Business Watch
The European Court of Human Rights has upheld the Pirate Bay co-founders' criminal conviction for aiding copyright infringement on the Internet, reads the ECHR press release published on Wednesday.
Major cyber security and IT market players revealed that Russian security services are able to tap Skype conversations, the Vedomosti newspaper reports.
In the fields of science and technology, India’s Integrated Long-term Programme of cooperation (ILTP) with Russia has proven to be exhaustive and effective. The programme, launched in 1987, led to generation of knowledge, products, and facilities through hundreds of joint projects. The development of India’s first indigenous oral polio vaccine is one of the significant accomplishments under ILTP, which has benefited millions of people. Support and training from Russia has been a key factor in the success of the vaccine production facility, Bharat Immunologicals and Biologicals Corporation Ltd, at Bulandshahr in Uttar Pradesh.
VimpelCom Ltd, which includes one of Russia's top three mobile operators VimpelCom, posted a US GAAP net profit of $801 million in the fourth quarter of 2012, after a net loss of $386 million a year earlier, the company said on Wednesday.
CTC Media Inc is set to rebound from its biggest monthly plunge since May on speculation the Russian television company will report record sales as its audience increases, according to UralSib Financial Corp.
American depositary receipts of CTC added 0.5 percent to $9.75 in New York yesterday, following a 9.4 percent tumble in February.
VimpelCom Ltd. (VIP)’s plan to expand operations to Canada risks increasing the debt level for Russia’s third-largest mobile phone company, OAO Alfa Bank said.