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. Last Updated: 07/27/2016


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Rostec and Bombardier Near Agreement on Regional Aircraft Assembly

The Moscow Times
Vast state technology corporation Rostec and Canadian aircraft producer Bombardier are nearing an agreement to assemble Bombardier's regional aircraft in Russia.

Exit From Customs Convention Threatens Trade, Business Climate

Trade conducted under the TIR customs convention has fallen by 20 percent since the Federal Customs Service declared in early June that it would exit from the system, International Road Transport Union representatives said Wednesday.

Apartment Raid Leaves Navalny Supporters Baffled

Supporters of mayoral hopeful Alexei Navalny on Wednesday were struggling to find answers over an incident that took place Tuesday evening that saw police force their way into a central Moscow apartment to seize what they said were illegal campaign materials.

ICT Group CEO Nesis Buys 33% Stake in Greek Gambling Monopoly

The Moscow Times
The founder and main shareholder of Moscow-based private equity firm ICT Group, Alexander Nesis, is part of a consortium of investors that has bought a 33 percent stake in Greek gambling monopoly Opap in that country's largest ever privatization.

New Rostelecom Management Plans Assault on Mobile Market

Rostelecom plans to form a separate management arm for its mobile business, aggressively expand its share of the 3G market and get one up on its rivals by rolling out a 4G LTE network on the basis of its 450 MHz wireless infrastructure, already available in 73 Russian regions.

Q&A: Lord Coe, London 2012 Organizer, Denounces Idea of Sochi Boycott

When film director Danny Boyle came up with the idea of having James Bond parachute Queen Elizabeth II down to the opening ceremony of the 2012 London Olympics, Lord Coe knew how to seal the deal with Buckingham Palace.

Russia's Regions Asked to Help Implement Economic Amnesty

The Moscow Times

Russia's 83 regions have been asked to help speed up implementation of the country's recently passed economic amnesty.

VEB to Set Up "Fund of Funds" to Aid Small Businesses

The Moscow Times
State-owned Vnesheconombank (VEB) is planning to create a "fund of funds" to invest in small- and mid-sized Russian businesses, as part of the government's plan to boost economic growth, VEB deputy CEO Alexander Ivanov said.

Dutch Businessman Traces Footsteps of Amur Tigers

The tiger is the undisputed poster-boy of the animal kingdom. In terms of glitzy publicity and glamourous acquaintances — including President Vladimir Putin, movie star Leonardo DiCaprio and supermodel Naomi Campbell — the striped predator has no rivals.

Gay Rights Controversy on Sideline at Worlds

The Associated Press
Competitors at the world athletics championships are keeping their eyes focused on the finish line and relegating the controversy over Russia's new ban on gay "propaganda" to their peripheral vision.

Joy for Ireland as Heffernan Spoils Russian Party

Guts, guile and no lack of self-belief propelled Irishman Robert Heffernan to 50 kilometer race walk victory Wednesday, spoiling the Russian party one day after Yelena Isinbayeva's wildly celebrated pole vault triumph.

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