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. Last Updated: 07/27/2016

12/20/2012

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Coping With Cancer: Russians Show Generosity to Sick Compatriots

When classmates of 17-year-old Rita Alkayeva found out she had been diagnosed with bone cancer and needed millions of rubles for treatment, they were stunned.

Putin ‘Unhappy’ With New Limousine

The Moscow Times
When it comes to cars, pleasing President Vladimir Putin is harder than it looks.

Adoption Ban Advances in the Duma

Despite intense criticism from the public and senior officials, State Duma deputies on Wednesday overwhelmingly approved measures that would ban U.S. adoptions and further tighten restrictions on U.S. funding of non-governmental organizations.

Sberbank Partners with Yandex to Enter E-Commerce Market

Sberbank signed a deal Wednesday to buy 75 percent of Internet company Yandex's electronic payment system, Yandex.Dengi, for $60 million, entering the country's multibillion-dollar market for e-commerce.

3M Boosts Local Equipment Production

U.S.-based industrial conglomerate 3M has started to phase out its exports of some products to Russia on the heels of the company's growing local production, its country chief Reza Vaziri said Wednesday.

Tough Talks Expected At EU-Russia Summit

President Vladimir Putin will meet with European Union leaders in Brussels on Friday for a pre-Christmas summit, but the mood will hardly be festive.

Putin Guns for Big Deals On Fighter Jets in India

Reuters
President Vladimir Putin hopes to conclude deals next week on the sale of fighter jets and aircraft engines to India that could be worth more than $7.5 billion, defense industry sources said Wednesday.

Transneft Pledges to Sustain Oil Exports to West

Reuters
State pipeline operator Transneft said Russia can sustain crude oil exports to the West next year even as it increases deliveries to Asia via an expanded link to the Pacific port of Kozmino.

Globaltrans to Take Over MMK-Trans

Reuters
Freight firm Globaltrans Investment is to buy rail freight operator MMK-Trans for $225 million cash, the latest in a series of deals in an industry opening up to competition.

With New Home, Mariinsky Builds Russian Roots

Reuters
With the imminent opening of its third home venue, St. Petersburg's Mariinsky opera and ballet will ramp up an already prodigious output but may ease back on hectic foreign touring, director Valery Gergiev said.

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