Latest St Petersburg (Russia) News
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Blavatnik may buy stake in Russian mobile retailer-report
MOSCOW | Mon May 20, 2013 4:26am EDT MOSCOW May 20 (Reuters) - Billionaire American industrialist Leonard Blavatnik may buy a stake in Russian mobile phone retailer Svyaznoy for $200 million, Russia's business daily Vedomosti reported on Monday, citing a source close to one of the retailer's shareholders. The Odessa-born tycoon is founder and chairman of Access Industries, ...
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The Russian investment paradox
Policy concerns remain despite news that Russia’s international investment flows reached record levels in 2007, according to a new report by the Organisation for Economic Co-operation and Development (OECD). Russia had foreign direct investment inflows of US$52bn and US$46bn was invested by Russian firms abroad in 2007, but the ...
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International Campaign to Ban Landmines Condemns Russian Use of Cluster Munitions in Georgia
ICBL Condemns Russian Use of Cluster Munitions in Georgia August 15 - The International Campaign to Ban Landmines (ICBL) strongly condemned Russia today for the use of cluster bombs in Georgia which resulted in at least 11 civilians being killed and dozens injured. Evidence of cluster munitions use by Russia was revealed by ICBL member Human Rights Watch in a press release issued ...
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Russian TU-154 plane aborts flight due to malfunctions
A TU-154 passenger plane aborted a take-off in the southern Russian city of Krasnodar due to gear malfunction Thursday, local media reported.A crew of the plane, which belongs to the Gazpromavia airline, reported a malfunction in the craft's gear while on the runway.There were 142 passengers onboard and none was hurt, reported Interfax news agency.The plane remained on the runway where the ...
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Russia S.Korea Singapore sign nanotechnology cooperation deal
Russia, South Korea and Singapore signed a cooperation deal on developing nanotechnology Thursday.A memorandum of understanding signed Thursday on the sidelines of the 2011 St. Petersburg International Economic Forum broadens investment in the Asia Nanotechnology Fund, which was set up last September by the Russian Corporation of Nanotechnology (RUSNANO), the Singaporean Economic Development ...
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Russias Mission Control raises ISS by 10.2 km
Russia's Mission Control announced on Wednesday it had raised the International Space Station (ISS) by 10.2 km to 374.7 km with the help of the Europe's ATV-2 Johannes Kepler.The Mission Control conducted the correction to the ISS at 19: 55 Moscow time (1555 GMT) by the boosters of the ATV-2 Johannes Kepler. The correction had lasted for some 40 minutes.According to the Mission ...
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Full text of joint communique of Russian Indian Chinese foreign ministers meeting
MOSCOW, April 14 (Xinhua) -- The foreign ministers of the Russian Federation, the Republic of India and the People's Republic of China issued a joint communique Friday after wrapping up their 11th meeting here.The following is the full text of the document:JOINT COMMUNIQUE of the Eleventh Meeting of the Foreign Ministers of the Russian Federation, the Republic of India and the People's ...
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Russian winemakers to present products at London International Wine Fair
LONDON, May 20 (Itar-Tass) - Russian wine companies will present their products at the London International Wine Fair 2013 that is opening on Monday. It will last until May ...
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Russian oligarchs foot most of 2014 Sochi Olympics
SOCHI, Russia (AP) -- The mountains of Sochi are now home to Potanin's slope, Gazprom's gondola lift and Sberbank's ski jump. The nicknames used by locals and an army of construction workers leave no doubt about who is paying for the 2014 Winter Games: Russia's business ...
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U.S. Seeks More Time to Indict Boston Suspect
BOSTON - U.S. prosecutors are seeking more time to indict Boston Marathon bombing suspect Dzhokhar Tsarnaev. Prosecutors said they will not indict Tsarnaev within the 30-day period prescribed by the Federal Speedy Trial Act. Sunday marked 30 days since the ethnic Chechen was arrested following the April 15 bombings that killed three people and injured more than 260. Prosecutors didn't ...
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British Inquest Into Litvinenkos Death May Be Scrapped
LONDON - Britain's long-delayed inquest into the death by radioactive poisoning of former FSB officer Alexander Litvinenko could be abandoned after the coroner partly upheld a British government request to withhold crucial evidence. Robert Owen, a senior judge acting as coroner, said that keeping some of the evidence secret would make it impossible to hold a "full, fair and fearless ...
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UPDATE 1-Russian steelmaker Severstal sees flat results in second quarter
Mon May 20, 2013 2:41am EDT * Q1 net profit down 90 pct at $44 mln vs f'cast $69 mln * Uncertain global outlook to weigh - CEO * EBITDA down 25 percent to $425 million * Revenue down 10 percent at $3.32 billion (Adds outlook, background, quote) MOSCOW, May 20 (Reuters) - Severstal, Russia's second-biggest steel producer, said on Monday profit would be flat in the second quarter of 2013 ...
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U.S. Italian inspectors to fly observation mission over Russia
U.S. and Italian military inspectors this week will conduct observation flights over Russian territory under the Open Skies Treaty, officials said Monday. An Italian Lockheed Martin C-130J Super Hercules military transport aircraft with surveillance equipment certified internationally and approved by Russia will fly over the country May 20-24, RIA Novosti quoted Russian Defense Ministry ...
