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RIA Novosti / Vladimir Pesnya 03.01, 18:10 1 comment

Russian tourists want adventure on the cheap

Russian tourists are becoming more adventurous in their choice of destination, but are also looking for a deal, especially this holiday season.

 
Ministry of Economic Development of the Russian Federation Elvira Nabiullina (L) and WTO Director-General Pascal Lamy (R) hold the protocol documents in front of (L to R) Nigerian ambassador Frederick Agah, First Deputy Prime Minister Igor Shuvalov and Chairman of the eighth World Trade Organization ministerial conference Nigerian Trade Minister Olusegun Aganga during a signing ceremony on Russia accession to the World Trade Organization on December 16, 2011 in Geneva (AFP Photo / Fabrice Coffrini) 03.01, 18:10

What's in it for me? Russians & WTO

While Russian authorities celebrate final joining WTO after 18 years of negotiations and local industries calculate the probable losses and benefits, Russian consumers wonder could they win or loose with the World Trade Organization?

Image from top4man.ru 02.01, 13:06 1 comment

Pathfinders: The secret of expat restaurateur success in Russia

What does it take to become an entrepreneur in Russia? In our series on Pathfinders, Business RT talks to some expats who have discovered the country's potential.

 
Cows stand by milk churns set (AFP Photo / JEAN-PIERRE MULLER) 03.01, 10:51 1 comment

Pathfinders: The key to expat farmer success in Russia

John Kopiski used to earn a living trading coal in Britain. But 15 years ago, he moved to Russia to explore the country's neglected pastures and eventually transform them into flourishing businesses.

What made Russian business in 2011 02.01, 11:24

What made Russian business in 2011

From major mergers and accusations to joining the WTO, from fuel shortages to Nord Stream, from government decrees to market fluctuations – all of that made up the turbulent business year of 2011.

 
RIA Novosti / Aleksey Kudenko 02.01, 11:23

Russian economy to drag in year of Dragon

Russia did not remain immune to the global turmoil in 2011, but performed better than other economies. Experts agree in 2012 its economy will follow basic world trends. Continuing mild recession, with no big economic shocks is the forecast.

RIA Novosti / Aleksey Danichev 30.12.2011, 17:38 4 comments

Oil prices go zigzag with concerns about Iran

Oil prices went up and down after the market appeared confused over Iran’s threat to block the major oil shipping route through the Strait of Hormuz.

 
Russia´s service sector down in December 30.12.2011, 12:59

Russian service sector confidence slump

The service sector in Russia slowed down in December, and the industry’s expectations are at their lowest since the end of 2008.

RIA Novosti / Vadim Zhernov 30.12.2011, 09:44

Market Buzz: Rouble falls as Russians fly

A “moderately positive” Thursday trading session on Russian markets is expected to slowly move into Friday, as investors are leaving the floor for the New Year holidays.

 
Russia´s manufacturing down in December 29.12.2011, 13:55

Russian manufacturing optimism falters in December

Russia’s manufacturing slowed down in December, with the overall 2011 performance remaining flat.

Russian stocks to remain flat 29.12.2011, 09:42

Market Buzz: Russian stocks to remain flat

The Russian market is expected to trade flat until the end of the year as the liquidity level remains low.

 
Former Finance Minister Alexei Kudrin (RIA Novosti / Vladimir Astapkovich) 28.12.2011, 15:27 1 comment

Ex-Finance Minister flourishes a brush for charity

Russia’s former Finance Minister Alexey Kudrin has been proving there is more to life than balance sheets. He’s sold his first painting at auction for 100,000 euro – the money will go to charity.

Russia´s IPO ambitious plans were pretty much damaged by the world economic unrest in 2H 2011 28.12.2011, 14:00

Russian IPO Rollercoaster

After a good start Russian IPOs were disrupted by the economic turmoil in the second half of 2011 as many investors preferred to sit and wait for better times.

 
Tourists walk on the beach near the site in the Red Sea resort of Sharm el-Sheikh (AFP Photo / KHALED DESOUKI) 28.12.2011, 13:42 3 comments

Exodus from Egypt

Leading Russian tourism organisations are voicing their concerns over the possible introduction of Islamic law into Egypt that would restrict alcohol and how women dress, and say it is likely to scare away Russian tourists.

Employees of the ATON Investment Company (RIA Novosti / Grigory Sysoev) 28.12.2011, 09:40

Market Buzz: The holiday doldrums

Russian stocks are expected to gain in Wednesday trading, after the unexpected fall on Tuesday.

 
Russian mortgage market could reach its record high in 2011 27.12.2011, 18:33 1 comment

Russian mortgage rocks

Russians have become more open to mortgages, as their volume grew almost 80% year on year in 2011, experts say.

Russian businesses get friendly with clients through social networks 27.12.2011, 15:11

Russian businesses get friendly with clients through social networks

Russian companies are among the world leaders in using social media as more than half of them apply social networks for business purposes.

 
Moscow World Trade Center (RIA Novosti / Alexey Kudenko) 27.12.2011, 09:43

Market Buzz: Mild gains ahead of holidays

Russian indices are expected to extend their moderate gains as Western stocks remain closed for the holidays.

VimpelCom threatens to shut down Beeline Wifi network 26.12.2011, 17:58 1 comment

High Fees cooling Wifi Hot Spots in Moscow

The operator of the world’s largest city-wide Wi-fi network is threatening to shut it down if new fees by the Russian Ministry of Telecommunications are enforced.

 
Russia and France have created a joint venture to develop a tourism hub in Russia´s North Caucasus 26.12.2011, 17:24 3 comments

France steps into Russia’s North Caucasus to boost tourism

France will bring its world class expertise in ski resorts to Russia’s North Caucasus, where the countries plan to jointly develop a tourism hub.

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