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REFILE-UPDATE 5-Obama challenges Russia to agree to deeper nuclear weapon cuts
6 hours ago - Reuters - Jun 19, 2013 8:55 PM
BERLIN, June 19 (Reuters) - U.S. President Barack Obama used a speech in Berlin on Wednesday to call on Russia to revive the push for a world without nuclear weapons, offering to cut deployed nuclear arsenals by a third, but Moscow immediately poured



UPDATE 1-Russian official says statement on railway chief dismissal was hoax
11 hours ago - Reuters - Jun 19, 2013 3:14 PM
MOSCOW, June 19 (Reuters) - A statement announcing that Prime Minister Dmitry Medvedev had dismissed Russian Railways chief Vladimir Yakunin was a hoax, Medvedev's spokeswoman Natalya Timakova said on Wednesday.



Russian official says statement on railway chief dismissal a hoax
13 hours ago - Reuters - Jun 19, 2013 2:05 PM
MOSCOW, June 19 (Reuters) - A statement announcing that Prime Minister Dmitry Medvedev had dismissed Russian Railways chief Vladimir Yakunin was a hoax, Medvedev's spokeswoman Natalya Timakova said on Wednesday.


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UPDATE 2-U.S. puts Russia on notice in first report on WTO compliance
13 hours ago - Reuters - Jun 19, 2013 1:30 PM
WASHINGTON, June 19 (Reuters) - The United States, in thefirst report on Russia's compliance with its World TradeOrganization commitments, said on Wednesday it was closelywatching Moscow for any violations that thwart U.S. exports tothe world's sixth



UPDATE 2-U.S. puts Russia on notice in first report on WTO compliance
13 hours ago - Reuters - Jun 19, 2013 1:30 PM
WASHINGTON, June 19 (Reuters) - The United States, in the first report on Russia's compliance with its World Trade Organization commitments, said on Wednesday it was closely watching Moscow for any violations that thwart U.S. exports to the world's s


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Billionaire Saudi Prince Alwaleed Is Scoping Out A Site For His Mile-High Skyscraper
13 hours ago - Business Insider - Jun 19, 2013 1:27 PM
Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London, and New York, as possible locations to build a mile-high skyscraper that would be the world's tallest bui



Russian Railways chief Yakunin dismissed - government
14 hours ago - Reuters - Jun 19, 2013 12:37 PM
MOSCOW, June 19 (Reuters) - Russian Prime Minister Dmitry Medvedev has dismissed the head of state-controlled railway company Russian Railways, Vladimir Yakunin, at his own request, the government said on Wednesday.



Fitch Rates JSC SB Alfa Bank Kazakhstan 'B+'
16 hours ago - Reuters - Jun 19, 2013 10:45 AM
(The following statement was released by the rating agency) LONDON/MOSCOW, June 19 (Fitch) Fitch Ratings has assigned JSC SB Alfa Bank Kazakhstan (ABK) Long-term Issuer Default Ratings (IDRs) of 'B+' with a Stable Outlook. A full list of rating actio



SocGen CEO: Russia ops to hit 15 pct ROE by 2015
22 hours ago - Reuters - Jun 19, 2013 4:33 AM
MOSCOW, June 19 (Reuters) - French bank Societe Generale aims to deliver a sustainable return on equity of over 15 percent on its Russia operations by 2015, SocGen Chief Executive Frederic Oudea said on Wednesday.



PRESS DIGEST - RUSSIA - June 19
23 hours ago - Reuters - Jun 19, 2013 3:57 AM
MOSCOW, June 19 (Reuters) - The following are some of the leading stories in Russia's newspapers on Wednesday. Reuters has not verified these stories and does not vouch for their accuracy.


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Gazprom closes in on deal over Enel's Belgium power plant-source
23 hours ago - Reuters - Jun 19, 2013 3:11 AM
MOSCOW, June 19 (Reuters) - Russia's Gazprom isset to sign a letter of intent to acquire a generating plant inBelgium from Italy's Enel, a Gazprom source toldReuters on Wednesday.


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Gazprom closes in on deal over Enel's Belgium power plant-source
23 hours ago - Reuters - Jun 19, 2013 3:11 AM
MOSCOW, June 19 (Reuters) - Russia's Gazprom is set to sign a letter of intent to acquire a generating plant in Belgium from Italy's Enel, a Gazprom source told Reuters on Wednesday.



