All articles tagged "money"

Russia may have to borrow abroad, finance minister says Russia may have to borrow abroad, finance minister says

15 Apr, 04:06 PM 4 comments

Russia will take a big step forward in its economic growth by considering borrowing money from international markets to aid companies and state finances in a recession, Finance Minister Alexei Kurdin said on Tuesday.

Tags: money, loans, finance, crisis, budget

Russia's Gazprombank reports $2.41 billion loss in 2008 Russia's Gazprombank reports $2.41 billion loss in 2008

29 Apr, 12:21 PM 4 comments

Gazprombank, the banking arm of Russian state energy company Gazprom, reported a net loss of 60.1 billion rubles ($2.41 billion) for 2008, the first major Russian bank to report a loss last year.

Tags: Gazprombank, money, Gazprom,

US automotive giant Ford suspends production at Russian plant US automotive giant Ford suspends production at Russian plant

26 May, 10:30 PM

US automotive giant Ford on Monday said it had halted production at its Russian plant until June 5 in response to a slump in demand, a spokeswoman for the company said.

Tags: Russia, US, Ford, auto, money,

Russian steel giant announces $193.8 million net loss Russian steel giant announces $193.8 million net loss

2 Jun, 05:17 PM 14 comments

Novolipetsk steel declares a dramatic change in fortune, after its $617.7 million net profit of the year before

Tags: Russia, money, net loss, steal, Novolipetsk Steel,



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