RT asks

With gold prices hitting all time highs should Russia to be thinking of selling some of its reserves?

Business ties hold awkward relationship in place The business relationship between Russia and Britain has returned to the spotlight with high level visits in both directions, including Finance Minister, Alexei Kudrin’s London trip to promote a Russian Eurobond issue.

English language service creates a business for those with drive Rebounding consumer demand is expected to put the service sector, in which a small niche market exists for English language services. Despite the downturn, it is providing opportunities for those with initiative.

Scandinavian Nord Stream approvals bring construction closer Russia is a step closer to bypassing disputes involving gas transit nations with Nord Stream, after key approvals were granted by Sweden and Finland on Thursday.

CTC Media posts 3Q Net Income of $25.8 million Russian TV broadcast group, CTC Media, has posted a 3Q 2009 Net Income of $25.8 million under U.S. GAAP.

No final decision on Eurobonds says Deputy Finance Minister Deputy Finance Minister Dmitry Pankin, speaking with RT, discusses Russia’s massive bond issue and ways in which Russia can handle its budget deficit.

Government holds to conservative GDP outlook while economists see upside Russia's government is predicting a modest 2% GDP growth next year. But many independent economists say the figure could actually be more than double that.

Shock GM decision on Opel sale draws ire The GM decision to back out of the planned sale of a 55% stake in Opel has sparked an angry response in Berlin and concern in Moscow, after months of negotiations went nowhere.

Improving US car market reason behind GM not selling Opel General Motors has withdrawn the sale of Opel to the consortium of Canada’s Magna and Russia’s Sberbank. Some experts believe the improving situation at the US car market was one of the reasons for the decision.

GM U-turn leaves Sberbank Magna Opel plans on road to nowhere After a 6 hour board meeting, General Motors has walked away from the planned sale of a majority stakeholding in its German arm, Opel, to the Magna Sberbank joint venture it reached final agreement with just weeks ago.

Global debt markets see Russian return with Eurobond issue This week will see Finance Minister, Aleksey Kudrin, persuading investors of Russia’s merits as he announces an $18 billion Eurobond issue.

Russian share offerings poised for a rebound Rusal is headlining companies looking to place shares, in moves which should see Russia resume its position at the forefront of market listing activity, after a very quiet 18 months during the economic downturn.

Fall in bank loans cuts NPL’s as home lending continues slump A 2% fall in overdue corporate loans in September, on the back of a strengthening Rouble, has helped reduce the non performing loans of Russian banks for the first time in a year.

Evroset to take S7 ticket payment as move beyond mobiles picks up strength Mobile phone retailer Evroset will take payment for tickets on domestic Russian air carrier S7 Airlines, under an agreement unveiled on Tuesday.

.рф to join .كوم and .山羊 as the web moves away from .com Website addresses will soon be available in the Cyrillic alphabet, after ICANN, the organisation responsible for assigning domain names, agreed in Seoul, Korea, on domain name extensions in non latin alphabets.

Uralsib posts 1H 2009 Net Loss of 904 million Roubles Russian bank, Uralsib, has posted a 1H 2009 Net Loss of 904 million Roubles under IFRS.

New antimonopoly rules to put transgressors behind bars On Friday, the law on criminal liability for abusing antimonopoly rules also came into force, with energy majors under the pump for their pricing policies according to the Federal Antimonopoly Service.

KHL: that baby sure can run Life's such a funny picture You ask - Russian FM answers Oh, that charming Sophie and her questions.

Vologda looks to tourism for bigger slice of the economic pie Most foreign visitors to Russia think first of the wonders of St Petersburg or Moscow, with the Kremlin, palaces and ancient monasteries high on the agenda. But Vologda is looking to put itself on the tourist map.

Mooted Russian gold sales in support of local companies and budget The Russian government this week announced it was thinking of selling 25 tons of gold from its reserves. But while prices for bullion are at record highs, is it the right time to be selling?

Russian car owners look to cash in their clunkers Russia is about to launch the cash-for-clunkers program targeted at boosting domestic car sales. But experts say the scale of the project is too small, and the country’s car-recycling infrastructure is far from ready.

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Ukraine gas payment issues political not financial: Putin Russian Prime Minister, Vladimir Putin, says Ukraine is likely, once again, to have problems paying for its gas supply, but that these stem from domestic Ukrainian politics rather than lack of finances.

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Gazprom and E.ON complete asset swap Gazprom and E.ON have finalized an asset swap which will see the German energy giant with a stake in the Yuzhno-Russkoye gas field after four years of talks.

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