The world’s largest foreign markets are all growing — and making it easier for western companies to join their economies. .expansionPic { width:324px; float:right; margin:0px 0 10px 10px; padding:5px 5px 0; background:#edece7; border:1px solid #d4d4d4; } * html .expansionPic { display:inline; margin-top:20px;} .expansionPic p {...
Rydex Investments -- the firm that pioneeredcurrency-based exchange traded products ETPs -- announced that shares ofCurrencyShares Russian Ruble Trust will begin trading on the NYSE Arcatoday. Rydex's newest ETP tracks the daily price movements of the ruble,offering first-time currency exposure to the Russian economy. Exchange...
MOSCOW and NEW YORK, Nov. 6 /PRNewswire/ -- United Company Rusal, the metals conglomerate owned by Russian billionaire Oleg Deripaska, is attempting to reverse the buyback of Norilsk Nickel after the court order freezing the buyback had come too late. When the minority shareholders of Norilsk Nickel...
MOSCOW AFP — Russian President Dmitry Medvedev believes his personal savings are safe despite the global financial crisis, he said in an interview published Wednesday amid mounting fears about Russian banks. "I have kept all of my bank accounts. I have not withdrawn any funds, nor have I...
Envision the trippiness of Op art combined with the solidity and vernacular references of Richard Prince's muscle-car hoods, and you might approach the work in "History Repeating," Rachel Beach's first solo show at Bespoke. Co-opting elements of architectural and furniture detailing and raw building materials, Beach's slick sculpture-painting hybrids playfully...
Liu Xiaodong, one of China's leading new-generation figurative painters, made headlines recently when his Newly Displaced Population (2004) sold at auction for a record $2.7 million. The painting, which depicts the construction of the Three Gorges Dam and some of the people caught in the project's tragic fallout, was purchased...
Russian Prime Minister Vladimir Putin has signed off on a budget directive allocating $2.6 billion to further develop GLONASS. In addition to 67 billion rubles, Putin said he planned to sign another directive that would set aside 45 billion rubles ($1.8 billion) in further funding for the country's...
MOSCOW, AFP — Trading on the Russian stock market was suspended for a third day on Thursday after the worst plunge in share prices since the 1998 financial crisis, a market spokesman told AFP. "Trading has not started again. We have not received permission from the FSFM (Federal...
MOSCOW AFP — Trading was suspended Friday on Russian stock markets when share prices soared minutes after the exchanges opened following a massive Russian government rescue plan, market officials said. "We've suspended trading from 11:05 am (0705 GMT). It was because of the sharp rise" in...
Grand Opening Celebration Begins at Avon Crossing Oct. 3 PLANO, Texas -- J. C. Penney Company, Inc., one of the nation's largest department store retailers, is offering shoppers an easy and exciting way to experience style and quality at smart prices with the grand opening of the JCPenney...
MOSCOW AFP — Russia is to invest 600 billion rubles (24.6 billion dollars, 16.7 billion euros) in hi-tech industries over two years, Prime Minister Vladimir Putin said Wednesday. "We have never put this kind of money into this area," Putin was quoted as saying by the Interfax news...
David Benioff is a hot-shot Hollywood screenwriter, with 'The Kite Runner' and the latest 'X-Men' film under his belt. So why, asks Christian House, swap the big bucks for the genteel world of literary fiction? Within minutes of introducing himself, David Benioff has...
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/317eb0/six_sizzling_marke) has announced the addition of the "Six Sizzling Markets: How to Profit from Investing in Brazil, Russia, India, China, South Korea, and Mexico" report to their offering. In Six Sizzling Markets, seasoned financial veteran Pran Tiku effectively outlines...
The European Union, NATO and the United Nations are all turning a blind eye to the troubles in the Balkans. Europe’s recurring nightmare in the Balkans has returned. On June 15, Kosovo will announce full statehood. But NATO is allowing Serbs to turn northern Kosovo...
MOSCOW -- Wimm-Bill-Dann Foods OJSC [NYSE: WBD] today announced its financial results for the quarter ended March 31, 2008. * Group sales rose 34.8% year-on-year to US$731.9 million * Gross profit increased 26.2% to US$219.5 million * Operating income increased 23.2%...
MOSCOW -- "COMSTAR - United TeleSystems" OJSC ("Comstar" or "the Group") (LSE: CMST), the leading integrated telecommunications operator in Russia and the CIS, today announced its unaudited consolidated US GAAP financial results for the three months ended March 31, 2008. FINANCIAL HIGHLIGHTS *...
The melodramatic title of Berliner Dennis Rudolph's first New York solo show, 'THE HOLY WAR, Chapter One: The Sacrifice of Youth," belied the reserved execution of its main feature--a group of eight identically sized paintings sourced from photographs of German World War II soldiers. Each of the...
Making the most of their newfound spending power, Russia's consumers are boosting the fortunes of the country's banks and corporations. With Russia's economy fueled by petrodollars, Russian consumers are on a spending spree that has made them Europe's largest consumer market. Although some analysts say escalating...
Decimated in the collapse of the Soviet regime the Russian Navy is reinventing itself as never before THE RUSSIAN NAVY -A PRISONER OF FINANCE It has been over 17-yr since the formal collapse of the Soviet Union. More correctly, the Soviet Union was a military...
For the week of May 12 - 16, 2008 the total trading volume on RTS equaled 6,8 bln. dollars (163,4 bln. rubles*), including all types of trades. The top sellers of the week were Gazprom ordinary shares GAZP -$68,186 mln, Sberbank ordinary shares SBER -...
Articles 2008-05-26
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