With Russian stocks taking a big hit during recent market volatility, Business RT spoke with Anastasia Kutsepalova from Otkritie Capital, about the options for bargain hunters looking to capitalize as well the risk of continued instability.

Russia has a long history of frictions between the writing community and the government. Fortunately, censorship is now a thing of the past, and freedom of discussion is the norm. Criticism of the authorities, however, cannot be seen as an objective in itself.

Prime Minister Putin was speaking about this at a conference of the Russian Book Union in...

The Afghan and NATO military have confiscated a batch of drugs worth $350mln from the rebels, representatives of the International Security Assistance Force reported on Wednesday.

This is the largest lot of drugs confiscated in Afghanistan after foreign troops were deployed in the country in 2001. The lot consisted of 100kg of heroin, 6,870 litres...

The Japanese ruling party is asking the government to sell the controlling interest of Japan Tobacco, the leading tobacco manufacturer, Bloomberg reports.

The money obtained from the privatisation will be channelled into the restoration of the economy after the March earthquake.  Experts estimate that Japanese authorities may get $24bln for the ...

Moscow is an absolute leader among European cities in the number of companies that are planning to open their offices here. These are the results of an enquiry carried out by a European rating agency. Experts believe that the process is stampeded by a lack of awareness of business opportunities in the Russian capital.

The enquiry was carried out in...

Greece’s exit from the eurozone will be a serious blow for Europe and will cost it  a lot, William Buiter from the Citigroup stated at the Istanbul Financial Forum on Wednesday.

He believes that even despite Greece’s debt troubles it should not leave the eurozone and its debt need reforms as the country’s economy will revive in two years.

The...

image from www.polymetal.ru

Russian precious metals producer, Polymetal, has posted a 1H 2011 net income of $151 million under IFRS.

The bottom line was up 77% year on year, with Adjusted EBITDA rising 32% to $249 from $188 million in 1H 2010, as revenues increased 29% to $545 million from $422 million posted a year earlier.

The Company said growing...

The EU's antitrust authorities have raided European offices of Gazprom and major customers over possible market abuse.

An investigation covering 10 countries includes Gazprom subsidiaries and partners – German energy groups RWE and EON and Austria’s OMV.

In a statement the European Commission said that possisble breaches of competition laws were...