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CFR: Russia probably moves US treasuries to Belgium, Cayman Islands

Russia may have transferred a significant part of its U.S. debt portfolio to Belgium and the Cayman Islands to protect against U.S. seizure, Benn Steil and Benjamin Della Roca, experts of the Council on Foreign Relations (CFR), said in a research note seen by PRIME late Tuesday.

PRESS: Govt may oblige oil cos to send 17.5% output to refineries

The Russian government has ordered the ministries for energy, finance and economic development to consider obliging oil companies to send at least 17.5% of their annual production to domestic oil refineries, Kommersant business daily reported Wednesday citing a protocol of a meeting chaired by Deputy Prime Minister Dmitry Kozak.

Norilsk Nickel may pay 776.02 rbl/share in dividends for JanJun

The board of directors of Russian metals giant Norilsk Nickel has recommended paying 776.02 rubles per share, or a total of about 122.802 billion rubles in dividends for JanuaryJune, the company said in a statement on Tuesday.

MegaFon: Antitrust clears MICL to buy up to 20.8% of operator stock

Russias Federal Antimonopoly Service has cleared MegaFon Investments (Cyprus) Ltd. (MICL), the wholly-owned subsidiary of mobile operator MegaFon, to buy up to 20.8% of the parent company, MegaFon said late Tuesday in a statement.
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MOSCOW, Jul 18 (PRIME) -- Investment in a rail link between the Russian Trans-Siberian railway and the Trans-Korean railway can exceed U.S. $4 billion significantly, Russias ambassador to North Korea Alexander Matsegora told PRIME in an interview released on Wednesday.
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