MOSCOW - Alisher Usmanov, the richest man in Russia, is stabbing the air emphatically with his finger.
MOSCOW - The easy days are over for Russia. After years of rising oil prices that poured ever more revenues into the nation's coffers, it now faces tough decisions on spending.
MOSCOW - Russia's energy minister met OPEC Secretary General Abdullah al-Badri in Vienna earlier this week as the world's leading crude producer seeks to bolster ties in the faces of increasing oil prices volatility, the minister told a Reuters Summit.
MOSCOW - Russia said on Friday it would only grant a bailout loan to Cyprus as part of a coordinated rescue with the European Union for the Mediterranean island state, which it said was seeking a total of 20 billion euros ($25.7 billion) in aid.
MOSCOW - England premier league side Arsenal will not win trophies if they keep selling their best players although manager Arsene Wenger has maintained an attractive style with a changing squad, Uzbek-born shareholder Alisher Usmanov said.
MOSCOW - Russia's Norilsk Nickel , the world's largest nickel and palladium miner, is taking its push to boost reserves to Africa, where it is considering deals and the acquisition of copper, nickel and platinum licenses, its CEO said on Wednesday.
MOSCOW - Russian gas export monopoly Gazprom wants China to pay up front for gas to meet 40 percent of the costs of building the pipeline, Russia's energy minister said on Thursday, after the company reported progress in talks with Beijing.
MOSCOW - The Kremlin is close to winning yet another battle to bring more oil assets under state control, a strategy that critics say could backfire in the long-term by crippling industry, straining budget resources and even sparking social unrest.
MOSCOW - Banker and media magnate Alexander Lebedev said on Tuesday he fears he will soon face criminal charges and jail because he thinks Russian President Vladimir Putin mistakenly believes the tycoon is funding his opponents. | Video
MOSCOW - (For other news from Reuters Russia Investment Summit, click on http://www.reuters.com/summit/RussiaInvestment12) Russia's Deputy Prime Minister Arkady Dvorkovich, responsible for the agriculture sector, ruled out export restrictions of any kind and called for an end to speculation on the matter, saying Russia's government had changed since a ban was imposed in 2010.
MOSCOW - Russian President Vladimir Putin, who faces the biggest protests of his 12-year rule, could lose power overnight if the oil price sinks and he fails to reduce corruption, a leading Russian economist said on Monday.
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