Fed Reserve Chairman Ben Bernanke's remarks have caused major tumbles in world financial markets.
Tags: Russia
Russian Retail Real Estate Investments Could be Highest this Year
Retail real estate investments in Russia have reached US$2.06 billion, surpassing 2011 annual levels, in the first half of 2013.
Gazprombank rather wait, postpones negotiations on Swiss Franc Tier 2 Bond Deal
Russia's Gazprombank has withdrawn from the Swiss franc Tier 2 Bond deal, source revealed. (Photo : maximzimin. com)Gazprombank pulls out of deal allegedly While the third largest bank belonging to the Russian Federation, Gazprombank, has yet to give an official statement on this move, the source confirmed that the bank preferred to wait for better market conditions before continuing on with the Swiss Franc Tier 2 deal.
Yandex and Sberbank Complete Yandex.Money Joint Venture worth US$60 million
Yandex and Sberbank of Russia finalized their joint venture for Yandex.Money for about US$60 million.
Rosneft Head Squashes Acquisition Rumors
Rosneft head Igor Sechin denies any takeover plans for PKN Orlen of Poland and Bashneft of Russia. (Photo : Reuters)The image is the Russian signage for Rosneft.
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Russian president Vladimir Putin announced US$13 billion investment plan on Friday during the annual business forum held at St. Petersburg.
Russia's Rosneft agreed to double its oil supplies to China on Friday. (Photo : Reuters)The image shows the company logo in a Rosneft petrol station.
Russia is determined to sell its interest in private enterprises and one of them is their 53% interest in Rostelecom.
Lenta, the hypermarket chain of Russia, has chosen banks to provide assistance for its IPO. (Photo : Reuters)The image is the corporate logo of the MICEX or Moscow Exchange.
Russian billionaire Alexander Lebedev is in talks to sell 4.5% of his stake in the country's flagship carrier, Aeroflot.
Emerging markets, including China, South Africa and Turkey, fell 10% from this year's peak. (Photo : Reuters)Kit Digital Inc's former chief executive significantly lowered the price he was willing to pay to buy the video technology provider, citing the company's worsening liquidity and capital structure issues.
Flocktory completes its latest series A financing worth US$1.5 million. (Photo : Reuters)The image is the corporate logo of Flocktory. The market leader in Russia's social referral marketing for online retailers, Flocktory, has announced that it closed its series A financing round.
MTS is discussing acquisition of Akado, a major broadband and cable TV provider in Moscow, Russia. Last Wednesday, Kommersant Daily reported that MTS is in discussion to acquire Akado, a major broadband and cable television provider in Russia.
Lenta is said to be planning an IPO at the London bourse as early as the fourth quarter of this year.
