Aug 28. In global petroleum market headlines, oil prices spiked to near USD 119 a barrel Thursday in Asia on fears that Tropical Storm Gustav could strengthen on its way toward crude and natural ga>>>

 Aug 27. In June 2008, sales of new houses in the US grew by 2.4% on the previous month, with account for seasonal factors, to 515,000 units. >>>

 Aug 27. The Russian Bank for Development (RBD) will stop managing Russia's external debt only when Eurobonds come under its service, >>>

 Aug 27. The consolidated revenue of the Dixy group in January-July 2008 was USD 1.31 billion, which is 48% up on last year. >>>

 Aug 27. At a meeting with Russian Deputy Prime Minister Sergei Ivanov on August 7 Russian coal companies were instructed to make priority deliveries inside the country this year, >>>

 Aug 27. The PIK group more than doubled its y-o-y cash flow for 1H 2008 to USD 1.263 trillion from USD 611 million, mainly due to the realization of residential property projects, >>>

 Aug 27. The volume of federal budgetary funds placed on bank deposits at Tuesday's auction amounted to RUB 21.1 bn within a maximum offering of RUB 100 bn. >>>

 Aug 27. In global petroleum market headlines, oil prices jumped Tuesday as Hurricane Gustav struck Haiti, raising concerns that the storm could slam into major oil operations in the Gulf of Mexico.>>>

 Aug 26. VAT reduction to 12-13% would result in a drop in tax receipts by 1.1-1.3% of GDP>>>

 Aug 26. The Energy Ministry and System Operator has worked out a program to reduce risks of peak loads in the national utilities industry in autumn-winter, >>>

 Aug 26. The Russian Ministry of Transport has submitted to the Federal Property Management Agency (Rosimushchestvo) proposals to renew the board of directors of Aeroflot-Russian Airlines, including>>>

 Aug 26. The Moscow Arbitration Court (MAC) is to hold a hearing on August 28 in the lawsuit filed by Mikhail Prokhorov against Vladimir Potanin>>>

 Aug 26. A committee of the Federal Antimonopoly Service has upheld a claim filed by Mosenergo (TGK-3) against the Moscow government, MOEK and Moscow Heat Distribution Company on Monday, >>>

 Aug 26. Fitch has confirmed Severstal's long-term issuer default rating (IDR) at BB, short-term IDR at B and national long-term rating at AA-(rus). >>>

 Aug 26. In global petroleum market headlines, oil prices ended a choppy session slightly higher Monday, edging back above USD 115 a barrel after Tropical Storm Gustav formed in the Caribbean.>>>

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