Russia"s aluminum giant RusAl said on Tuesday...

Russia"s aluminum giant RusAl said on Tuesday it had appointed two Hong Kong representatives as independent directors to its board of directors as the company was preparing an initial public offering (IPO) on the Asian trading floor.

MOSCOW, September 27 (RIA Novosti) -- Russian...

MOSCOW, September 27 (RIA Novosti) -- Russian President Vladimir Putin said Tuesday that the presence of major global car manufacturers would help develop the domestic auto industry. Speaking on live television and radio, Putin said: "Many foreign companies, such as BMW and some Asian manufacturers, have already arrived on the Russian market and we are holding negotiations with Volkswagen and Mercedes." Russia, however, he said, had to create the appropriate conditions for these companies to enter the domestic market. "The government has recently taken a number of steps that have prompted a varied response," Putin said. "These steps must be balanced...in order to avoid a negative impact on consumers." In spring 2005, the government adopted a decision to assemble foreign cars in Russia and, consequently, lowered import tariffs on foreign car parts.

Swedish cross country skiers brought their...

Swedish cross country skiers brought their country fourth gold of the Winter Olympic Games in Vancouver after winning in men"s 4x10 km Relay Classic.