MOSCOW, Oct 28 (PRIME)
OPEC’s Barkindo says Algerian deal already abates oil volatilityMOSCOW, Oct 28 (PRIME) -- The Algerian agreement of OPEC has already reduced the oil price volatility and has had a positive effect on the markets, OPEC Secretary General Mohammad Barkindo said on Thursday at an OPEC meeting.
Russia’s central bank keeps key rate at 10% annually
MOSCOW, Oct 28 (PRIME)The Russian central bank has kept its key rate unchanged at 10% annually, as inflation risks remain, the regulator said in a press release Friday.
Russian antitrust gets Rosneft bid for 100% in Bashneft
MOSCOW, Oct 28 (PRIME)Russia’s Federal Antimonopoly Service has received a bid of oil major Rosneft to increase its stake in oil company Bashneft to 100%, Deputy Director Anatoly Golomolzin told reporters Friday.
Russia’s RUSAL wants Ukraine to redeem investment in local plant
MOSCOW, Oct 26 (PRIME)Russian aluminum giant UC RUSAL has filed a suit to the International Centre for Settlement of Investment Disputes (ICSID) demanding Ukraine to redeem the company’s investment in Zaporozhye Aluminum Complex, a RUSAL representative told PRIME on Wednesday.
Seller: Average price of LTE smartphone in Russia drops 20% by Sep
MOSCOW, Oct 28 (PRIME)The average price of an LTE-supporting smartphone in Russia shrank 20% on the year to 18,900 rubles as of the end of August, multi-channel retailer Svyaznoy said Friday in a statement.
MOSCOW, Oct 5 (PRIME) -- France’s Alstom is studying expansion of localization in Russia amid economic stagnation to cut prices and maintain competitiveness, President for Russia, Ukraine and Belarus Philippe Pegorier told PRIME in an interview Wednesday.