Issue 4270. Last Updated: 11/09/2009

2009 U.S.-Russia Summit: Obama in Moscow

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

Business in Brief

SocGen's Rosbank BuyCity Center to Remove AdsNorilsk Environmental CaseLufthansa Overflight RightsBad Roads Take $73Bln Toll21 Million Left in PovertyAlekperov to Go to IraqRostelecom to Sell HoldingFor the Record

Sberbank Increases Stock Trades

Reuters
Sberbank has not raised its limits on the stock it owns but is getting more active in the market, deputy chief executive Bella Zlatkis said Wednesday.

Court Calls for Break in BoNY Case

Bloomberg
The Moscow Arbitration Court called a break in hearings in a $22.5 billion lawsuit brought by the Federal Customs Service against the Bank of New York as wrangling continued over a document the bank's lawyers say was forged.

A Building's Restoration May End in Its Loss

Staff Writer
It stands like a victory for Moscow architectural preservationists who have witnessed the disappearance of so many historic buildings in recent years.

New Firm at Crux of Ukraine Gas Deal

By Miriam Elder
RosUkrEnergo, the murky gas-trading vehicle half-owned by Gazprom, will continue to handle sales from Russia to Ukraine until a replacement can be set up, company officials said Wednesday.

Ad Firms Complain of Vote Pressure

Reuters
Authorities are coercing advertisers into giving billboard space to United Russia ahead of the March 2 presidential election, executives with two ad firms said.

No Closer to Treatment

Reuters
A lawyer for jailed former Yukos executive Vasily Aleksanyan said Wednesday that his transfer to a civilian hospital failed to comply with the European Court of Human Rights' demands.

Last Annual Press Conference for Putin

The Moscow Times
President Vladimir Putin on Thursday is to give his last annual Kremlin news conference before stepping down from office in May.

Barclays Tipped to Buy Into Expobank

By Catrina Stewart
British banking giant Barclays, whose investment-banking arm left Russia in 1999 nursing $250 million in losses, could be poised to enter the country's fragmented market with the acquisition of small-size lender Expobank as it looks to tap the country's underdeveloped mortgage market.

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