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Kremlin hopes Calveys arrest not to affect Russias invest climate

The arrest of Michael Calvey, the founder of investment company Baring Vostok, which focuses on investments in Russia, will not affect the countrys investment climate, presidential spokesman Dmitry Peskov told reporters Monday.

PRESS: Zvezda shipbuilding complex may start using Russian steel

The Far Eastern Shipbuilding and Ship Repair Center Zvezda may begin using Russia-made steel instead of foreign with Magnitogorsk Iron and Steel Works (MMK) and Amurstal among the supplier options, Vedomosti business daily reported on Monday citing participants of a tailored meeting with Deputy Prime Minister Dmitry Kozak.

FOCUS: Market shocked by MTS revision of listing, analysts say Uzbek case may be behind

MTS has taken investors aback with a plan to review its equity markets strategy and listing, hinting that Russias major mobile operator could withdraw its stock from New York and focus on Moscow. Analysts say this may be the way the company is trying to escape a possible heavy fine in an Uzbekistan corruption probe.
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MOSCOW, Feb 13 (PRIME) -- Russias top bank Sberbank plans to raise lending to small, medium, and large businesses by 1315% in 2019, while lending to the largest clients will rise by 34%, Deputy CEO Anatoly Popov told PRIME on Wednesday.
Central Bank Official Rate
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