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Russian antitrust clears ESN Group to buy 65.43% in RBC

MOSCOW, May 26 (PRIME)
Russias Federal Antimonopoly Service has cleared Grigory Beryozkins energy investment company ESN Group to buy 65.43% in media holding RBC from tycoon Mikhail Prokhorov, the service said on Friday.

OPEC, non-OPEC agree to extend oil cut deal for 9 months

MOSCOW/VIENNA, May 25 (PRIME)
OPEC and non-OPEC states have agreed to extend the oil production cut agreement for nine months after last years landmark agreement failed to eliminate the global oversupply or achieve a sustained price recovery, Bloomberg reported Thursday citing Irans Minister of Petroleum Bijan Namdar Zanganeh.

MegaFon board recommends paying 32.25 rbl/shr in final 2016 divs

MOSCOW, May 25 (PRIME)
The board of directors of Russian mobile operator MegaFon has recommended paying 20 billion rubles, or 32.25 rubles per common share, or global depositary receipt (GDR), in final dividends for 2016, the company said on Thursday in a statement.
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MOSCOW, May 12 (PRIME) Trade turnover between Russia and China is increasing rapidly and may boost economic cooperation in 2017 as there is interest from Chinese investors implying that the trend may expand further, managing partner of the Russian division of consulting company EY Alexander Ivlev said in an interview with PRIME on Friday.
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