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Magnitogorsk, Russia News

Local news for Magnitogorsk, Russia continually updated from thousands of sources on the web.

Mar 12, 2014 | The Financial Mirror

Rouble devaluation positive for some, neutral for others

The effects on the credit profiles of Moody's rated Russian corporates would be positive to neutral under the scenario of a sustained 10% drop in the rouble to around RUB 36.5 per US dollar from RUB 33.2 at the start of 2014, Moody's Investors Service said in a special comment on Wednesday.

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Related Topix: World News, Russia, Asia,

Sun Feb 23, 2014

Bloomberg

Steel Joins Russian Love of Shopping Online as Sales Jump

Russians have embraced online commerce with orders of music, movies and jeans. Now, add to the shopping list items like pipes and rolled coil from the country's biggest steel producers.

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Related Topix: Asia, World News, Russia, China,

Sun Jan 26, 2014

Bloomberg

Phosagro's 31-Year-Old CEO Seeks to Make Mark by Giving Up India

OAO Phosagro's new Chief Executive Officer Andrey Guryev said, "There is no better motivation for a CEO than being a co-owner or participate in profit distribution."

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Related Topix: Russia, Asia, World News,

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