Russia may sell Rostelecom stake to domestic rivals - report
24 hours ago - Reuters - Jun 19, 2013 2:41 AM
MOSCOW, June 19 (Reuters) - Russia is considering selling its 53 percent stake in state-controlled telecoms operator Rostelecom to the company's domestic rivals MTS , MegaFon and Vimpelcom, Kommersant reported on Wednesday.



Russia may sell Rostelecom stake to domestic rivals - report
24 hours ago - Reuters - Jun 19, 2013 2:41 AM
MOSCOW, June 19 (Reuters) - Russia is considering selling its 53 percent stake in state-controlled telecoms operator Rostelecom to the company's domestic rivals MTS , MegaFon and Vimpelcom,...


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What It's Like To Really Like To Live In Oslo, The World's Most Expensive City
1 day ago - Business Insider - Jun 18, 2013 3:41 PM
Oslo is usually fighting for the top spot with Moscow and Tokyo. The contest in question? The race of being the most expensive city in the world. Oslo just "won". Yet again. I live in Oslo. I'd celebrate, if I could only afford to. So, what do we hav



UPDATE 4-Russia backs weaker rouble to boost budget and growth
2 days ago - Reuters - Jun 18, 2013 10:24 AM
MOSCOW, June 18 (Reuters) - Russia's Finance Minister said on Tuesday he would welcome a weaker rouble to revive flagging economic growth, but while the approach may boost fiscal revenues there is a...



Russia's Mechel launches $100 mln share buyback programme
2 days ago - Reuters - Jun 18, 2013 10:05 AM
MOSCOW, June 18 (Reuters) - Russian miner Mechel said on Tuesday it would launch a share buy back programme of up to $100 million, after it reported a first-quarter net loss of $321 million partly due to weak prices.



GE to create Russian venture to build power plants
2 days ago - Reuters - Jun 18, 2013 9:42 AM
MOSCOW (Reuters) - U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties said on Tuesday.



GE to create Russian venture to build power plants
2 days ago - Reuters - Jun 18, 2013 9:33 AM
MOSCOW, June 18 (Reuters) - U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties...



GE to create Russian venture to build power plants
2 days ago - Reuters - Jun 18, 2013 9:33 AM
MOSCOW, June 18 (Reuters) - U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties said on Tuesday.



GE to create Russian venture to build power plants
2 days ago - Reuters - Jun 18, 2013 9:33 AM
MOSCOW, June 18 (Reuters) - U.S. conglomerate General Electric Co will create a joint venture with Russia's state-funded private equity vehicle to build mini power plants across Russia, the parties...


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Russia starts delivering $1 bln arms package to Azerbaijan
2 days ago - Reuters - Jun 18, 2013 9:04 AM
MOSCOW, June 18 (Reuters) - Russia has begun delivering tanks, artillery cannons and rocket launchers worth $1 billion to Azerbaijan, a Moscow-based defence group said on Tuesday, as the former Soviet republic strengthens its military readiness in th



Russia opens criminal investigation into Aeroflot executive
2 days ago - Reuters - Jun 18, 2013 8:31 AM
MOSCOW, June 18 (Reuters) - Russian officials have opened a criminal investigation into a deputy head of state-controlled airline Aeroflot on suspicion that he abused his position by selling cheap tickets to travel agents linked to his family.



UPDATE 1-Russia welcomes weaker rouble if market-driven - Siluanov
2 days ago - Reuters - Jun 18, 2013 5:24 AM
MOSCOW, June 18 (Reuters) - Russian Finance Minister Anton Siluanov told Reuters on Tuesday he would welcome a weakening of the rouble's exchange rate as long as it is market driven, saying it would...



Russia welcomes weaker rouble if market-driven - Siluanov
2 days ago - Reuters - Jun 18, 2013 5:05 AM
MOSCOW, June 18 (Reuters) - Russian Finance Minister Anton Siluanov told Reuters on Tuesday he would welcome a weakening of the rouble's exchange rate as long as it is market driven, saying it would...



