May 2, 2013 | Central & Eastern Europe, News, Russia
Russia’s richest man Alisher Usmanov told Bloomberg that he recently spent about $100 million buying Apple shares in anticipation they will rise. “I believe in the future of this company even after Steve Jobs,” he said to the news agency. “When the company lost...
May 1, 2013 | Central & Eastern Europe, News, Russia
RBC, one of Russia’s largest media groups in the online, television, print media, hosting and domain name registration segments, is restructuring its B2C Internet assets, the group’s press service stated in an exchange with East-West Digital News. Managed by...
Apr 30, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Moscow Times 29 April 2013 Transparency in business procedures, cheaper domestic travel and road signs in English would bring more tourists and foreign investors to Russia, Italian Ambassador Antonio Zanardi Landi said on Friday. While large investments become...
Apr 30, 2013 | Central & Eastern Europe, News, Russia
FinEx has launched Russia’s first ever locally listed exchange-traded fund (ETF), the FinEx Tradable Russian Corporate Bonds UCITS ETF. The fund has been listed on the Moscow Exchange and provides exposure to shorter maturity liquid Eurobonds issued by Russian...
Apr 30, 2013 | Central & Eastern Europe, News, Russia
Moscow-based startup Workle, whose platform enables residents of Russia’s regions to work on a remote basis for leading companies, announced last week it has raised $3.5 million in its second round of funding. The investment came from Klever Internet Investment, the...
Apr 29, 2013 | Central & Eastern Europe, News, Russia
LONDON, April 26 (Reuters) – Indebted Russian steel group Mechel has backed off from selling up to 25 percent of its mining division because of market conditions, sources with knowledge of the matter said. Mechel Mining stake sale on ice until late 2013 Mechel...
