ForbesOnline Media OutletLost independenceMaterialsInfoFound 62 materialsBy relevanceOldest firstNewest firstBy relevanceForbes·Feb 3, 2015Rosneft has changed the system for accounting for currency risks according to IFRSRosneft has changed the system for accounting for currency risks in reporting under IFRS, Interfax reported on Tuesday, citing a press release from the state-owned oil company. “Since October 1, 2014, Rosneft has adapted hedge accounting in accordance with IAS 39 standards in order to improve the relevance of the reflection and accuracy of the analysis of the effect of currency revaluations in the company’s financial statements,” the document says.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015The exchange rate of the dollar fell below 66 rublesThe dollar exchange rate during trading on the Moscow Exchange on Tuesday, February 3, fell below 66 rubles, reports Finanz.ru . Its minimum price during trading was 65.6 rubles. As of 17:22 Moscow time, the dollar exchange rate for Wednesday fell by 3.21% and was trading at 66.18 rubles. The exchange rate of the euro fell by 2.41% to 75.58 rubles. As Finanz.ru notes, the strengthening of the ruble against the currency occurred against the backdrop of rising prices for Brent oil.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015KAMAZ and Cognitive Technologies began developing a self-driving truckThe largest Russian manufacturer of trucks, KAMAZ, and the domestic software developer Cognitive Technologies have launched a project to develop an unmanned truck, told RBC. Olga Uskova, president of Cognitive Technologies, Uskova noted that a working model of the vehicle is planned to be created in June of this year; the potential volume of investments in the project, taking into account third-party investors, could amount to 12 billion rubles.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015"Naftogaz" paid an additional $107 million to "Gazprom" for deliveries in FebruaryGazprom received another $107.144 million in additional payments from the Ukrainian Naftogaz for gas supplies in February, Interfax reported on Tuesday, February 2, citing the press service of the Russian company. Taking into account the total volume of prepayment received and gas supplied to Ukraine, to date Naftogaz has paid Gazprom about 716 million cubic meters. m of future supplies.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015Google will develop a competitor to UberGoogle plans to create its own taxi service, which should become a competitor to the Uber application, Bloomberg reports , citing a source close to the board of directors of Uber on Tuesday, February 3. The agency's interlocutor clarified that Google intends to develop an application that will eventually become part of the corporation's strategy to create self-driving cars. The company expects the technology to take up to five years to implement.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015MTS will reduce prices for Apple products in its storesMTS is going to reduce prices on a number of Apple gadgets by more than 10% of their base cost, reported on Tuesday, February 3. the press service of the mobile operator The reduction will affect, in particular, a number of popular models of Apple smartphones, including iPhone 6, iPhone 6 Plus, iPhone 5s and 4s, as well as iPad Air 2, Air, mini 3, mini and mini with Retina display tablets.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015In the first quarter of 2015, anti-crisis measures will require 22 billion rublesThe government will spend 22 billion rubles from the budget on anti-crisis measures in the first quarter of 2015, two officials from the financial and economic bloc told the Vedomosti newspaper. First Deputy Prime Minister Igor Shuvalov clarified that these funds to implement the plan will be taken from the anti-crisis reserve, which currently contains 166 billion rubles.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015Prokhorov will join the board of directors of Bank Vozrozhdeniephoto TASS The billionaire was a longtime friend of the deceased bank founder Dmitry Orlov and considered him his teacher Billionaire Mikhail Prokhorov may join the board of directors of Bank Vozrozhdenie, RBC reported on Tuesday , citing informed sources. The issue of Prokhorov's candidacy will be considered at a meeting of the bank's board of directors on February 4.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015An appeal in defense of the accused of treason was received by the Kremlin administrationAn appeal in defense of Svetlana Davydova, arrested on charges of treason, signed by 40,000 people, was received by the Kremlin administration on Tuesday, February 3, Interfax reports, citing presidential press secretary Dmitry Peskov. “It will be looked into. There is an appropriate procedure for considering appeals,” Peskov said when asked whether the appeal will be considered personally by President Vladimir Putin.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015Crimean authorities explained the change of owner of RNKBThe Crimean government did not sell the Russian National Commercial Bank (RNCB), and its temporary transfer to the control of the executive branch was technical, the head of the Republic of Crimea Sergei Aksenov said on Tuesday. “It was not sold. The government did not buy or sell the bank,” the Interfax agency quoted him as saying. Aksenov explained that the bank was temporarily registered under the name of the Water of Crimea enterprise due to fear of sanctions.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015The Kremlin commented on the accusation of treason against a mother of many childrenThe Kremlin considers the case of Svetlana Davydova, a mother of many children from Vyazma, detained on charges of high treason, to be resonant, and will consider the public’s appeal in her defense as soon as it is received by the presidential administration, Vladimir Putin’s press secretary Dmitry Peskov told the Kommersant newspaper . “The situation is certainly resonant,” Peskov admitted. He assured that the Kremlin knows about her.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015The Prosecutor General's Office of Ukraine opened a criminal case against MTSThe Prosecutor General's Office of Ukraine opened a criminal case for unauthorized interference in the operation of the MTS Ukraine telecommunications network in Crimea, reported on Tuesday, February 3.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015The authorities are thinking about limiting markups on socially important goodsThe government is discussing the possibility of legislative restrictions on trade margins on socially important goods, RIA Novosti reports with reference to Deputy Prime Minister Arkady Dvorkovich on Tuesday, February 3. “We will look at how to more clearly spell out (the restrictions) in the legislation,” Dvorkovich told reporters.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015The head of the Samsung office in Russia was transferred to the headquarters in KoreaThe head of the Russian division of Samsung, Steve Lee, will head strategic marketing in the IT and mobile communications division at the headquarters of Samsung Electronics in Korea, the TASS agency reported on Tuesday , citing the press service of the Russian office. Lee began his new duties in February 2015. Steve Lee has headed the Russian office of Samsung since May 2014.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Feb 3, 2015Mechel's funds to pay off its debt to Sberbank were frozen in the USAMechel, controlled by businessman Igor Zyuzin , cannot service the Sberbank loan because money for the next interest payment was frozen in the United States, told Forbes on Tuesday. a source in the metallurgical company The money was frozen “for verification,” the source said, refusing to say at whose request and in what volume the funds were frozen. Previously, American banks had not blocked any payments from Mechel in dollars.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionPrevious12345NextShow more