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EU charges Russias Gazprom with competition violations

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, Russias SUEK may buy Indonesias ARMS coal miner

Tycoon Nathaniel Rothschilds 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.

Moodys confirms Russias MTS rating at Ba1, negative outlook

International rating agency Moodys 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.
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MOSCOW, Apr 23 (PRIME) -- Basel Aero, which manages airports in Russias 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.
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