The Banker Magazine has named Sberbank as its Bank of the Year for 2012 in its annual Awards ceremony.

State Duma deputies intend to set the maximum fee of 100 rubles in their bill on keeping the mobile number with the change of the operator, this fee will count as the commission for such an operation, according to the words of the Vice-Speaker of the State Duma, one of the authors of the bill, Sergei Zheleznyak.

Print and online media will lose about 4-5 percent of their annual income in case of a total ban on alcohol and tobacco advertising.

Russia’s Alrosa diamond producer is stepping up its cooperation with Tiffany, expected to agree on a $60 million deal by November's end. Click to get more details.

Breweries will not be able to produce their products legally beginning from January 1, 2013, as far as Federal Service for Alcohol Market Regulation has not prepared any order regulating the installation of meters that would control output volumes.

The City of Moscow will pay out $100 million to the Moscow Region for its new territories.

Roaming charges will no longer function as of summer 2013. Russian mobile operators agreed to adopt a single tariff that will be effective throughout the country.

New eco-friendly broadcasting station will have been built in Samara by the beginning of the 2018 FIFA World Cup.

One of the leading events in the Internet Marketing industry in Russia, Optimization-2012 conference takes place in Moscow on November 22-23, 2012.

Russia and Georgia are ready to solve the issue of returning Georgian wine into the Russian market practically, said the First Deputy Minister of Foreign Affairs Andrey Denisov. The supply of Georgian wine into Russia was banned in 2006.