On the threshold of London's IPO, Russian Helicopters company has chosen an unusual way to promote themselves. Russian company made a large advertisement in The Times newspaper, congratulating Prince William and Catherine Middleton on the occasion of their wedding.

Russia is going to suspend gasoline exports in May to saturate domestic market.

Matthias Warnig, managing director of Nord Stream, may join the board director of Rosneft, Russia's oil giant.

TNK-BP, Russia's third largest oil company in terms of reserves and crude oil production will lose about 450 million dollars due to the cancellation of benefits on the export of oil from Eastern Siberia.

German company Siemens has launched the production of the first 38 trains of total 54 on the base of Desiro electric trains.

Russia and Denmark have agreed to cooperate in the modernization of the industrial complex in Pikalyovo, Leningrad region. It is planned to invest over 200 million euros in the project.

The Russian Energy Ministry is going to ban the concessions for the access to the system of main pipelines of Transneft for oil companies. This might lead to the loss of the export capacity and may reduce the raw materials export from Russia.

Vladimir Antonov, Russian banker, entrepreneur and investor, which is ranked as number 182 among Russian millionaires, to buy English football club Portsmouth.

Swedish mobile operator Tele2 started to provide its services in Moscow region.

Ivan Kaspersky, the 20-year-old son of Russian software tycoon Yevgeny Kaspersky, was kidnapped on Tuesday on his way to work.