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Gazprom may participate in Cyprus shelf tender

Gazprom may participate in Cyprus shelf tender

February 10, 2012 - 17:09 AMT  13:09 GMT
Earlier, Cyprus President said that the country expected Russian energy firms would be interested in shelf development.
USD market average rate totals AMD 388,69 Feb 10

USD market average rate totals AMD 388,69 Feb 10

February 10, 2012 - 15:56 AMT  11:56 GMT
The market average rate of USD on February 10 totaled AMD 388,69 decreasing by 0.02 point compared to February 9.
Russia’s ex-finance minister predicts 2-3 more years of eurozone crisis

Russia’s ex-finance minister predicts 2-3 more years of eurozone crisis

February 10, 2012 - 14:02 AMT  10:02 GMT
As for gold, Kudrin wrote that it is overrated and gold prices might grow in the short-term but will decline after that.

Eurozone finance ministers give Greece ultimatum for new bailout

February 10, 2012 - 12:16 AMT  08:16 GMT
The eurozone will hold a new meeting Feb 15, if all conditions are met, Eurogroup chief Jean-Claude Juncker said.
Oil prices below $100 amid encouraging news on U.S. economy

Oil prices below $100 amid encouraging news on U.S. economy

February 10, 2012 - 10:14 AMT  06:14 GMT
Crude has bobbed around $100 for the last few months, buoyed by signs the United States' economy is improving.
PepsiCo cuts 8,700 jobs to boost market spending

PepsiCo cuts 8,700 jobs to boost market spending

February 9, 2012 - 18:33 AMT  14:33 GMT
The makers of Pepsi, Lipton, Doritos and Lay's, expect to save $1.5 bln and channel some of the money into advertising.

Vodafone revenues hit by eurozone crisis

February 9, 2012 - 18:29 AMT  14:29 GMT
Revenue from existing customers rose 0.9% in the final three months of 2011, compared with forecasts of 1.1%.
European Central Bank  retains 1% interest rate

European Central Bank retains 1% interest rate

February 9, 2012 - 18:27 AMT  14:27 GMT
The European Central Bank kept interest rates on hold and altered its assessment of risks to the economic outlook.

Daimler profits hit record 29% rise

February 9, 2012 - 17:49 AMT  13:49 GMT
Vehicle sales rose 11% to 2.11 mln, with Daimler saying that Mercedes had "never performed better than in 2011".

Air Canada reports C$80mln 4Q net loss

February 9, 2012 - 16:48 AMT  12:48 GMT
On a full year-basis, the company expects its system capacity to remain flat to rising 1.5 percent above 2011 levels.
USD market average rate totals AMD 388,71 Feb 9

USD market average rate totals AMD 388,71 Feb 9

February 9, 2012 - 16:07 AMT  12:07 GMT
The market average rate of USD totaled AMD 388,71 on Feb 9, increasing by 0.34 point compared to Feb 8.
Armenian govt finances purchase of electronic signatures

Armenian govt finances purchase of electronic signatures

February 9, 2012 - 15:00 AMT  11:00 GMT
On Feb. 9, Armenian government passed a decision to allocate AMD 10,5 mln. to government staff in 2012 first quarter.
U.S. travel agency sues Russia’s Aeroflot

U.S. travel agency sues Russia’s Aeroflot

February 9, 2012 - 14:56 AMT  10:56 GMT
Riviera refused to pay and then had to concede wholesale rights to Downtown Travel, although it retained rights to retail sales.

Rolls-Royce net profit jumps 57%

February 9, 2012 - 12:33 AMT  08:33 GMT
The 2011 earnings figure compared with profit after tax of £539 million in 2010, Rolls said in a results statement.

Greek leaders fail to agree on austerity cuts

February 9, 2012 - 12:02 AMT  08:02 GMT
"I leave for Brussels with hope that the Eurogroup will take a positive decision concerning the new aid plan," Venizelos said.
French-Russian venture to invest $30 bln in Caucasus tourism

French-Russian venture to invest $30 bln in Caucasus tourism

February 8, 2012 - 19:41 AMT  15:41 GMT
The money will go towards renovation of skiing and seaside resorts, and could create as many as 330,000 jobs in the territory.
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