Rosneft's IPO Likely to Precede G8 Summit
By Stephen Boykewich
Staff Writer
The timing, on the eve of the July meeting in St. Petersburg, could have big political consequences.
Mittal Denies It May Lose Kryviy Plant
Bloomberg
Mittal said Thursday it was fulfilling its commitment to raise salaries at the Kryviy Rih steel mill and denied a report it was in danger of losing the plant.
Yekhanurov Pledges More Growth
Bloomberg
Ukraine, still without a coalition government almost two months after parliamentary elections, needs new economic policies to boost the country's growth and raise living standards, Ukrainian Prime Minister Yuriy Yekhanurov said.
Costs Push Mechel Profit Down 72%
Bloomberg
Metals and mining group Mechel said profit fell 72 percent in 2005, more than expected, as steel prices declined and raw materials costs rose.
RTS Slide Is Longest in 2 Years
Bloomberg
Russian stocks slumped Thursday, with the RTS posting the longest losing streak in two years. LUKoil and Surgutneftegaz led a drop by energy producers.