World News & Press Release Service
Greenfield Project Management Ltd has confirmed that it has entered into an agreement with Litasco SA, Geneva which both parties intend will lead to the conclusion of an offtake (sales) agreement for the output of bioethanol from the first phase of Greenfield’s bioenergy complex at Mozyr, Republic of Belarus.
Litasco (LUKoil International Trading and Supply Company) is [...]
According to Russia Today, the Russian frigate Ladny has freed the “Arctic Sea” cargo ship in the Atlantic without firing a shot and arrested eight alleged hijackers, according to the country’s Defense Ministry.
“The hijackers boarded the ‘Arctic Sea’, threatened the crew with weapons and demanded that their orders be followed,” RIA Novosti news agency quoted [...]
Russia’s Defense Minister Anatoly Serdyukov has informed President Dmitry Medvedev that the dry cargo ship “Arctic Sea” has been discovered “300 miles off the Cape Verde Islands”.
The minister said all the sailors are alive and safe. They were moved to a Russian anti-submarine warfare ship and are now answering questions “to clarify all the circumstances [...]
In accordance with the understanding reached at the meeting in London on April 1, 2009, Russia and the United States plan to continue the discussion concerning the establishment of cooperation in responding to the challenge of ballistic missile proliferation. Our countries are intensifying their search for optimum ways of strengthening strategic relations on the basis [...]
Gazprom flexes muscles with european supply concerns mounting.
The talks with Ukraine over gas supplies in 2009 have yielded no result. The arrears to Gazprom for previous gas deliveries haven’t been cleared till the end of this day. Despite the oral declarations from Kiev, Gazprom hasn’t received any money. We have heard a negative reply to [...]
Current trading
Group sales for the eleven months were 3% up in sterling terms and 3.5% down in constant currency terms vs. the same period last year. Like for like Group sales were 4.9% down in constant currency terms. The Group’s operating margin was 4.3%. Despite the weakening trading conditions in many markets around the world, [...]
FRANKFURT/MOSCOW, 11 September 2008
Deutsche Bank (XETRA: DBKGn.DE / NYSE: DB) and UFG Asset Management (UFG AM) today announced that they have signed an agreement to create a strategic partnership and business cooperation in Russia. Deutsche Bank, through its Asset Management division, will acquire a 40 per cent stake in UFG Invest, the Russian investment management [...]
Russia-NATO relations in tatters
HONOR MAHONY
Today @ 09:25 CET
Moscow’s relations with NATO were left in tatters on Tuesday (19 August) after the Kremlin dismissed the results of an emergency meeting of the military alliance on Russia’s actions in Georgia as “empty words.”
NATO foreign ministers gathered in the Brussels headquarters yesterday to discuss what actions it could [...]