There are no prospects for resuming the deal between Rosneft and BP. This opinion was expressed today at a meeting with journalists by Russian Energy Minister Sergei Shmatko. "There are no prospects for reviving this deal," he said. According to him, "the Russian government did not interfere in the negotiation process between the parties." Although the deal itself, according to the minister, was beneficial for Russia.

An inspection conducted at a Lipetsk military unit, where an officer reported corruption among the command, confirmed the presence of violations in the unit; the issue of initiating a criminal case is currently being decided, the Defense Ministry reported on Monday. "During the inspection, the commission uncovered facts of illegal actions by a number of officials at the center," the report says.

About 10 trillion rubles will be needed to repair the housing stock and modernize the structure of the housing and utilities sector in Russia. This data was cited today by Russian Prime Minister Vladimir Putin at a meeting with representatives of Pskov regional public organizations in the reception room of the chairman of United Russia.

A. Makhonin The result of the investigation initiated by President Dmitry Medvedev in connection with the loss of three Glonass-M satellites in December 2010 was the initiation of a criminal case under Article 293 of the Criminal Code of the Russian Federation (negligence), the Prosecutor General's Office reported today on its official website.

Three of us to Siberia Megafon , MTS and VimpelCom are jointly building a fiber-optic communication line on the Amur highway (Krasnoyarsk – Khabarovsk), Megafon reported. Each operator is building its own segment of the network, the total length of which will be over 5,200 km. The network will be put into operation in the first half of 2012 and will become the basis for providing services to clients of all three companies in Eastern Siberia and the Far East.

One of Russia's largest metallurgical companies, Severstal, is discussing the terms of a $5 billion syndicated loan with banks, possibly to buy the Raspadskaya coal company, a banking source told Reuters. "We are talking about a loan for the purchase, but the company has not yet made an official offer to banks to participate in the loan," he said.

Coupons from Khalyavina The creator of Professionals.ru, Nikita Khalyavin, says he has started a new project – a social network for consumers. In this network, users indicate their addresses, preferences, clothing sizes, routes and receive offers for purchases with a discount. The social network acts as an intermediary: it promises sellers to bring customers in exchange for a discount, and itself earns money by selling coupons.

"Managers of the regional office are more familiar with the specifics of local online advertising, the office will hold seminars for clients and partners," says Tretyakova. " Opening sales offices in the regions is a logical path of development, this is where the main growth of Internet penetration is now - and, as a result, the interest of companies in online promotion is seriously increasing," says vice president and commercial director of Mail.Ru Group Alexey Katkov.

The Prime Minister of the Russian Federation, leader of the United Russia party, Vladimir Putin, does not see anything reprehensible in the fact that other associations are being created in parallel with his All-Russian People's Front, but does not believe that they can become a serious political force. On Monday, at a meeting between Putin and representatives of regional public associations, writer Valentin Kurbatov condemned the creation of their popular fronts by Mironov and Zyuganov.

Russia's largest internet search engine Yandex raised its share price range ahead of the closing of the order book for its IPO to be listed on Nasdaq to $24-25 from $20-22, a source close to the placement told Reuters. The range increase was expected at the end of last week due to high demand. The initial range was set to raise up to $1.1 billion. Yandex NV, a company registered in the Netherlands, and other Yandex shareholders will offer investors 52.2 million Class A shares.

But even after the change of shareholder, Petr Aven will remain co-chairman of the board of directors of CTC Media – as a representative of Telcrest, follows from the companies’ statement. Analysts interviewed by Vedomosti did not recall other cases when a shareholder’s representative remained on the company’s board of directors after the sale of shares. The period for which Aven will remain is not specified in the statement.

Thanks to expensive oil, exporters received high incomes last month, but did not repatriate or convert part of the proceeds, fearing that they would contribute to the strengthening of the ruble and, accordingly, increase their costs, believes Evgeny Gavrilenkov from Troika Dialog.

One of the world's largest electronics makers, Japan's Sony Corp., has cut its forecast for the 2010-2011 fiscal year ended March 31 to a loss of 260 billion yen ($3.2 billion) from a net profit of 70 billion yen ($860 million) expected in February, the company said in a press release. Sony will publish its financial report for the 2010-2011 fiscal year on Thursday, May 26.

President Dmitry Medvedev believes it is necessary to equip all buildings under construction with video surveillance cameras. He expressed this opinion today during a visit to the Main Directorate of Internal Affairs of the City of Moscow. "This should be included in the standard [for the construction of new buildings]," the head of state said after listening to a report on how many surveillance cameras have already been installed in Moscow buildings.