China Development Bank (CDB), which was converted from a policy lender into a stockholding commercial bank last year, will provide US$1 billion in credit to Russia's Vnesheconombank (VEB) to fund projects implemented in Russia by Chinese and Russian partner firms, said VEB on Wednesday....
* Russian wheat seen regaining pole position in Egypt * Main buyer GASC likely to toughen checks on wheat imports PARIS, June 16 - Suspicions that a cargo of Russian wheat may have carried false...
* Recovery relies on state money injections, oil could fall * Jobs could be lost again, but mass unrest unlikely * Economy needs massive reform MOSCOW, Sept 12 - Russia's economic recovery cannot yet be...
MOSCOW, Nov 11 - Russia should take a tough line with banks to ensure a government rescue package restarts credit flows and reaches the real economy, the head of the country's trade and industry chamber...
"There will be no politically motivated market closures or a break-up of economic ties by Russia," he added. "We are thinking about other things, first and foremost about how to kick-start new factors...
* Ups provisions for Russian business * Cuts provisions by $380 million overall, boosting Q3 net * ABB sees Q3 net profit at around $1 billion * Shares down, underperform sector (Recasts, adds details, background,...
LONDON, Sept 24 - The Russian government would like Russian companies to settle their disputes in Russian courts, rather than in London, Russian deputy justice minister Yuri Liubimov said on Thursday. London courts are often...
MOSCOW, Sept 17 - Russian Prime Minister Vladimir Putin will meet several top U.S. executives on Friday, including General Electric Co and Morgan Stanley, the Russian government said on Thursday. Putin's meetings with top Western...
* CEO sees no agreement likely soon * Confirms 5 billion euro asset sales by end 2010 PARIS, Sept 16 - French power group EDF is in talks to join Russian Gazprom's South Stream pipeline...
Russian and Turkmen leaders failed yesterday to set a timeframe for the return of Turkmen gas flows to Russia, halted since April after a pipeline blast which left the Central Asian nation short of revenues. The meeting between Russia's president, Dmitry Medvedev, and Turkmen leader Kurbanguly Be...