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Forbes: Lisin tops Russian tycoons wealth, which rises 5.4% in 2017

The combined wealth of 200 RussiaТs richest businessmen grew 5.4% to U.S. $485 billion in 2017 and the number of billionaires rose to 106 from 96, led by Novolipetsk Steel (NLMK) owner Vladimir Lisin with a wealth of $19.1 billion, Forbes reported on Thursday.

Lukoil borrows $660 mln to finance gas refinery in Uzbekistan

Russian oil company Lukoil took a U.S. $660 million loan for 10 years to finance part of the costs of a gas refinery on the Kandym field in Uzbekistan, the company said in a statement on Thursday.

Nordgold starts construction of processing plant at Gross mine

Gold mining company Nordgold, controlled by Russian businessman Alexei Mordashov, has launched construction of a processing plant Ц the key facility of the Gross gold mine in the republic of Yakutia, the company said in a statement on Thursday.

Govt: Connection operators must store 30-day user traffic from Oct 1

The Russian government approved on Thursday rules for connection operators to store user traffic under the data retention law: they will have to fully keep traffic of the previous 30 days from October 1 with a further rise in storage capacities by 15% annually.
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MOSCOW, Apr 12 (PRIME) -- The new U.S. sanctions against Russian companies and businessmen are groundless and infringe the principles of competition, to which the country will retaliate to protect its interests, but will never violate global trade rules, Deputy Economic Development Minister Alexei Gruzdev said in an interview with PRIME on Thursday.
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