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Market Matters: Struggling Stocks Spur New Record Oil Prices
Oil hit another record of just under $143 as global stocks tumbled last week, with the Dow briefly dipping into bear market territory as investors sought safety in gold, government debt and the Swiss franc.
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| Saturday, July 19, 2008
Updated at 17 July 2008 23:26 Moscow Time | |
Published: 5 December 2007
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Business
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McDonald's Contests Tax Bill
Combined Reports McDonald’s Russian unit is disputing a bill for 160 million rubles ($6.5 million) in unpaid taxes, Kommersant reported Tuesday. |
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GM Bids for Stake in Automaker AvtoVAZ
Reuters General Motors said Tuesday that it had bid for a ""significant"" stake in the country's biggest automaker, AvtoVAZ. |
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Business in Brief
Inflation to Rise to 8.5%Kazakhstan's Rate IncreaseImperial Energy's Big DropEricsson, Sitronics Win BidGazprom's Good, Enel SaysMagnitogorsk Up 9.6%U.S., Russia Uranium DealExxon Is Kashagan HoldoutCPI Up 1.5% in December |
UES Sets Price for TGK-12
Reuters Unified Energy System has set the price of new TGK-12 shares at 75 rubles each, an 8.7 percent premium to market, UES spokeswoman Marita Nagoga said Tuesday. |
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Investors Pull Out of Shvartsman Venture
By Max Delany / Staff Writer A state fund, an Israeli merchant bank and the EBRD have pulled the plug on a Russian investment venture after a minority shareholder said Kremlin siloviki had given him the go-ahead to conduct ""velvet reprivatization"" in strategic industries. |
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25% Gas Price Hike Approved
By Dmitry Zhdannikov / Reuters The government on Tuesday approved a planned 25 percent rise in state-capped gas prices for 2008 and a higher-than-planned gas transportation fee, in a move that will create extra inflationary pressures. |
Potanin's Hopes Fade for Norilsk Stake
By Catrina Stewart / Staff Writer Prokhorov is offering a discount of $3 billion to RusAl, a report says. |
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Millhouse in $400M Gold Deal
By Robin Paxton / Reuters Roman Abramovich will acquire a 40 percent interest in miner Highland Gold for $400 million by subscribing to a new share issue. |
| « to older |
Currency Exchange
USD/RUR - 23.5
EUR/RUR - 37.1
Weather
Hurdles Ahead.
Boosting Population a Vague Science
Armed With Nukes and a Vague Plan
Most Popular Stories.
2. Putin Gets a Role in Foreign Policy
3. Moscow Hit With Burst of Road Rage
4. Boosting Population a Vague Science
5. Kremlin Fingered in Litvinenko's Murder
Archive
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Columnists
A Duck by Any Other Name
By Michele A. Berdy
The Kremlin's Tibet
By Georgy Bovt
It is the 1990s All Over Again For the Press
By Alexei Pankin
Battling Cold War Cliches
By Alexander Golts
U.S. Decline Gives Moscow a Golden Chance
By Alexei Bayer
Medvedev Passed G8 Test
By Vladimir Frolov
Medvedev Is Neither Tsar Nor Saint
By Boris Kagarlitsky
Progressive Tax System Is Fair And Necessary
By Konstantin Sonin
Abramovich's Chukotka Miracle
By Nikolai Petrov
It'll Take More Than PR to Lift Russia's Image
By Richard Lourie
The Talented Mr. Ripsky
By Mark H. Teeter
Selling Lofty Dreams in Separatist South Ossetia
By Matthew Collin
Lessons About Franco, Football and Freedom
By Yevgeny Kiselyov
Inflation's Sun Spots Stain Economic Successes
By Anders Aslund
From Vancouver to Vladivostok
By Fyodor Lukyanov
Immunity From the Oil Curse
By Martin Gilman
