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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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| Friday, July 18, 2008
Updated at 17 July 2008 23:26 Moscow Time | |
Published: 15 May 2008
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Business
Sechin Looks to Raise Oil Output
By Miriam Elder / Staff Writer Prime Minister Vladimir Putin and his new energy policy director, Deputy Prime Minister Igor Sechin, went on the offensive Wednesday to battle claims that the country's oil production was in decline. |
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BP Staff Locked Out As Visa Trouble Ends
By Anatoly Medetsky / Staff Writer A court order banning BP employees from working for its Russian unit, TNK-BP, came at a time when some of them were ready to come back to their jobs after a suspension, a BP spokesman said Wednesday. |
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Ministry Seeks Lock On Fund Spending
By Darya Korsunskaya and Gleb Bryanski / Reuters A deputy finance minister says $50 billion must be set aside for five to seven years. |
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Enka to Build Generating Unit for OGK-4
The Moscow Times Power generator OGK-4 said Wednesday that it selected Turkey's biggest construction company, Enka, to build a generating unit in the Perm region. |
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UES Plans to Sell TGK-11 Stake to E4 Group
Reuters Former electricity monopoly Unified Energy System will sell the state's 29 percent stake in power producer TGK-11 to engineering firm E4 Group, sources close to the sale said Wednesday. |
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Central Bank to Trade on Forex Markets
Bloomberg The Central Bank said Wednesday that it would buy and sell on the foreign exchange market like any other trader to deter speculators from trying to push up the value of the ruble. |
Medvedev Vows Aid for Small Business
Reuters President Dmitry Medvedev told his new government on Wednesday to step up efforts to help small and medium-sized businesses choked by red tape and corruption. |
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Business in Brief
Rosneft Buys Into ExchangeRusHydro Cuts InvestmentSistema Q4 Profit SoarsRosinter Profits on GrowthTNK-BP's Services UnitConsumer Prices ForecastFor the Record |
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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