Russia's Mechel underperforms with Q1 net loss of $321 mln
2 days ago - Reuters - Jun 18, 2013 4:17 AM
MOSCOW, June 18 (Reuters) - Russian miner Mechel posted on Tuesday a first-quarter net loss of $321 million, compared with profit of $218 million in the same quarter last year partly due to the sale of loss-making Romanian assets in February.



Russia's Tinkoff selects banks for share listing - source
2 days ago - Reuters - Jun 18, 2013 4:02 AM
MOSCOW, June 18 (Reuters) - Russian credit card supplier Tinkoff Credit Systems (TCS) has selected banks to organise a stock market listing, a source close to the placement said on Tuesday.



Russia's Tinkoff selects banks for share listing - source
2 days ago - Reuters - Jun 18, 2013 4:02 AM
MOSCOW, June 18 (Reuters) - Russian credit card supplier Tinkoff Credit Systems (TCS) has selected banks to organise a stock market listing, a source close to the placement said on Tuesday.



Russia's Tinkoff selects banks for share listing - source
2 days ago - Reuters - Jun 18, 2013 4:02 AM
MOSCOW, June 18 (Reuters) - Russian credit card supplier Tinkoff Credit Systems (TCS) has selected banks to organise a stock market listing, a source close to the placement said on Tuesday.



Russia's Tinkoff selects banks for share listing - source
2 days ago - Reuters - Jun 18, 2013 4:02 AM
MOSCOW, June 18 (Reuters) - Russian credit card supplier Tinkoff Credit Systems (TCS) has selected banks to organise a stock market listing, a source close to the placement said on Tuesday.



Saudi prince eyes world's big cities for mile-high tower
2 days ago - Reuters - Jun 18, 2013 2:58 AM
DUBAI, June 18 (Reuters) - Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London and New York, as possible locations to build a mile-high skyscraper that would be the world's


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Saudi prince eyes world's big cities for mile-high tower
2 days ago - Reuters - Jun 18, 2013 2:58 AM
DUBAI, June 18 (Reuters) - Saudi billionaire Prince Alwaleedbin Talal says he is looking at the world's largest cities,including Shanghai, Moscow, London and New York, as possiblelocations to build a mile-high skyscraper that would be theworld's tall



Saudi prince eyes world's big cities for mile-high tower
2 days ago - Reuters - Jun 18, 2013 2:58 AM
DUBAI, June 18 (Reuters) - Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London and New York, as possible locations to build a mile-high skyscraper that would be the world's



Saudi prince eyes world's big cities for mile-high tower
2 days ago - Reuters - Jun 18, 2013 2:58 AM
DUBAI, June 18 (Reuters) - Saudi billionaire Prince Alwaleed bin Talal says he is looking at the world's largest cities, including Shanghai, Moscow, London and New York, as possible locations to...



Fitch Assigns Kazakhstan's Sberbank Series 2 Bonds 'BBB-' Final Rating
3 days ago - Reuters - Jun 17, 2013 1:39 PM
(The following statement was released by the rating agency) MOSCOW/LONDON, June 17 (Fitch) Fitch Ratings has assigned Kazakhstan-based Subsidiary Bank Sberbank of Russia's (SBK; BBB-/Stable; AA(kaz)/Stable) Series 2 senior unsecured bonds a Long-term



Russia's VEB, Gazprom eyes Eurobond issue in July - sources
3 days ago - Reuters - Jun 17, 2013 10:46 AM
MOSCOW, June 17 (Reuters) - Russia's top gas producer Gazprom and state development lender Vnesheconombank (VEB) may place a Eurobond in July, two banking sources told Reuters on Monday.



UPDATE 1-Russia to slow pace of privatisation - paper
3 days ago - Reuters - Jun 17, 2013 9:31 AM
MOSCOW, June 17 (Reuters) - Russia plans to delay its privatisation programme and hold on to stakes in state companies such as Rosneft for longer, a report said on Monday, compounding disappointment for investors who have been pulling money from the



UPDATE 1-Russia to slow pace of privatisation - paper
3 days ago - Reuters - Jun 17, 2013 9:31 AM
MOSCOW, June 17 (Reuters) - Russia plans to delay its privatisation programme and hold on to stakes in state companies such as Rosneft for longer, a report said on Monday, compounding disappointment...



