ST. PETERSBURG, Apr 24 (PRIME)
Finance minister says Russian ruble grows too strongST. PETERSBURG, Apr 24 (PRIME) -- The Russian ruble has strengthened too much lately, Finance Minister Anton Siluanov said at a lecture on Friday.
Russian min rules out raising taxes to up budget revenue till 2018
T. PETERSBURG, Apr 24 (PRIME)Russia will not raise taxes to increase budget revenues until 2018, Finance Minister Anton Siluanov said on Friday.
EU charges Russia’s Gazprom with competition violations
MOSCOW, Apr 22 (PRIME)The European Commission has officially charged Russian gas giant Gazprom with violation of the E.U. competition rules for which it may pay a fine of 10% of an annual turnover, the commission said in a statement Wednesday.
NR Holdings, Russia’s SUEK may buy Indonesia’s ARMS coal miner
MOSCOW, Apr 22 (PRIME)Tycoon Nathaniel Rothschild’s NR Holdings (NRH) and Russian coal producer Siberia Coal and Energy Company (SUEK) may jointly purchase Indonesian coal company Asia Resource Minerals Plc (ARMS), ARMS said in a statement late Tuesday.
Moody’s confirms Russia’s MTS rating at Ba1, negative outlook
MOSCOW, Apr 24 (PRIME)International rating agency Moody’s has confirmed the Ba1 corporate family rating (CFR) and Ba1-PD probability of default rating (PDR) of Russian mobile operator MTS, the agency said in a statement Friday.
MOSCOW, Apr 23 (PRIME) -- Basel Aero, which manages airports in Russia’s Krasnodar Region, is in negotiations with Chinese airlines on direct connection between Beijing and the Black Sea resort of Sochi, CEO Leonid Sergeyev said in an interview told with PRIME published Thursday.