A leading toy retailer owned by a major conglomerate in Russia has said that it has filed for permission from the central bank to list on the London Stock Exchange.

Finance Minister Anton Siluanov is certain the rouble exchange rate is bound to stabilize in the near future.

FGC UES filed an application for NWF funding of the BAM and Transsib projects.

The main source of financing of the investment program of “Federal Grid Company of Unified Energy System” OJSC will be the own funds of the company, the Chairman of the Management Board of FGC Andrey Murov said, these funds will primarily include tariff revenue, VAT recovery, as well as charges for technology connection to the UNPG.

“Gazprom” and “Lukoil” signed an agreement on cooperation in the prevention and relief of emergencies caused by spills of oil and oil products.

The Ministry of Finance developed amendments to the Tax Code providing for a new two-year tax holiday for small businesses.

Russian Railways, the national rail operator, is seeking much bigger investment into the upgrade of the BAM and Transsib Railways.

Former Finance Minister Alexey Kudrin may be appointed chairman of the Supervisory Board of the Moscow Stock Exchange.

Polyus Gold delays the launch of the Natalka plant until summer 2015 amid a negative trend on the gold market that saw prices going below $1,200 per ounce.