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Russia Investment 2013

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Russian economic stability: too much of a good thing

MOSCOW Russia is exercising fiscal restraint, has imposed a lockdown on monopoly pricing and the central bank is determined to bear down on inflation. | Video


Russia's roads, trains, planes frustrate business

MOSCOW Traffic jams, potholes, snail-paced trains and flights which don't connect are top of the list of frustrations for Russia's businessmen as they try to move goods and people across nine time zones.


Russia's Sistema aims to cut 'conglomerate discount'

MOSCOW Russian oil-to-telecoms group Sistema wants to reduce a gap between its market capitalization and the value of its individual corporate holdings by selling some of them while expanding into new business lines.

Russian online retailer Lamoda sees rapid growth, Ukraine next

BERLIN Russian online fashion retailer Lamoda is poised to expand to Ukraine and is considering offering its express delivery service to other brands, its chief executive told Reuters.


'Russian Hulu' squares up to online TV pirates

MOSCOW Luring Russia's 72 million web users away from online pirates is a top priority for leading Russian internet TV portal Tvigle, the firm's head told Reuters, forecasting revenues will double in the next two years.


Russia needs more risk takers

MOSCOW Russia needs more risk takers willing to strike out on their own as entrepreneurs, said Boris Titov, an official whose role is to relay the concerns of business to the government.

Russia's M.video bullish on consumer spending

MOSCOW Russian home electronics and white goods retailer M.video is confident that consumers will continue to spend rather than save, despite a sharp economic slowdown.


U.S. shift needed for Syria peace deal: Putin ally

MOSCOW World leaders will be able to secure a peace deal in Syria only if Washington drops demands for President Bashar al-Assad's removal and the threat of air strikes, an ally of President Vladimir Putin said.

Russian large pipe demand could rise 50 percent in 2014

MOSCOW Demand for large-diameter pipe (LDP) from Russian energy firms such as Gazprom could soar up to 50 percent in 2014 as major projects ramp up after delays, the owner of trading firm Pipe Innovation Technologies (PIT) told Reuters.


Gazprom says no talks on gas from Exxon's Sakhalin

YUZHNO-SAKHALINSK, Russia Gazprom has halted talks on buying gas from the Exxon Mobil-led Sakhalin-1 project after years of fruitless attempts to secure a deal, Deputy Chief Executive Alexander Medvedev told Reuters.


Now not the time for deeper austerity in Russia: Finance Minister

MOSCOW Russia's government should avoid deeper austerity measures at a time of slowing economic growth, Finance Minister Anton Siluanov told the Reuters Russia Investment Summit on Tuesday.


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