The RTS stocks index rose above the psychologically important 2,000 point mark on Thursday for the first time since summer 2008.
(Reuters)
The country stands to lose $4 billion in arms deals because of unrest in Libya, Interfax cited Sergei Chemezov, head of Rosoboronexport, the state holding company that controls arms exports, as saying Thursday.
(Reuters)
Viktor Maslakov, Skolkovo Foundation city manager, and Jean-Marie Duthilleul, president of AREP, which won the competition for the planning of the "innovation city," signed a contract Wednesday to start design work, the Skolkovo press service said.
(MT, RIA-Novosti)
Home Credit & Finance Bank will seek a general banking license to "expand activities," the consumer lender said in a statement Thursday.
(Bloomberg)
The Finance Ministry revised its estimate of the 2010 budget deficit to 4.1 percent of gross domestic product, from 3.9 percent, Finance Minister Alexei Kudrin said Thursday.
(Bloomberg)
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