Dvorkovich Says Crisis Measures to Continue
Dvorkovich, who is the Kremlin's point man for the summit, said the economic stability reached so far was purely based on the government's stimulus measures and there was no reason to discontinue t...Tags: Economic Stability, Kremlin, Measures, Point Man, Reason, Stimulus, Summit
HP Expects Gains in Falling Market
The country's IT market was worth more than $5.22 billion last year, up 18.7 percent from 2007, according to market research firm IDC. Sales were down 40 percent in the first two quarters of 2009, ...Tags: Decline, Falling Market, Hp, Idc, Kemp, Market Research Firm, Negative Trend, Quarters, Russia, Year End
Funeral Industry Sees Profits Fall 35%
The price for the average funeral has fallen to between 25,000 rubles ($830) and 27,000 rubles, compared with 30,000 rubles to 35,000 rubles a year ago, Alexander Suloyev, deputy head of Moscow's c...Tags: Alexander, Deputy Head, Funeral Industry, Moscow Times, Profits, Rubles
Prokhorov May Fund NBA Stadium
Mikhail Prokhorov, Russia's wealthiest man and an avid basketball fan, is considering funding the stadium after being approached by someone involved in building Barclays Center, which is planned to...Tags: Barclays, Basketball Fan, Brooklyn, Mikhail Prokhorov, Moscow Times, Nba, Petrov, Russia, Spokesman
Kudrin Predicts Oil Price Correction
Oil prices shot from a low of $40 per barrel in December to about $70 now because the United States, like other governments around the world, flooded its economy with money to fight the recession, ...Tags: Commodities, Economy, Finance Minister, Governments, Money, Oil Price, Oil Prices, Recession, Speculative Capital, United States
GAZ to Get Desired GM Technology in Opel Deal
Last week's deal for General Motors to give up control of its Opel unit could produce a major boon for Russian automaker GAZ: If the deal goes through, GAZ will get its hands on GM technology.Tags: Automaker, Boon, Control, Control Unit, General Motors, Gm, Gm Technology, Opel
HP Expects Gains in Falling Market
The country's IT market was worth more than $5.22 billion last year, up 18.7 percent from 2007, according to market research firm IDC.Tags: Falling Market, Hp, Idc, Market Research Firm
Funeral Industry Sees Profits Fall 35%
The price for the average funeral has fallen to between 25,000 rubles ($830) and 27,000 rubles, compared with 30,000 rubles to 35,000 rubles a year ago.Tags: Funeral Industry, Profits, Rubles
Prokhorov May Fund NBA Stadium
Mikhail Prokhorov, Russia's wealthiest man and an avid basketball fan, is considering funding the stadium after being approached by someone involved in building Barclays Center, which is planned to...Tags: Barclays, Basketball Fan, Brooklyn, Mikhail Prokhorov, Nba, Russia
Putin Urges Foreign Investment at Sochi Conference
The prime minister stressed the importance of Russia's "liberal financial regime" and called for a higher level of foreign investment in the country.Tags: Foreign Investment, Prime Minister, Regime, Russia, Sochi
