New monthly magazine LaYalina popular in the UAE, Kuwait, Syria and several other countries will be published in Russia.

Gazprom is prepared to adjust the budget and the investing program in 2009: the Russian gas monopolist plans to implement only economically feasible projects, if oil prices plunge to $25 per barrel.

French Carrefour Group, a largest retail chain in Europe, eyes buying Russian retailer Seventh Continent.

The preliminary amount of investments Russia is prepared to put into building of the first Turkish nuclear power plant is up to $7 billion.

SuperJet International focusing on marketing and post-sales support for Superjet 100, new Russian fly-by-wire regional jets, opened an office in Washington DC.

The financial turmoil hammered the restaurant business in lots of countries including Russia. The owners of expensive restaurants have to change their menu to attract hungry visitors. “Anti-crisis menu” containing simple courses for small money – 40-60 rubles for a lunch - will be the hit of 2008.

A stake in Russian AvtoVaz, acquired by Renault in 2008 was the worst way to invest money, analysts of the company admit. At the same time Renault’s stakes in Japanese Nissan and Swedish AB Volvo brought profits to the company.

Sakhalin Energy, the operator of Sakhalin II project, launched the first Russian LNG plant in Sakhalin.

The Walt Disney Company is holding talks on acquisition of OOO Star Media, which runs Zvezdi.ru, the Russian most popular website covering international show business.

Norilsk Nickel International has mothballed two nickel-producing enterprises, Black Swan and Lake Johnston, located in Western Australia, the press service of Norilsk Nickel reports.