MOSCOW, Dec 15 (PRIME)
Court sentences former minister Ulyukayev to 8 years in prisonMOSCOW, Dec 15 (PRIME) -- The Zamoskvoretsky District Court of Moscow found former Economic Development Minister Alexei Ulyukayev guilty of bribery and sentenced him for eight years in prison and a 130 million ruble fine on Friday.
Chair says cbank cuts key rate 0.5 pp on new 2018 econ outlook
MOSCOW, Dec 15 (PRIME)The Russian central bank has reduced the key rate by 0.5 percentage points after changing a 2018 economic outlook and after OPEC and non-OPEC oil producing states agreed to extend an output reduction deal, Chairwoman Elvira Nabiullina said at a press conference on Friday.
Russia’s oil export duty to rise $6.4 to $/111.4 tonne from Jan 1
MOSCOW, Dec 15 (PRIME)Russia’s oil export duty will rise by U.S. $6.4 to $111.4 per tonne from January 1, 2018, as seen by PRIME in calculations of the Finance Ministry on Friday.
Mechel, Kyrgyz Temir Zholy to expand cooperation
MOSCOW, Dec 15 (PRIME)Mechel-Steel, a subsidiary of Russian metals and mining company Mechel, and Kyrgyzstan’s state railway company Kyrgyz Temir Zholu have signed a letter of intent to expand cooperation, Mechel said in a statement on Friday.
Sberbank, Yandex JV to create 3–4 projects, may float them
LONDON, Dec 14 (PRIME)A joint venture between Russia’s top bank Sberbank and Internet giant Yandex will create three or four projects that may be floated, Sberbank First Deputy CEO Lev Khasis said on Thursday during a presentation of the bank’s strategy until 2020.
Dixy Group’s board of directors to meet, discuss business plan for 2018