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. Last Updated: 07/27/2016

For the Record

TNK-BP Holding, the traded unit of BP's Russian oil venture, increased first-half net income 64 percent to $4.58 billion on higher crude prices and volumes, the company said Tuesday.

Russian Railways will borrow more to compensate for the delayed sale of its Freight One unit, vice president Salman Babayev said Tuesday.

Nestle said Tuesday that it will invest more than 38 million Swiss francs to double pet food production at its Purina PetCare factory in the Kaluga region.

The Economic Development Ministry reported Tuesday that GDP grew by 4.2 percent in July, and is up 3.8 percent for the first seven months of the year.