Complete coverage of the U.S.-Russia summit, being held July 6-8 in Moscow.

As oil producers seek higher margins in refining, West Siberian Resources hooks up with Alliance Oil. Oil producer West Siberian Resources on Tuesday agreed to merge with Russian refiner Alliance Oil to create a $2.5 billion company where the majority interest will belong to Alliance's Kremlin-friendly owners.

Coca-Cola has called off a promotion after offended Orthodox believers lodged a complaint with prosecutors, a sharp reminder of the cultural pitfalls that foreign companies face when doing business abroad. Hoping to tap into a growing tide of patriotism, the U.S. beverage giant had placed pictures of religious sites together with its logo on fridges in kiosks and shops in Nizhny Novgorod, the country's third-biggest city.

The sequel to a classic Soviet melodrama has set a new record for the Russian box office, fueled by older viewers making their first trip to a movie theater in years.. ""Irony of Fate: Continuation"" grossed $48.5 million in the former Soviet Union in the first 23 days of its release, Maria Lein, a spokeswoman for Channel One television, which produced the film, said by telephone Tuesday.

U.S. President George W. Bush has congratulated Georgian leader Mikheil Saakashvili for winning a presidential election that the opposition has said was rigged.

Heavily armed police attacked a home in Grozny early Tuesday, killing four suspected militants, including the alleged leader of a rebel group, law enforcement authorities said.

Polish President Lech Kaczynski on Tuesday criticized the government that took over from one led by his brother, saying its policy to improve ties with Russia could prove dangerous.

Tens of thousands of people demonstrated on Tuesday in Georgia's capital, pressing for a presidential runoff but celebrating an agreement giving government opponents more control over the main state-funded television station.

Shares of Imperial Energy, a London-based company that explores for oil in Russia, dived 9.1 percent on Tuesday after ABN Amro Holding said it was selling 1.5 million shares in the company.

Slovenia on Tuesday offered an optimistic outlook on the troubled relations between the European Union and Russia.