14:49 G-8 ministers to examine energy costs
The G-8 countries have called for better data on oil production and reserves to help markets function more efficiently. They also have urged G-8 oil producers to use their surging profits to boost global production.

14:23 Russia's MegaFon northwest branch user base up 10% year-to-date
The subscriber base of Russia?s third largest national GSM mobile operator MegaFon in the Northwest Federal District increased 10% since January 1 to over 6 million people as of Tuesday.

13:51 Estonians to build SPA Hotel near St.Petersburg, Russia
The first spa hotel in Russia based partly on Estonian equity, developed by Andres Tiik and Kalle Kuusik jointly with their Russian business partner, should go up in the northwestern Leningrad region by the end of next year.