Putin proposes extending term of Russia's Central Bank chiefBusiness & Economy March 22, 21:49
Mayor says investigation into London attack is underwayWorld March 22, 21:16
Ukrainian radicals urge Poroshenko to nationalize Russian banks’ subsidiariesBusiness & Economy March 22, 20:51
Peru is back on 2018 Dakar Rally track alongside with Bolivia, ArgentinaSport March 22, 20:08
Three dead, twenty injured in London attack — policeWorld March 22, 19:59
Stadium in Russia's Dagestan to be named after pole-vault queen IsinbayevaSport March 22, 19:19
Top pilots to fly Su-30SM jets over Moscow on Victory DayMilitary & Defense March 22, 18:53
Russian design bureau ready to integrate BrahMos missiles into frigates for Indian NavyMilitary & Defense March 22, 18:50
London police say they are treating Westminster incident as terrorismWorld March 22, 18:45
MOSCOW, May 21. /TASS/. The Russian Federal Antimonopoly Service approved miner Glencore acquiring a 46% stake in Russneft, the Service told TASS Thursday.
"The analysis of the commodity market of crude oil, which was carried out by the Russian Federal Antimonopoly Service on an annual basis, has shown that Russneft does not have a large share in the market. Therefore, Glencore's acquisition of the company’s stake cannot have a significant impact on the competition," the Head of the Service Dmitry Makhonin said.
Earlier the Russian Federal Antimonopoly Service analyzed the additional information on Glencore's deal with Russneft, and determined that the deal does not require prior approval in accordance with the requirements of the Federal Law on foreign investment. The Service noted that Glencore will purchase a 46% stake in Russneft, not 49%, as was stated earlier.