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A forecast of the dynamics of Russias GDP for 2016 ranges from zero to one and a half percent.

The McDonalds chain of restaurants in Siberia will be greatly extended through the implementation of the first major franchising project in Russia by the company.

On 24 August the Council of Directors of Uralkaliy will consider the resolution of the management concerning the listing on the London Stock Exchange (LSE) which was deemed inappropriate by the companys leadership.

Todays trading on the Moscow stock exchange began with a sharp fall of the rouble.

The current level of foreign exchange reserves of Russia does not allow to maintain the rouble exchange rate, the only remaining leverage of the Central Bank is the key rate.

The founder of the Federation Fund Vladimir Kiselev urged the Russian singers to give way to young people.

The Bank of Russia conducts FX policy under managed floating exchange rate regime.

Rosneft has posted an official statement over the move to include some of its subsidiaries on the sanctions list by OFAC.

MegaFon has published its unaudited consolidated financial results for the second quarter and first half of 2015.

The board of the Central Bank is scheduled to have a policy meeting on Friday. Earlier, analysts predicted that the regulator would lower the key policy rate again to spur lending but under the current circumstances the decision may be and should be as experts now insist postponed.

Rosneft, the Italian Finmeccanica SpA company and The Helicopters of Russia signed an agreement on the reorganization of the Helivert joint venture.

The Ervington Investments foundation owned by the billionaire Roman Abramovich paid 9.75 million US dollars for the purchase of the preferred shares of the American Propell Technologies company developing technologies of increasing oil and gas production from shale deposits.

Chris Weafer of Macro-Advisory explains to the West why Russians approach August with almost a sense of dread. It is a case of if something bad is going to happen it is more likely to happen in August, he makes a fair point.

Net profit of Promsvyazbank (PSB) for the first half of 2015 amounted to RUB8.6 bn, compared to RUB3.0 bn for the same period last year.

Russias Central Bank has posted the Top 10 list of domestic banks that are considered systemic institutions.

The Kremlin has admitted bitcoins can be used for some transactions after cautious statements by the Central Bank.

The International Union of Commercial Organizations of China and the Middle Ural Development Corporation signed an agreement providing for bringing Chinese companies to the territory of the Russian-Chinese Business Park that is being created.

Norilsk Nickel, the worlds largest nickel and palladium producer, has published its audited IFRS financial results for the year ended December 31, 2014.

Manufacturers have raised the price for cabbage by 66 percent since the beginning of 2015. The anti-monopoly agency has recorded 1,007 reports of rising prices for goods.

The Russian oil giant produced 251.6 mt of hydrocarbons in 2014, 14.5% up from 2013, and EBITDA grew by 11.6 percent, totaling RUB 1,057 billion.

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