Russia's Vimpelcom hired Verizon Wireless'former finance chief to help it in reducing its US$23 billion debt.
Tags: Russia
US-Russia showdown on Syrian crisis may overshadow G20 economic talks
In an The Group of Twenty Finance Ministers and Central Bank Governors's (G20), attendees would be seeing a show of power and influence between US President Barack Obama and Russian President Vladimir Putin arguing on how to act on the crisis in Syria.
BRICS countries to create fund for financial shocks
Brazil, Russia, India, China and South Africa have all agreed to create a USD100 billion fund as buffer for financial shocks.
Russian Aviation firms sign more than USD 12 billion contracts in 2013 Moscow air show
Russian Aviation companies signed deals amounting to more than USD 12 billion in the 2013 International Aviation and Space Salon (MAKS).
Sechin increases Rosneft stake to USD 65 million
Chief Executive Officer Igor Sechin of Rosneft bought more shares in the state-controlled firm, increasing his stake to USD 65 million.
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Ilya Segalovich died of stomach cancer, according to business partner Arkady Volozh. The man responsible for setting up Russia's largest search engine website died today after losing a long battle with cancer.
According to numerous surveys, Moscow was the ‘most expensive city’ in the whole world. Moscow was dubbed as the "most expensive city" in the entire planet.
According to IDC, there were seven countries where Windows Phone outsold the iPhone. The Head of Public Relations at Microsoft, Frank Shaw, published a blog which tallied the progress of Microsoft.
Participants of the G20 summit held recently in Moscow expressed concerns regarding US Fed, China, and Japan.
Russian investment bank, VTB Capital said that the increasing Chinese-Russian trade flows could well mean more mergers and acquisitions between the two countries.
Melco International Development Ltd. stated it would buy its way into the Russian entertainment industry.
Investors retracted US$13.9 billion from equity mutual funds invested in Brazil, Russia, India and China.
OAO Pharmstandard stated they would buyout disgruntled investors at a discount. Russia's biggest pharmaceutical company, OAO Pharmstandard, shrunk the most since May 2009 after its plan to buy out unhappy investors' shares at a discount was revealed.
RWE AG is expected to get rid of Gazprom oil price deals after arbitration. RWE AG previously said to get rid of a link in oil prices with gas supply contracts, contracts that have cost Germany's second-largest utility hundreds of millions of euros, they must win an arbitration against Russia's OAO Gazprom.
