October 2008, Vol.3, No. 9
Anti-crisis managers seeking solutions to financial woesThe terms ‘volatility’ and ‘fragility’ as well as well ‘panic,’ ‘redemption packages,’ ‘uncertainty over who is next,’ ‘sacrificial lamb’ etc., became the most frequently heard words/phrases across major global stock exchanges in mid-September as key equity indices, including the Russian blue-chips, repeatedly swapped pluses with minuses and vice-versa as U.S. market regulators and leading world... |
Global equity turmoil causes panic on the Russian marketThe terms ‘volatility’ and ‘fragility’ as well as well ‘panic,’ ‘redemption packages,’ ‘uncertainty over who is next,’ ‘sacrificial lamb’ etc., became the most frequently heard words/phrases across major global stock exchanges in mid-September as key equity indices, including the Russian blue-chips... |
The global crisis and the Russian hospitality industryLouie Beck,the general manager of the Korston Hotel & Casino Moscow, talks about the impacts of the crisis on the Russiab hospitality industry... |
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Russia uses its robust economy to woo global investorsIn another pragmatic move after its victory in the ‘five-day Caucasian war,’... |
Impacts of the global crisis on the Russian banking industryOleg Vyugin, board chairman, MDM Bank, shares his view on the possible impacts of the crisis on the Russian banking industry... |
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The impacts of the global crisis on the Russian M&A marketTroika Dialog Group Chairman Ruben Vardanian talks on the possible impacts of the crisis... |
The Russian catering services marketA review of the Russian catering services market highlights major trends... |
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Ongoing reconstruction to transform Ukraine Hotel into a five-star propertyThe ongoing reconstruction of the Ukraine Hotel expected to be completed in 2010 will upgrade the property into a five-star asset... |
National completes the first stage of grandiose multiphase reconstructionNational Hotel has completed the renovation of its rooms at a cost of over $10mln in line with the general trends... |
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A new managing director to run AZIMUT Hotel St. PetersburgAlexei Dereglazov has been appointed the new general director of AZIMUT Hotel St. Petersburg, a 1,000 rooms facility... |
Analysis of Russian companies’ dividend policiesThe level of dividend payments is one of the basic factors used by investors... |
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Warring TNK-BP shareholders reach tentative agreement on terms for truceThe first signs that the fighting Russian and British shareholders in the TNK-BP oil joint venture are now tired from their exhaustively ugly public battles... |
Evroset co-owner interrogated over criminal cases against company employeesEvroset co-owner Yevgeny Chichvarkin was interrogated in September by the General Prosecutor’s Office Investigations Committee... |
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Russian consumer rights oversight agency to fight tobacco firms in courtThe ‘allergy’ of the Russian consumer rights oversight agency (Rospotrebnadzor) for the actions of tobacco corporations and their lobbyists, directed at drawing more Russians to... |
Top State Department official calls for patience in U.S. relations with RussiaAddressing the U.S. Senate’s Foreign Affairs Committee in September, William Burns, deputy U.S. State secretary and previously the U.S. ambassador to Moscow, said... |
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Foreign Ministry calls on the West to define their relations with SaakashviliAddressing the Foreign Affairs Committee of the Federation Council in September, Russian Foreign Affairs Minister Sergei Lavrov called on Russia’s Western partners... |
Antitrust Agency to increase limit of deals requiring permission to $400mlnThe Federal Antimonopoly Service (FAS) has proposed raising the size of deals requiring official clearance... |
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Western companies still intent on investing in Russia, despite Georgia conflictGoing by the opinions of the speakers at a London conference in September titled, Russia: Opportunities and Challenges... |
WB gives Russia high grades for its preparedness against crisis phenomenaThe World Bank (WB) sees the fundamentals of the Russian economy in exceptionally good shape... |
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Volume of Russia’s investments in U.S. mortgage banks shrinks to $30blnThe volume of investments in the bonds of battered U.S. mortgage corporations Fannie Mae, Freddie Mac and FHLB has decreased... |
PIK Group and Finservis Bank launch joint mortgage programThe PIK Group of Companies (PIK), one of the largest developers of residential real-estate properties in Russia, and Finservis Bank launched the Novostroika mortgage program... |
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C&W/S&R lures rival’s top executive to top marketing postCushman & Wakefield Stiles & Riabokobylko (C&W/S&R) has appointed Marina Galitskikh as the company’s new director for... |
Mirax Group to build educational and scientific center for Moscow Medical AcademyMirax Group Corp. celebrated in September the completion of the first phase of the development of the Ninth Campus of the Pharmaceutical Faculty... |
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Provision of top-quality website-design servicesKirill Vasiliev, the co-founder and CEO of IQB Group, talks about his company... |
Possible impacts of the global crisis on the Russian real-estate industryIvan Zavadsky, an analyst with Capital Investment Group, comments on the crisis and its probable consequences for the Russian real-estate industry... |