Sovereign funds and Chinese ban...
Source: Qatar English Daily
Sochi :: Russia | updated 2013-05-22 17:03:25 -0700 | business-news
The sovereign wealth funds of Qatar, Norway and Azerbaijan and China Construction Bank have bought about 55 percent of the new shares on offer from VTB, Russia's second-largest bank, it said yesterday. VTB said it has completed its 102.5bn ($3.3bn)...
Russian Tycoons And State-Controlled Companies Are Footing The Bill For The Most Expensive Olympics ...
Source: BusinessInsider
Sochi :: Russia | updated 2013-05-21 09:57:36 -0700 | business-news
Russia (AP) The cost of the 2014 Winter Games in the Russian city of Sochi now stands at $51 billion, making it the most expensive Olympics in history. More than half of the bill is being footed by Russian state-controlled...
Accor Hotels snow how to be ‘Queen' of Winter Games NZ
Source: Scoop
Sochi :: Russia | updated 2013-05-20 20:49:57 -0700 | business-news
Accor Hotels snow how to be Queen' of Winter Games NZ Accor's four hotels in Queenstown Sofitel Queenstown Hotel & Spa, Hotel St Moritz MGallery Collection, Novotel Queenstown Lakeside and Mercure Queenstown Resort have become the official accommodation providers of...
NBC's $800M Ad Haul for 2014 Winter Games Might not Include A-B InBev
Source: Ad Age
Sochi :: Russia | updated 2013-05-15 21:27:05 -0700 | business-news
Sponsors A-B InBev, Hilton Holding Out Coke, AT&T and GM already signed up for Sochi coverage; A-B InBev's Chibe says TV not only game in town. ... Become an Ad Age Subscriber Ad Age is committed to providing you with...
Axed Russian Winter Olympics Official Claims He's Been Poisoned
Source: BusinessInsider
Sochi :: Russia | updated 2013-04-28 09:36:33 -0700 | business-news
AP Sochi preparations have been plagued by things such as lack of snow. Akhmed Bilalov, fired as deputy head of the Russian Olympic Committee in February, said on Saturday that doctors had discovered elevated mercury levels in his blood. He...
Putin sounds the alarm on threadbare Russian economy
Source: The Globe & Mail
Sochi :: Russia | updated 2013-04-23 02:14:35 -0700 | business-news
Citing alarming signals of an economy slowing to a crawl, Russian President Vladimir Putin is reversing course and calling for fiscal stimulus to boost investment and arrest the slide. I expect specific proposals for measures that would help us ensure...
Central Bank of Russia is to further cut interest rates
Source: Russia Today
Sochi :: Russia | updated 2013-04-22 09:29:56 -0700 | business-news
This decision follows an April 2 memorandum by the board of directors to reduced the benchmark interest rate from 8.25% to 8% for more lengthy financing periods. The new rate will lower borrowing costs and hopefully improve growth, as Russia...
Russia has recession ‘safety blanket' - Putin
Source: Russia Today
Sochi :: Russia | updated 2013-04-22 09:29:53 -0700 | business-news
Putin There are hints of a global economic downturn, but the Russian Federation has a safety blanket', Putin told government officials in Sochi. President Putin has challenged government officials to come up with new measures to protect Russia from global...
Russia warned about high costs for 2018 World Cup
Source: Turks and Caicos Free Press
Sochi :: Russia | updated 2013-04-17 12:22:02 -0700 | business-news
Tweet Russia 's local governments, however, have put the total cost for the 2018 World Cup at up to $43 billion, which includes new metro lines, roads, airports and utility upgrades. But for most of them, "slowing economic growth, material...
Private sector takes lead in Russian winter games
Source: The Independent
Sochi :: Russia | updated 2011-06-11 15:51:26 -0700 | sports-news
Investment in the $7.8bn construction programme for the 2014 Winter Olympics in Sochi, Russia, will come mostly from the private sector, says the games' chief organiser. Dmitry Chernyshenko said that Sochi had expected investment to be split evenly between private...
Russia's Aeroflot to buy 8 Boeing airliners
Source: Chicago Tribune
Moscow :: Russia | updated 2011-05-10 10:19:05 -0700 | political-news
Vice President Joe Biden smiles during the signing of a contract between Boeing and Aeroflot, March 9, 2011. (Alexander Nemenov/AFP/Getty Images) Russian flagship airline Aeroflot said on Wednesday it had signed a firm order to buy eight Boeing 777s, in...
Row over Russia winter Olympics mascots
Source: Sydney Morning Herald
Sochi :: Russia | updated 2011-05-02 06:56:45 -0700 | entertainment-news
a cute-looking snow leopard, polar bear and hare -- by popular vote in a seemingly innocent television show late Saturday that aimed to choose a people's mascot. Eyebrows were first raised when the initial favourite to win the most votes...
Overcoming hurdles
Source: BBC
Sochi :: Russia | updated 2010-10-20 01:24:14 -0700 | sports-news
His team is having to help transform the Black Sea resort of Sochi, and its surrounding area, into a wintersports arena. It means the construction of a new winter community in the North Caucasus mountains, the construction of 300 kilometres...
Seaside Resorts from Anapa to Sochi on Yandex
Posted by: lark7t7
Sochi :: Russia | updated 2012-03-20 22:06:03 -0700 | business-news
Internet, July 12, 2010. Yandex users can now travel to the seaside in Russia’s Krasnodar Krai in the blink of an eye. Yandex.Maps offers panoramic images of resort towns on the coast of the Black Sea from Anapa to Sochi...
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