Russian President Dmitry Medvedev instructed the government to introduce Rosneft oil company Acting President Eduard Khudainatov for the position of the company's president, Medvedev's press secretary Natalya Timakova said on Saturday.

Ukraine will have the lowest taxes in Europe after a new tax code is adopted, Prime Minister Mykola Azarov said on Friday.

Russia will make a final decision on whether to buy a French Mistral-class amphibious assault ship by the end of the year, the Russian ambassador to France said on Friday.

Eduard Khudainatov was appointed as acting president of Russia's top state-run oil company Rosneft, the company said on Friday.

Turkey is trying to press unacceptable terms on Russia's oil pipeline monopoly Transneft in negotiations over the construction of the Samsun–Ceyhan pipeline, Transneft President Nikolai Tokarev said on Friday.

Privatization of Russia's oil transportation monopoly Transneft will be disastrous, President Nikolai Tokarev said on Friday, adding the government would not allow it.

Russian food price inflation will amount to 6-7 percent in 2010, but annual inflation will be the lowest in the last 20 years, the Kremlin's senior economic aide Arkady Dvorkovich said on Friday.

Russia's Federal Antimonopoly Service has opened an investigation into a Siberian subsidiary of Russia's top dairy producer Wimm-Bill-Dann, after the firm raised its wholesale prices by 11-17.9 percent while its production costs grew by just 4.5 percent.

The presidents of China and Ukraine, Hu Jintao and Viktor Yanukovych, said in Beijing on Thursday that their countries should raise bilateral relations to a new level.

Volkswagen expects to expand production in Russia and boost annual sales to 360,000 cars by 2017-18, VW CEO Martin Winterkorn said on Thursday.

The Kazakh government is moving to toughen regulation of the banking sector, in particular to limit the influence of shareholders on banks, the financial watchdog said on Thursday.

Russia's gas giant Gazprom hopes that Ukraine will continue meeting its obligations under existing gas agreements with Russia, Gazprom Deputy Chairman Andrei Kruglov said on Thursday.

Russian IT specialists no longer want to work in Europe and the United States, as they now have good prospects at home, a leading recruitment figure told RIA Novosti.

Russia may consider lifting a grain export ban only after harvesting 2011's crops, Prime Minister Vladimir Putin said on Thursday.

There is no threat of food shortages in the wake of Russia's devastating drought, and all price hikes are caused by speculators, President Dmitry Medvedev said on Thursday.

Russian government agencies must clamp down on food speculators, President Dmitry Medvedev said on Thursday.

U.S. firm Willis Lease Finance Corporation has signed a memorandum of understanding with SuperJet International to buy six Sukhoi Superjet 100 passenger planes for $300 million.

China and Ukraine can cooperate successfully in high technology and other sectors, a Chinese expert said on Thursday.

Russian oil production rose 2.5 percent year-on-year in January-August 2010 to 335 million tons, the Energy Ministry said on Thursday.