Commonwealth Of Independent States News
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Luxoft Holding Inc., a Russian-backed software developer providing services to Deutsche Bank AG, UBS AG and Boeing Co., filed for an initial public offering in New York.
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Stada Arzneimittel AG, Germany’s biggest publicly traded generic-drug maker, climbed the most in 18 months after first-quarter sales rose more than estimated and the company reiterated its 2013 profit forecast.
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SpiceJet Ltd., the discount carrier controlled by billionaire Kalanithi Maran, will add flights to mainland China as trade expands between India and the world’s second-biggest economy amid intensifying competition at home.
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Trafigura Beheer BV hired former TNK-BP Vice President Jonathan Kollek in Moscow as the company expands its commodity-trading operations in Russia, according to two people with direct knowledge of the appointment.
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The coldest start ever to the wheat-growing season in Kansas and freezing weather across the southern Great Plains are compounding damage to U.S. crops already hurt by the worst drought since the 1930s.
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Crude oil exports from the Commonwealth of Independent States may drop 17 percent by 2040 as tight oil production in the U.S. soars, the Russian Academy of Sciences said in a presentation on its website.
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Jacques Begle and Philippe Steiner, formerly of BNP Paribas SA, are starting a company to help bridge a gap in loans for smaller commodity merchants after banks stepped up lending rules because of new regulations.
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Ceske Aerolinie AS, the Czech state carrier known as CSA, carried 7.5 percent fewer passengers in 2011 than in the previous year as it reduced operations amid operating losses.
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Russia sold $12.9 billion to about 60 nations last year, with total orders amounting to $37.3 billion, state-run Rosoboronexport arms trader said.
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Alstom SA, the French maker of turbines and trains, expects the market for power equipment in Russia and the Commonwealth of Independent States to reach as much as 13 billion euros ($17 billion) annually.
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