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Russian Business and Law News


31.10.2013 22:16

Russian billionaire Alexander Lebedev has sold the remaining stake in Aeroflot, Russias leading airline, says Vedomosti daily.

28.10.2013 15:29

Magnit, Russias biggest retailer, reported an impressive 42 percent growth in net profit in 3Q 2013, says an official press release quoted by Vedomosti.

19.10.2013 12:48

VKontakte, Russias biggest social network, is in talks with online video services to swap its users illegal content for licensed video, says the Itar-Tass news agency.

19.10.2013 12:22

Russias bid to lure foreign investors and set up a financial centre in Moscow may be under a threat if the national parliament passes a new bill on real estate purchase limits.

18.10.2013 14:57

The International Rating Agency Standard & Poors has affirmed the long-term credit rating of Moscow at BBB level, and the rating on the national scale ruAAA has been also affirmed with the stable outlook.

18.10.2013 11:36

The monthly Internet audience in Russia has amounted to 66.1 million people this autumn, has claimed the Public Opinion Fund at the conference RIW 2013 in Moscow.

8.10.2013 17:25

Moody's has downgraded Russian Standard Bank ratings over weakened capitalisation and a pressure on asset quality and profitability.

7.10.2013 22:25

AvtoVAZ shares edged down on Moscow Stock Exchange on the news that its head was being appointed to lead the new Missile and Space Corporation set up by the Russian government in a bid to revamp the ailing space industry.

7.10.2013 22:17

VTB is selling its stake in Société Générales Rosbank, says an official statement by the state-run bank.

2.10.2013 16:41

2013 has seen the worst economic growth since the collapse of the USSR, said Russia's Economic Development Minister.


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