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Darren Staples/Reuters Like the mourning of the death of Dallas character Bobby Ewing, Marc Bolland's three-year Marks & Spencer transformation turned out to be silly plotline we're all embarrassed to have believed. Few will ever forget the shock
May 7, 2014 (Issue # 1809) Financially struggling Russian Railways will need major government support if thestate-run monopoly wishes tostay competitive with air andautomobile transportation, their long-term strategy stated.
I hope the further deepening of our economic partnership can facilitate the realisation of those steps set by the government of Greece to overcome the crisis, Lavrov said. There is mutual interest on both sides to reach agreements within the context
Russia sold a 16 per cent stake in state diamond miner Alrosa at the bottom of a planned price range on Monday, highlighting the lack of progress in a state privatisation drive that was supposed to net $13 billion this year. The $1.3 billion stake in
On Sept. 12, another Arab investor tentatively agreed to set foot in Russia, setting a record with his possible commitment of $5 billion. The emirate of Abu Dhabis Department of Finance will invest in a partnership with the Russian Direct Investment
September 7, 2013 (Issue # 1776) Private investors may soon get the opportunity to own parts of Russian Railways infrastructure, but the state monopoly will still retain the right to manage them. The government is currently working on changes to a
Russian Railways countered a claim made last week by Russian Post that the company occasionally uncouples rail cars containing mail, which, along with deficiencies in the work of other transportation companies, was the cause of recent postal delivery
A high-speed railway connecting Moscow with the Urals is the latest initiative. In autumn 2013 the Russian Government is due to consider the plan for HighSpeed Railway2, which will connect Moscow and the city of Ekaterinburg, in the heart of Urals.
State-run Russian Railways (RZhD) will conduct a roadshow to market it first euro-denominated Eurobond, a source in the banking sector told Reuters on Thursday. The company has picked Societe Generale, Natexis, RBS and VTB Capital as organisers of
The company hopes the project, which will be implemented by the Federal Passenger Company, a wholly-owned RZD subsidiary, will boost RZD's revenues and offset losses from its heavily subsidized passenger carriage business. "The Moscow-Kiev train has