise concerns about the viability of the bank's flagship privatization plans.    

Libyan Oil Tankers Up for Sale

The Libyan oil tanker fleet could soon be sold to Russian investors, as speculation swirled Tuesday about a reported $300 million deal with the Gadhafi regime, which is under economic sanctions imposed by the United Nations, the United States and the European Union.

Banks Seeking Haven in State Cash

Data from the Finance Ministry showed on Tuesday that banks were significantly more interested in getting government deposits, in what could be a measure to insulate themselves against the global turmoil on the markets.

Officials Order Car With Massage Seats, Luxury Boat

Massage seats, a six-disc DVD player and a wood-plated interior are not key requirements for a state official's car, but the Sverdlovsk region's arbitration court on Tuesday ruled that the local governor is perfectly entitled to them.

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