russia

In its latest report, the IMF applauds national policymakers for stabilizing credit markets and putting the global economy on a recovery track. However, thorny problems remain -- including how to prevent overheating in emerging markets, and how to cut the U.S. deficit while lowering its unemployment rate.

You can put new clothes on formerly communist nations, but it's hard to change what's under their skin. Don't be fooled: Both Russia and China have really awful bones. So before investing in either one, know the risks that lurk below the surface.

Hewlett-Packard (HPQ) said that prosecutors investigating charges of bribery in Russia have expanded the probe to other regions. The Justice Department and SEC are examining if HP engaged in illegal activities related to deals in Russia, Serbia and the Commonwealth of Independent States,...

PepsiCo (PEP) will buy a 66% stake in Russian food and beverage company Wimm-Bill-Dann Foods for $3.8 billion. The deal will make Pepsi the largest food and beverage company in Russia, the company said in a statement. It will also boost annual global revenues from "nutritious and functional...

Starbucks said Wednesday that it plans to grow its worldwide sales by expanding its 220 stores in mainland China to "at least" 1,500 by 2015. The world's largest coffee chain also is planning to add stores in Brazil, Russia and India.

Russia's police may have cut down the amount of spam in your inbox by opening an investigation of an alleged spam kingpin. Russian officials began the investigation of Igor A. Gusev Tuesday, The New York Times reported. Officials said Gusev likely fled the country. Sponsored Links According...

As it continues to raise funds to deal with the fallout from the Gulf oil spill, oil giant BP (BP) is set to sell a total of $1.8 billion in assets in Venezuela and Vietnam to TNK-BP. TNK-BP, a joint venture between BP and a group of Russian billionaires, will make a $1 billion deposit by Oct. 29...

Three years ago, the financial crisis spread across the globe, dragging the world into its deepest recession in seven decades. Now, the U.S. recovery is losing momentum, but economists say this time, when America sneezes, the world doesn't have to catch a cold.

A study out of the University of Florida has concluded that raising taxes on alcohol leads to lower rates of alcohol-related disease, injury, death and crime. The study was released online this week by the American Journal of Public Health in advance of the print edition. The study found that...

Russia will buy 50 new Boeing (BA) 737 Next Generation airliners in a deal worth $3.7 billion. Russian Technologies, a state-owned company that manages the government's stakes in 12 regional airlines, will buy the aircraft, The Associated Press said. The deal also gives Russian Technologies an...