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MOSCOW, February 11 (RIA Novosti) - Russia"s...

MOSCOW, February 11 (RIA Novosti) - Russia"s anti-trust regulator will make a decision February 17 on a bid by the country"s second-largest bank, VTB, to buy a 30% stake in Polyus Gold, Russia"s leading gold producer, a spokesperson said on Wednesday. The Federal Antimonopoly Service warned, however, that it would have to reject the deal altogether unless the two parties provided information on final beneficiaries. Under anti-trust laws, the Federal Antimonopoly Service (FAS) is required to consider approvals within a month, but can postpone decisions for another two months if additional information is required. The FAS has been considering the VTB deal for three months already. "The application expires next Tuesday, on February 17. Unless we obtain the necessary information by that time, we will be forced to refuse them," Irina Kashunina said. Russian billionaire Mikhail Prokhorov, owner of the Onexim Group investment vehicle, and his former business partner Vladimir Potanin, who heads the Interros holding company, hold 30% each in Polyus Gold. Neither Onexim nor Interros has provided comment.


Patriarch of Moscow and All Russia Kirill...

Patriarch of Moscow and All Russia Kirill said on Wednesday that a priest who was shot dead during the night was killed for refusing to go against his principles.


MOSCOW, August 8 (RIA Novosti) - Studying...

MOSCOW, August 8 (RIA Novosti) - Studying the geological samples taken from the North Pole seabed during Russia's symbolic expedition last week could take six months, a Russian Academy of Sciences spokesman said Wednesday.

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MOSCOW, August 28 (RIA Novosti) - The eight...

Russia"s special investigations committee said Thursday that the eight men, who were arrested last week onboard the Maltese-flagged vessel by Russian naval personnel following a two-week international hunt, have been remanded in custody on piracy and kidnapping charges.

Lawyer Alexander Samodaikin representing the interests of Alexei Buleyev said that his client denied all charges insisting that he and his co-defendants were environmentalists, who requested assistance from the Maltese-flagged Arctic Sea after their vessel got into trouble.

Some media reports have dismissed the hijacking theory as a ploy to cover up a possible conspiracy, including arms smuggling or that the ship, which had 15 Russian crewmembers onboard, was carrying a "secret" cargo.

Russia"s chief investigator said on Tuesday allegations that the Arctic Sea may have been involved in illegal operations would be probed.

Press speculation over the mystery surrounding the Arctic Sea"s disappearance

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