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Source: Russian govt approves 3% regional sales tax

MOSCOW, Aug 1 (PRIME)
The Russian government decided to impose a 3% regional sales tax at a meeting chaired by President Vladimir Putin, a government source familiar with the results of the meeting told PRIME late Thursday.

Russias Bashneft to suspend SPO over poor market

MOSCOW, Aug 1 (PRIME)
The board of directors of Russian oil company Bashneft has recommended delaying the companys secondary public offering (SPO) due to unfavorable market conditions, the company said in a statement late Thursday.

Russian govt approves 2 schemes of saving Mechel

NOVO-OGARYOVO/MOSCOW, Jul 30 (PRIME)
The Russian government has approved two schemes of saving metals and mining group Mechel, whose net debt stands at U.S. $8.3 billion, and now the companys owners and creditors are to approve one of them, presidential aide Andrei Belousov said in a news conference on Wednesday.
 
Interview with B&N Bank Vice President Irina Komarova
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