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MOSCOW, February 2 (RIA Novosti) - Alexander...

MOSCOW, February 2 (RIA Novosti) - Alexander Khloponin, recently appointed deputy premier in charge of the volatile North Caucausus, has been included into the powerful inner Cabinet, the government said on Tuesday.


MOSCOW, October 18 (RIA Novosti) - Russia"s...

MOSCOW, October 18 (RIA Novosti) - Russia"s United Aircraft Corporation (UAC) said on Thursday it intended to hold an initial public offering on Russian bourses in late 2009 and early 2010 to the sum of $1-1.5 billion. The UAC was established earlier this year to help overcome the crisis in Russia"s aircraft industry, and incorporates many of the country"s best-known aircraft builders, including Mikoyan, Ilyushin, Irkut, Sukhoi, Tupolev, Yakovlev and other enterprises in the industry. A UAC official also said the corporation would float newly issued shares representing 10-15% of its charter capital by closed subscription in 2008, adding that Russia"s government-controlled foreign economic bank Vnesheconombank could participate in the offer. The UAC, which is 90% state owned, incorporates aircraft building companies and state assets engaged in the manufacture, design and sale of military, non-military, transport and unmanned aircraft in a bid to streamline the Russian aviation industry. The UAC official also said the company would borrow about 120 billion rubles (about $4.8 billion) by 2012.


MOSCOW, August 25 (RIA Novosti) - One of...

MOSCOW, August 25 (RIA Novosti) - One of Russia's largest cosmetics retailers Arbat Prestige could face bankruptcy being hit by a new 1.59-billion-ruble ($65-million) debt claim, a Russian business daily said on Monday.

Politics

Russia will continue to support China, including...

"Russia is very careful about [its] ties with China," Putin said during a meeting in Moscow with Chinese Vice President Xi Jinping, who is expected to succeed Hu Jintao as president.

"We have always supported China on the most sensitive issues, including the Taiwan problem," Putin added.

The statement comes amid a simmering dispute over U.S. arms sales to de facto independent Taiwan, an island just off China"s west coast, which Beijing considers a rebel region to be reunited with the mainland.

Tension rose sharply earlier this year after the United States said it would sell $6.4 billion worth of arms to Taiwan.

Beijing has threatened to suspend military ties with Washington and impose sanctions against the arms exporters.

Relations were further soured when U.S. President Barack Obama received Tibetan spiritual leader Dalai Lama at the White House in late February.

MOSCOW, March 23 (RIA Novosti)




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