The U.S. spends $1 trillion per year on oil. That's 15% of take-home pay for everyone who pays taxes.

The contract for the construction, valued at 18 billion rubles, will be concluded soon.

FARNBOROUGH, July 14 (RIA Novosti) - Russia may launch a joint venture with China to continue the development of a new passenger airliner, MS-21, the head of a Russian state-run aviation corporation said on Monday. "We will come to a

A German company, facing international criticism, agreed to stop delivering bank note paper to the Reserve Bank of Zimbabwe. Critics claim the money helped prop up the government of President Robert Mugabe.

The highest rate of average wages was registered in the city of Kyiv at UAH 2,991 per month, a decrease of 1.8% from April.

Experts of the Agent 002 real estate agency conducted survey of cheap apartments in Moscow and found out that the cheapest one is located in the North-Eastern District of the capital, near to the VDNKh underground station.The apartment is located

The State railroad transport administration Ukrzaliznytza intends to put into operation two international trains in July.

On June 25, 2008, the Cabinet of Ministers of Ukraine obliged NAK "Naftogas" to supply cheap fuel to agrarians during the harvesting campaign, the profitability is not to exceed 10%. Thus, it's for the first time the Government of Yulia

The optimal traffic conditions will be created in the city.

A combination of corporate imperialism and institutional self-regard stops the broadcaster seeing where its future lies, argues Jeff Randall

Jobs cuts pending as BofA takes over.

ArmInfo. Russian-Armenian relations and cooperation may soften the influence of negative world phenomena on Armenia, President of the Union of Armenians of Russia Ara Abrahamyan says. He is sure that the very successful visit of Armenian president to Moscow was

Yesterday the "M&A-Intelligence" analytical group announced that the volume of "mergers and acquisitions" transactions with foreigners (made by Russian companies) amounted to 11.5 billion for the period January-May 2008. Most active (foreign) participants are organizations in metallurgy industry, oil and

AeroSvit press secretary Serhii Kutsyi told Ukrainian News.

Families will see their living standards fall for at least a year because of the credit crisis and soaring oil prices, the Bank of England has said.

Kiev - Ukrainian capitalmarkets continued a tailspin on Wednesday, losing almost 5 per cent ofvalue in another day of...

Our list is quite stable, despite the nation's turmoil.

As banks tighten up their lending criteria, footballers are pledging Rolexes and families are handing over heirlooms in exchange for a loan. Christina McLoughlin reports