Moscow - Walt Disney has applied to Russian authorities for permission to form a joint venture with broadcaster Media-One Holdings to launch a family channel on
30 stations in Russia, local media reported on Wednesday.
Disney would hold 49 per cent stake in the Russian television venture, invest cash and provide programming and marketing expertise. Media-One is to stand as the majority shareholder.
The channel is set to be launched next year, pending approval by Russia's regulatory authorities, in what is one of the world's fastest growing media markets.
Moscow - The mayor of a town in north-western Russia has been stabbed to death by an unknown attacker, news agencies cited a police source as saying Wednesday.
"An unidentified person ran up to the mayor as she was leaving her house, stabbed her in the neck and fled the scene," the source said.
The motive for the attack late Tuesday evening was unclear, the security source said.
A suspect, who had earlier worked with the Kandalaksha mayor, Nina Varlamova, in the local government, has been detained, local police said.
Varlamova took office in December 2007 after the previous mayor of the Northern Russian town was jailed for corruption, news agencies reported.
Moscow - Russia's industrial output contracted by 8.7 per cent year-on-year in November, the largest contraction in a decade, official statistics released Tuesday stated, fueling fears of an impending recession.
Russia's Federal Statistics Service attributed the slump to reduced demand for steel, paper pulp, fertilizer and coal brought about by the global downturn.
The Russian space capsule Soyuz would be redesigned by India with the aim to send its astronauts on the country's first manned space mission. This comes after India saw success in its unmanned moon mission. Indian Space Research Organisation (ISRO) Chairman G Madhavan Nair said, “We will be redesigning the Soyuz space capsule of the Russian agency for our mission.”
Moscow - The Organization of Petroleum Exporting Countries (OPEC) expects Russia to cut oil production to stymie tumbling prices, the head of Russia's largest private producer LUKoil said Monday.
Under OPEC's plan for what may be the cartel's deepest production cutbacks yet, Russia would be asked to cut its output by between 200,000 and 300,000 barrels per day
(bpd), LUKoil head Vagit Alekperov said.
He said LUKoil would support cuts on production and was looking at what wells would be least painful to suspend, if the Russian government went along with OPEC's plan.
Moscow - Walt Disney has applied to Russian authorities for permission to form a joint venture with broadcaster Media-One Holdings to launch a family channel on 
Moscow - Russia's industrial output contracted by 8.7 per cent year-on-year in November, the largest contraction in a decade, official statistics released Tuesday stated, fueling fears of an impending recession.
The Russian space capsule Soyuz would be redesigned by India with the aim to send its astronauts on the country's first manned space mission. This comes after India saw success in its unmanned moon mission. Indian Space Research Organisation (ISRO) Chairman G Madhavan Nair said, “We will be redesigning the Soyuz space capsule of the Russian agency for our mission.”
Moscow - A Moscow city court Mo
Moscow - The Organization of Petroleum Exporting Countries (OPEC) expects Russia to cut oil production to stymie tumbling prices, the head of Russia's largest private producer LUKoil said Monday. 
