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Today's paper. Last Updated: 05/31/2012
Articles by REUTERS

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RenCap Sees Forced Sales, Bankruptcies

The real estate sector is facing forced sales of development portfolios, and small players will go bankrupt because of a lack of refinancing resources at home and abroad, Renaissance Capital said Thursday.

Mortgage Agency Will Sell Securities

The Mortgage Credit Agency will place its long-awaited debut issue of ruble residential mortgage-backed securities in May and is planning another deal later this year, it said Friday.

Surgut Cuts 2006 Dividend After Net Drops

Surgutneftegas, the country's No.4 oil company, posted a one-third drop in earnings last year and cut its dividend after a difficult fourth quarter, the company said Tuesday.

Berezovsky Sets Up Fund To Remember Litvinenko

Businessman Boris Berezovsky set up a $500,000 foundation in honor of Alexander Litvinenko on Tuesday and called on investigators to do more to find out who killed the former security officer.

AvtoVAZ Drops PwC As Auditor

AvtoVAZ said Tuesday that it had dropped PricewaterhouseCoopers, or PwC, as its auditor.

Piracy Crackdown May Aid WTO Bid

The government has banned the sale of DVDs, videocassettes and music CDs from its outdoor markets and kiosks, in a further sign that the Kremlin is getting serious about combating piracy as the coveted membership in the WTO moves closer.

Borrowing May Stop After 2010

Russia may not have to resume foreign borrowing after 2010, as a fall in the trade surplus will be offset by large capital inflows, Finance Minister Alexei Kudrin said Tuesday.

Gambling Ends in Kazakh Cities

Casinos and slot machine arcades have been all but eradicated in Kazakhstan's commercial capital, Almaty, city officials said Tuesday.

Blair Says Next 2 Days Of Iran Talks 'Critical'

British Prime Minister Tony Blair said Tuesday that the next 48 hours of negotiations would be ""fairly critical"" to secure the release of 15 British sailors and marines seized by Iran.

Russia Told To Trade Its Carbon

British business leaders on Tuesday tried to persuade Russia, potentially the world's biggest source of carbon credits, to trade the credits on an exchange in London.

CSKA's First Loss Lets Loko Leap Into Lead

CSKA Moscow suffered its first defeat of the season to lose top spot in the Russian Premier League as it went down 3-2 to Saturn RenTV on Saturday.

Zenit Beats Rotor to Stay in Running

Zenit St. Petersburg scored a late winner to beat Rotor Volgograd 2-1 in the Premier League on Sunday.

Paper Details Arms for Afghans

Though Russia plans to supply anti-Taliban forces with arms, so far only humanitarian aid has been sent.

Foreign Oil Tenders

Market Play Hits EBRD

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