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Russia's economy is shriveling up, show statisticsThe ruble dropped below 64 rubles to the dollar for the first time since February. Currently, the ruble is trading at 64.17 per dollar.- Sensex@new high: 5 reasons why bears, not bulls, should be smilingThe Sensex today retreated from record high in trade as investors booked profits in recent outperformers, mainly capital goods and power st...
- PepsiCo announces $1bn investment in RussiaUS soft drink giant PepsiCo said Monday it would boost investment in Russia by one billion dollars, topping the list of US trade deals expe...
- Russia allows ruble to fall, stokes uncertaintyRussia's Central Bank eased its defense of the embattled ruble, which fell sharply and triggered a sell-off in stocks as the country faces ...
- Crisis threatens to burst Russia's property bubbleOnly a few months ago, billionaire Sergei Polonsky, the developer behind an array of gleaming Moscow skyscrapers, seemed invulnerable.
- Russia tries to raise oil productionHome to abundant oil reserves, Russia rarely worried about where the next barrel would come from, until now.
- Russia mulls poultry, pork import quota cutsRussia could cut poultry and pork import quotas by hundreds of thousands of tons, Agriculture Minister Alexei Gordeyev said on Wednesday, a...
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