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. Last Updated: 07/27/2016


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Medvedev Defends Role in Georgia War

Prime Minister Dmitry Medvedev on Thursday defended his role as commander in chief during the August 2008 war with Georgia over criticism that analysts described as a high-level smear campaign against the former president.

Q&A: HP's Mikoyan Sees Benefits of a Borderless World

The local head of technology giant Hewlett-Packard easily bridges the generation gap between his venerable ancestors, who include powerful Soviet Politburo member Anastas Mikoyan, and the young generation that propels his business forward.

Despite Chilly Reception, Greenpeace Vessel Nearing Arctic Oil Platform

Visible from the deck of a Greenpeace vessel in the Barents Sea is the drilling tower of Russia’s first Arctic oil rig, a flagship for the country's drive for Arctic energy.

Pfizer to Pay $60M for Corruption Violations in Russia

Pharmaceuticals giant Pfizer will pay a fine of $60 million in the United States after admitting to systemic corruption over more than a decade in Russia and other countries across Europe and Asia.

Ministry Seeks Control Over Power Investment

The Moscow Times
The Energy Ministry is seeking the authority to control private power producers' investment programs, according to draft amendments to power industry legislation published on the Economic Development Ministry's website.

Seasonal Deposit Outflow Seen

A declining exchange rate for the dollar and euro, as well as vacation season, have caused a decline in individual bank deposits in July, though bankers are certain the trend will reverse.

Magnit Sales Up Despite Alcohol Limitations

Combined Reports
Fast-growing retailer Magnit said Thursday that its July sales grew 32 percent year on year to 37.9 billion rubles ($1.20 billion), the same pace as in the previous month.

Britain to Hold Inquest Into Litvinenko Poisoning

Britain has appointed a senior judge to hold an inquest into the death of Alexander Litvinenko, the former Russian agent turned Kremlin critic whose death from polonium poisoning in London in 2006 soured relations between London and Moscow.

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