The Moscow City Court has upheld the arrest of Vladimir Podrezov, a roofer from St. Petersburg, who is involved in a case of painting a star on the spire of a high-rise building on Kotelnicheskaya Embankment in the colors of the Ukrainian flag. On August 29, the Tagansky Court of Moscow arrested the 19-year-old St. Petersburg resident until October 19. The city court's appellate board reviewed the appeal of Podrezov's defense and found no grounds for satisfying it, TASS reports.

The Latvian dairy company Food Union, which was created in 2011 by one of the founders of Unimilk, Andrey Beskhmelnitsky, will buy the division of the Estonian company Premia Foods for ice cream and frozen food production in the Baltics and Russia for 27 million euros. As TASS was informed by the press service of Food Union, the agreement on the deal was concluded on October 6. The meeting of shareholders of Premia Foods may consider it on October 27.

06 October 2014, 09:49 / Finance The World Bank has cut its forecast for Chinese economic growth this year to 7.4% undefined Vedomosti The World Bank has lowered its forecast for China's GDP growth this year to 7.4%, in 2015 to 7.2%, and in 2016 to 7.1%. Previously, the bank's experts expected that the Chinese economy would grow by 7.6% this year and then add 7.5% to GDP over the next two years.

AP Hilton Worldwide Holdings Inc., the world's largest publicly traded hotelier, has agreed to sell the Waldorf Astoria luxury hotel in Manhattan to Chinese insurer Anbang Insurance Group Co. for $1.95 billion. It's one of the most expensive deals in hotel history, and the price per room is also one of the largest in the U.S., MarketWatch notes. The hotel has 1,232 rooms, meaning Anbang valued each room at about $1.5 million. It is the largest deal by a Chinese company in the U.S. to date.

The Public Chamber (PC) intends to propose to the government to grant the Federal Drug Control Service (FDCS) the right to block the electronic accounts of drug dealers without a court decision and to reduce the minimum amount of an anonymous transfer on the Internet from 15,000 to 1,000 rubles, Izvestia writes , citing a member of the PC commission on health protection, Sultan Khamzaev.

Russia is the world's second-largest natural gas producer after the United States, producing 19.2% of the world's total, according to the annual World Oil and Gas Review report prepared by Italian energy company Eni. Production as of December 31, 2013 in Russia increased by 2% compared to the end of 2012, to 657.66 billion cubic meters, Eni calculated. In the US, production amounted to 673.51 billion cubic meters (19.7% of global production).

At each stage of production, movement and sale of batches of domestic agricultural products, there are excessive, completely unjustified costs, which our foreign competitors are spared. The competitiveness of our agricultural producers has been sharply reduced even without taking into account the impact of climate and the difference in the level of state support, and many food products are noticeably more expensive than in stores in Europe or America.

The Rollman Group of Companies, a filter manufacturer, is creating a chain of construction hypermarkets called Slon in the format of “Everything for Everyone,” its representative told Vedomosti. He explains the decision to diversify by the decline in the profitability of the core business; the company estimates the profitability of DIY retail at 20%.

06 October 2014, 03:38 / Finance China wants to limit local government debt Gabriel Wildau The Chinese government has tightened the conditions for loans to local governments: they will have to obtain approval from the National People's Congress. Quotas for raising funds have not been named, but the level of debt will become a “strict criterion” for officials’ assessment. According to official data, in mid-2013 the debt of local authorities reached 17.9 trillion yuan ($3 trillion).

06 October 2014, 14:29 / Finance House arrest of Yevtushenkov and the stock exchange: how AFK Sistema was sold Shares of one of the largest companies in Russia fell almost threefold in price in a month Alexander Polivanov Evgeny Razumny / Vedomosti Shares of AFK Sistema in September became one of the leaders of the fall on the Russian stock market. If on September 1 they cost 36.7 rubles, then on October 1 - 13.66 rubles. (decrease by 62.8%).

Valeri Karpin may leave his post as head coach of the Mallorca club, Sports.ru reports . The club's management may make such a decision as early as October 6 at an emergency meeting, Mallorca Confidencial reports. The publication's source believes that Karpin will be able to keep his post only thanks to a high penalty amount. On October 5, the club's general manager Dudu Awat resigned, having invited Karpin to take over as head coach.

The first owner demolished the building and mortgaged the land to the bank / E. Egorov / Vedomosti One of the bidders for the right to implement the project on Voskresenskaya Embankment (former Robespierre Embankment), 32, OOO Repa i Ko filed a claim with the Arbitration Court of St. Petersburg and the Leningrad Region against the Russian Auction House (RAD), the First Project Company (PPK), its bankruptcy trustee Vladimir Dvoryashin, and the winner of the bidding, OOO Sadovoye Koltso.

The creation of a single company for advertising sales by the largest Russian media holdings is an example of effective business in a country with an authoritarian regime and the presence of external political threats. As it became known on Friday, Gazprom-Media, VGTRK, Channel One, and National Media Group will sell advertising under the Vi brand (formerly Video International). The new company (presumably called NVi) will control more than 80% of TV advertising in the country.

President Vladimir Putin signed amendments to the federal law "On meetings, rallies, demonstrations, marches and pickets." According to the amendments being made to Article 9 of the law, “a public event cannot begin earlier than 7:00 a.m. or end later than 10:00 p.m. of the current day, local time.” An exception is made for public events dedicated to memorable dates in Russia and public events of a cultural nature.

In the Khoroshevo-Mnevniki district, two automobile and two pedestrian bridges will be built across the Moskva River, Maxim Vasiliev, head of the off-street transport department of the Moscow City Architecture Committee, told M24.ru. A 300-meter cable-stayed automobile bridge with a pedestrian zone and an observation deck will be built from Narodnogo Opolcheniya Street to Nizhnie Mnevniki. It will pass not far from the existing small Karamyshevsky Bridge.