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"The International Herald Tribune and The New York Times Company would like to join Independent Media's flagship publication The Moscow Times, in celebrating 15 years of quality independent reporting on business, politics and culture in Moscow, Russia and the CIS. This is a great achievement you have accomplished during turbulent times. 2007 is a year of celebration for both the IHT and The Moscow Times. February marked the first year of our alliance, and now, we share anniversaries in October, the 15th for the Moscow Times and the 120th for the International Herald Tribune. The Moscow Times has created an outstanding voice in today's Russia, and is uniquely placed to give it's readers an accurate view of the fast pace of change in Russia. All of us at the International Herald Tribune are proud to be in partnership with you. We wish The Moscow Times a bright future as it continues to provide independent, objective, news in its authentic style. All best wishes,"
International Herald Tribune
Market Matters: As Conflict Ends, Markets on Road to Recovery
After tumbling to its lowest point in almost two years on Tuesday, Russia's MICEX Index began to slowly claw its way back over the rest of the week, suggesting a possible end to the volatility that has plagued the country's markets since tensions erupted between Russia and Georgia on Aug. 8.
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| Monday, September 08, 2008
Updated at 08 September 2008 1:38 Moscow Time. | |
| The Moscow Times » Issue 2468 » Business in Brief |
Business in Brief01 July 2002Nestle Eyes Water MOSCOW (Vedomosti) -- Swiss food giant Nestle is about to announce the purchase of Saint Springs, a bottled water brand that accounts for 5 percent of the bottled water market in Moscow and St. Petersburg. A source close to the deal said last week that Nestle was prepared to pay about $50 million for the trademark. Saint Springs' turnover is estimated at about $20 million per year. Slavneft Stormed MOSCOW (Vedomosti) -- Former Slavneft president Mikhail Gutseriyev stormed the oil company's Moscow office building with three busloads of OMON special police forces late Thursday in an ongoing struggle for control of the firm. Current president Yury Sukhanov and managing director Oleg Sheglov left the building and said they are no longer in control of the state-owned company, Slavneft vice president Andrei Shtorkh said. Gutseriyev was fired in May. Later that month, however, a court in Ufa ruled that the appointment of Sukhanov as president was unauthorized. |
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