UPDATE 1-Russia to slow pace of privatisation - paper
3 days ago - Reuters - Jun 17, 2013 9:31 AM
MOSCOW, June 17 (Reuters) - Russia plans to delay its privatisation programme and hold on to stakes in state companies such as Rosneft for longer, a report said on Monday, compounding disappointment...


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UPDATE 1-Russia to slow pace of privatisation - paper
3 days ago - Reuters - Jun 17, 2013 9:31 AM
MOSCOW, June 17 (Reuters) - Russia plans to delay its privatisation programme and hold on to stakes in state companies such as Rosneft for longer, a report said on Monday, compounding disappointment for investors who have been pulling money from the



UPDATE 1-Russia to slow pace of privatisation - paper
3 days ago - Reuters - Jun 17, 2013 9:31 AM
MOSCOW, June 17 (Reuters) - Russia plans to delay its privatisation programme and hold on to stakes in state companies such as Rosneft for longer, a report said on Monday, compounding disappointment for investors who have been pulling money from the



Fridman's Alfa Group sets up energy fund, to invest $20 bln
3 days ago - Reuters - Jun 17, 2013 9:00 AM
MOSCOW, June 17 (Reuters) - Billionaire Mikhail Fridman's Alfa Group will invest $20 billion or more in global oil and gas projects through a new fund it has set up that will be advised by top-ranking former oil bosses, including ex-BP chief executiv



Fridman's Alfa Group sets up energy fund, to invest $20 bln
3 days ago - Reuters - Jun 17, 2013 9:00 AM
MOSCOW, June 17 (Reuters) - Billionaire Mikhail Fridman's Alfa Group will invest $20 billion or more in global oil and gas projects through a new fund it has set up that will be advised by...



Fridman's Alfa Group sets up energy fund, to invest $20 bln
3 days ago - Reuters - Jun 17, 2013 9:00 AM
MOSCOW, June 17 (Reuters) - Billionaire Mikhail Fridman's Alfa Group will invest $20 billion or more in global oil and gas projects through a new fund it has set up that will be advised by...


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Fridman's Alfa Group sets up energy fund, to invest $20 bln
3 days ago - Reuters - Jun 17, 2013 9:00 AM
MOSCOW, June 17 (Reuters) - Billionaire Mikhail Fridman's Alfa Group will invest $20 billion or more in global oil and gas projects through a new fund it has set up that will be advised by top-ranking former oil bosses, including ex-BP chief executiv



Russia's Sberbank CIB to open up to $2.2 bln in credit to Interros
3 days ago - Reuters - Jun 17, 2013 5:17 AM
MOSCOW, June 17 (Reuters) - Sberbank Corporate & Investment Business (CIB), a subsidiary of Russia's top lender Sberbank , said on Monday it will open up to $2.2 billion in credit lines to Interros holding company, which manages assets of tycoon Vlad



Russia's Transcontainer Q1 earnings down 7.5 pct y/y
3 days ago - Reuters - Jun 17, 2013 3:48 AM
MOSCOW, June 17 (Reuters) - Russian rail group Transcontainer said on Monday that its first-quarter net profit fell by 7.5 percent in annual terms due to a weak pricing environment and reduced demand for container transportation in Russia.



UPDATE 1-Russia says illegal to impose Syria no-fly zone from Jordan
5 days ago - Reuters - Jun 15, 2013 6:24 AM
MOSCOW, June 15 (Reuters) - Russian Foreign Minister Sergei Lavrov said on Saturday any attempt to enforce a no-fly zone over Syria using F-16 fighter jets and Patriot missiles from Jordan would violate international law.



Fitch Affirms Four Georgian Banks
6 days ago - Reuters - Jun 14, 2013 12:09 PM
(The following statement was released by the rating agency) LONDON/MOSCOW, June 14 (Fitch) Fitch Ratings has affirmed the Long-term Issuer Default Ratings (IDRs) and Viability Ratings (VRs) of Bank of Georgia (BoG), TBC Bank (TBC), ProCredit Bank (Ge



RPT-Russia's Uralkali sees room for potash price increase
6 days ago - Reuters - Jun 14, 2013 9:30 AM
MOSCOW, June 14 (Reuters) - Russia's Uralkali, the world's largest potash miner by output, sees room for global fertiliser prices to rise without attracting new competitors into the market, its head of sales said.