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. Last Updated: 07/27/2016

For the Record

Ousted Finance Minister Alexei Kudrin said he declined an offer to become chairman of the Central Bank because he doubted that the country's economic policy will remain "rational," according to an interview published in Novaya Gazeta.
(Bloomberg)

ExxonMobil and Rosneft said Wednesday at a presentation in New York attended by Deputy Prime Minister Igor Sechin that the value of investment in their joint exploration and production projects in the Arctic and Black seas could be more than $500 billion.
(Reuters)

Russia almost doubled the number of foreign contracts for nuclear reactors last year and plans to attract up to $50 billion this year in nuclear plan construction abroad, Kirill Komarov, deputy director of Rosatom, told Rossiiskaya Gazeta on Wednesday.
(Reuters)

Steelmaker Magnitogorsk Iron & Steel posted a net loss of $120 million compared with net income of $254 million in 2010, according to the company's website Wednesday.
(Bloomberg)

Fertilizer producer Acron said Wednesday that net income advanced to 18.3 billion rubles ($622 million) from 5.58 billion rubles a year earlier, while debt jumped 20 percent.
(Bloomberg)