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Half the mice on space ark survive a month in orbit – all the lizards do
Vladimir Sychov, deputy director of the Institute of Medical and Biological Problems and the lead researcher for the Bion-M project, talks to reporters Sunday while others examine the "space ark" capsule in the ...
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6.4-magnitude quake hits east coast of Russias Kamchatka
A 6.4-magnitude earthquake jolted the sea area off the east coast of Russia's Kamchatka Peninsula on Monday, according to Itar-Tass reports.The quake occurred at 6:44 a.m. local time on Monday (1944 GMT Sunday), according to the Kamchatka branch of the Geophysical Service of the Russian Academy of Sciences.The epicenter, at a depth of 40 km, is 174 km east ofPetropavlovsk-Kamchatsky.Tremors ...
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CORRECTED-S.Africas Barloworld boosts H1 profit Russia unit robust
Mon May 20, 2013 2:37am EDT (Corrects day of the week) * Headline EPS at 321 cents vs 245 cents * Revenue up 11 percent at 31.3 billion rand JOHANNESBURG, May 20 (Reuters) - South African industrial group Barloworld Ltd boosted first-half profit by a third on Monday, as a solid result in its Russian mining equipment business offset slack demand at home. Barloworld, which also sells cars and ...
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Gas Explosion in Moscow Kills One
A man died after a domestic gas explosion blew him through the window of his seventh-floor apartment on Sunday night. The explosion in the 12-storey apartment block on 7 Nagornaya Ulitsa shattered the apartment's windows and damaged two internal walls, Interfax reported. The blast caused no fire, but the building's tenants all had to be evacuated. No serious structural damage to ...
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US diplomat leaves Russia
Russian television says a US diplomat at the centre of a spying row has left Moscow. Ryan Fogle was given five days to leave Russia after allegedly trying to recruit an intelligence officer as an informer. The US state department has confirmed the ...
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Twelve out of 32 woodland fires put out in Russian Far East
VLADIVOSTOK, May 20 (Itar-Tass) - A total of 32 woodland fires have been fixed in Russia’s Far East over the past 24 hours, and 12 of them have already been put out, the press service of the regional forestry department reports on ...
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Putin to Meet With Council of Europe Head
Vladimir Putin will on Monday meet with Council of Europe Secretary General Thorbjorn Jagland, the Kremlin said. Jagland arrived in Russia on a three-day working visit on Sunday. The visit's program will start Monday when the Council of Europe chief meets with Foreign ...
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U.S. Italian Inspectors to Fly Over Russia
Military inspectors from the United States and Italy will carry out observation flights over Russian territory this week under the international Open Skies Treaty, the Defense Ministry said Monday. The experts will fly over Russia on May 20-24 on board an Italian Lockheed Martin C-130J Super Hercules military transport aircraft, and will use surveillance equipment certified internationally and ...
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Today in History May 20
Sergei Dorokhovsky / Wikicommons Smoke rising over the Volga River in Nizhny Novgorod. Happy Volga Day! All Volga regions mark May 20 to attract the attention of the authorities and the public to the problem of the conservation of the Volga River, which is 3,700 kilometers long and whose basin occupies 8 percent of ...
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100 Russian travel agencies invited to explore Hainan tourism market
According to the deputy director of Hainan tourism association Zhang Tiejun, as the only tropical tourism island in China, Hainan will invite 100 Russian travel agencies to explore the tourism market this year. In recent years, Hainan Island has been one of the most popular tourism destinations amongst Russian tourists for its warm winter, spectacular tropical seascapes all year round, ...
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Obama Putin discuss Syria agree to meet in Russia
U.S. President Barack Obama and his Russian counterpart Vladimir Putin on Monday discussed the protracted conflict in Syria and agreed to have a summit in Russia in September. In a phone conversation, the two leaders discussed the situation in Syria, where the conflict has entered its third year and killed more than 70,000 people, the White House said in a statement. Obama underscored his ...
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Russia Japan try to bridge gaps on thorny issues
MOSCOW, April 29 (Xinhua) -- Russia and Japan managed to move their positions closer on certain issues, pledging to speed up talks on reaching a peace treaty for the first time since the end of WWII, as leaders of the two countries met here on Monday. Following his talks with visiting Japanese Prime Minister Shinzo Abe, Russian President Vladimir Putin told reporters that they have instructed ...
St Petersburg Focus
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New business centre in St Petersburg remains contraversial
Okhta Centre has become one of the most contentious development projects in all of Russia. It is a project that offers St Petersburg two options that can’t be matched, either to embrace the modern world and allow a world-class business centre to be built, or maintain the city’s historic skyline, architecture and reputation as a major tourist destination with huge historical significance.
Before 2007, Okhta Centre was called Gazprom City and was promoted as such in Russian and St Petersburg news media, but from the start the project was a contentious issue, due primarily to the fact that the development calls for a massive tower to be built in its centre, a tower that will be the tallest in Europe and one of the largest in the world. Read more
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