Ukraine can get cheaper natural gas if it joins an economic bloc led by Moscow, Russian First Deputy Prime Minister Igor Shuvalov told Bloomberg News.
Tags: Russia
Economic woes in Russia are home-grown - Putin
At his annual speech at the Kremlin, President Vladimir Putin acknowledged that actions to improve Russia's business climate should be done immediately after finally conceding that the state's economic problems were grown at home.
Russia's Rostelecom may sell up to USD1.4 billion in 2014 -report
Russian state-controlled telecom firm Rostelecom could sell up to RUB46 billion (USD1.4 billion) worth of shares in a secondary stock offering next year to help cut its debt.
Facebook looks into Russian programming partnerships for app development
Facebook Inc had been tapping resources of its Russian partners to develop apps, signaling a growth in the tech industry, particularly in the app development business.
Lukoil in talks with international oil players to sell stake in Venezuelan gas project
Russia's No. 2 oil producer Lukoil is looking to put up for sale its 20% stake in a Russian consortium developing a large oil project in Venezuela. Lukoil is in talks with international players after Rosneft offered a price lower than what Lukoil had asked.
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Russia's state-backed private equity investment fund and Italy's strategic state investment fund have agreed a deal to invest up to 1 billion euros ($1.35 billion) in companies and projects in the two countries, officials said on Monday.
Russia's state-run oil firm Rosneft is looking to acquire Morgan Stanley's oil trading business for an unspecified amount. Morgan Stanley has been trying to sell or spin off the said business unit over a year ago.
Three financial sources said Russia-based oil firm Bashneft selected Morgan Stanley, Sberbank, and Barclays as global coordinators for the company's planned secondary listing in London.
Russian business tycoon and politician Mikhail Prokhorov set to buy a 21.75% stake in the world's top potash producer, Uralkali, from the company's main owner Suleiman Kerimov.
State-controlled Russian airline Aeroflot told Reuters the company will neither buy nor financially aid Italian airline Alitalia despite being repeatedly named by Italian officials as a potential backer.
Although big companies like eBay Inc and Amazon.com wanted to get a significant piece of the growing e-commerce market in Russia, smaller e-commerce retailers like Borderfree and Modnique had the allowance to overcome Web and payment hurdles.
Russian mobile real-time bidding platform AdMoment Russian mobile advertising startup AdMoment raised USD3 million from two venture funds. Prostor Capital and international fund e.
Vimpelcom's third quarter earnings affected by African and Asian regulations as well as Italy's fee charging ceiling for use of competitor networks.
Lada is set for major developments, such as the appointment of its first non Russian CEO. Bo Andersson was recently appointed by OAO AvtoVAZ as its new CEO.
