Russian authorities are trying to settle a dispute with Telenor ASA by October involving the company’s purchase of a stake in VimpelCom Ltd., Vedomosti newspaper reported, citing Igor Artemyev, head of the Federal Anti-Monopoly Service.
Russia’s competition watchdog plans to fine four of the country’s largest oil producers for inflating diesel prices at the end of 2010 and beginning of 2011, RIA Novosti reported, citing Igor Artemyev, the head of the Federal Anti-Monopoly Service.
ICE Trust U.S. LLC, the world’s largest clearinghouse for credit-default swaps, withdrew its Nov. 12 application to the U.S. Commodity Futures Trading Commission to be registered as a designated clearing organization.
Kinross Gold Corp. , Canada’s third- largest producer of the precious metal, is nearing completion of a deal to buy the shares it doesn’t own in Russia’s Kupol mine, according to a government official.
Russia’s Federal Antimonopoly Service may propose legislation limiting price increases on the country’s oil product market, Igor Artemyev , the agency’s head, said today during a meeting with Prime Minister Vladimir Putin in St. Petersburg.