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. Last Updated: 07/27/2016


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VIP Helicopter Crashes at Hoopla for Caucasus Ski Resort

Government officials, company executives and journalists headed Tuesday to a ceremony celebrating the construction of a ski lift at the Arkhyz resort, a crown jewel of a $16 billion Kremlin program to build ski resorts in the North Caucasus. Then misfortune struck.

Brunswick Beefs Up With Proftrans and Acquires MMK as Client

Brunswick Rail, a leading railcar leasing company co-owned by Japan's Sumimoto and a World Bank subsidiary, said Tuesday that it broadened its business by acquiring rail freight operator Proftrans as the industry continues to consolidate.

At Putin's Frown, Saratov Auditors Get Busy

Saratov Governor Pavel Ipatov's administration was accused of misusing state funds Tuesday, just days after Prime Minister Putin singled out the governor while criticizing regional authorities.

Medvedev Names Ex-KGB Officer as St. Petersburg Governor

President Dmitry Medvedev named former KGB officer Georgy Poltavchenko as governor of St. Petersburg on Tuesday.

Police Refuse to Open Case Into Kommersant Reporter’s Beating

The Moscow Times
At least five people, including a Kommersant journalist, were severely beaten at gunpoint in the Moscow region by ex-convicts — but police saw nothing wrong with the incident and closed an investigation.

After BP, Rosneft Finds Itself a 'Better' Partner in ExxonMobil

ExxonMobil replaced BP as state-owned Rosneft's partner of choice Tuesday when the presidents of the world's largest oil company and Russia's biggest producer announced a deal that Prime Minister Vladimir Putin said could generate up to $500 billion in investment.

Customs Official Flouts Traffic Rules in Rush to Dry Cleaners

The Moscow Times
Three months after a top customs official's car was videotaped pulling into a shopping mall with its blue light flashing, an explanation has finally been offered: The official urgently needed to pick up a suit from the dry cleaners.

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