Daimler in talks to make vans in Russia The Times Of India STUTTGART: German carmaker Daimler is in talks with Russia’s Kamaz and other companies about possibly making vans in the country, the head of the German carmaker’s Mercedes-Benz van unit said on Wednesday. | A decision is expected to be made by end of this year, Volker Mornhinweg said. The marke...
China defence budget seen expanding, UK's shrinking The Star | LONDON (Reuters) - China is likely to see the largest increase in its defence budget in the next four years and Britain the biggest decrease, a defence information group said in its industry survey on Tuesday. Missiles are displayed in a parade to celebrate the 60th anniversary of the founding of ...
Russian banks' loans gain momentum, bad loans down The Guardian MOSCOW, July 30 (Reuters) - Russian banks' loans to firms grew 2.1 percent in June in the biggest upward move since February 2009 and the volume of bad loans declined for the first time since the crisis, the central bank's data showed on Friday. The ...
Latvian bank woos Russians using EU residence permit (News Feature) m&c | Riga - 'Welcome to EU!' says the matronly woman in a blue dress and Baltic amber necklace. In her hands is a tray of bread and salt - a traditional Russian greeting for guests. | She is the face of a new advertising campaign by Latvia's Rietumu Ban...
Russians fear pensions timebomb BBC News A timebomb is ticking in Russia's pension system - but it is unpopular to talk about it. | It is lunchtime on a sunny Siberian summer's day, and the mums are out in force in Novosibirsk's central park. | The talk in the playground is about the heatwa...
BP to sell Venezuela projects to Russian JV The Times Of India CARACAS/MUMBAI: BP HAS told Venezuela’s state oil company it’s interested in selling stakes in three projects to its Russian venture, TNK-BP Holding, Petroleos de Venezuela SA vice president Eulogio del Pino said. | BP needs the Venezuelan govern...
AP / ISNA, Arash Khamoushi
Small Bank in Germany Tied to Iran Nuclear Effort Wall Street Journal By PETER FRITSCH in Washington and DAVID CRAWFORD in Berlin | As the international sanctions noose tightens around Iran's nuclear program, Tehran is increasingly relying on a small...
New competitors may end Airbus-Boeing duopoly Gulf News | London: For years, the Farnborough airshow was a bitter dogfight between Boeing and Airbus. | That may soon be over. | The head of Airbus parent EADS (European Aeronautic Defence...
AP / RIA Novosti. Vladimir Rodionov, Presidential Press Servicel
Russia asks Iran to come clean Gulf News | Yekaterinburg, Russia: Russian President Dmitry Medvedev ratcheted up the pressure on Iran Thursday, urging it to explain the "military components" of its nuc...
Russia announces $23 billion asset sale Newsday | July 29, 2010 | (AP) — Russia's economy minister says the nation plans to raise $23 billion in the next three years by selling shares in some of the largest state-owned companies. It would be Russia's largest privatization since the 1990s....
Russian steel firms join world raw materials race Business Report | * Russian firms buying mines in United States, Africa | Submit your comment | Russia's steel sector is joining the global race for key raw materials as prices rise, developing assets in remote locations at home while bidding for mines abroad...
UPDATE 1-Teva Pharm plans Russia plant, sales boost The Guardian * To invest up to $100 million in Russian plant by 2014 * Aims to boost Russian annual sales to $1 bln by 2015 * Sees 2010 Russia sales at over $340 million vs $280 million in '09 (Adds quotes, details, background) By Maria Kiselyova MOSCOW, July 29 ...
Europe's new sanctions on Iran unlikely to bring oil trade to a halt Daily Star Lebanon | Tuesday, July 27, 2010 | - Powered by | Analysis | Barbara Lewis | Reuters | DUBAI: Sanctions on Iran tightened their grip on Monday with European measures making business with the OPEC member even harder, but no-one expects its oil trade to cease as high profits and energy needs inspire ingenuity. | Following US sanctions and the new EU action, ...
