If $250 per barrel of oil comes true, price on gas will exceed $1000 per thousand cubic m., Alexei Miller, the head of Gazprom said yesterday.

A Russian entrepreneur plans to launch an extraordinary for Russia investment fund of $50 billion.

Taking the cue from other key car-manufacturers, Ferrari is going to export its automobiles to Russia directly.

Roman Abramovich has resigned as the Governor of Chukotka after over 7 years in the post. Russian President has signed a respective decree today.

Dr. Web, Russian Computer Security Company, is ready to set up a new company on the French market – Dr. Web France.

The Russian officials intend to publish a black list of individuals and companies supporting terrorism.

Sovereign Hospitality Holdings (SHH), a member of Kuwait-based M.A. Kharafi Group, plans to invest $1.5 billion in the hotel industry in Russia.

Russian Internet users count down to long-expected event: next year Russia will register first Cyrillic domain names, pursuant to the decision made at 32nd International Conference of ICANN in Paris last weekend.

Russian gas monopolist Gazprom took the fourth place in the ranking of world 500 biggest corporations made by The Financial Times.

The London Stock Exchange and Lehman Brothers establish a Pan-European trading platform Baikal, named after the world deepest lake.