In a shocking leak of bromide leak in a rail car at 7:35 am (1:35 GMT), health warnings have been passed in and around the Chelyabinsk railway terminal.

While actual cause of the leak is yet to be ascertained, 42 people have been hospitalized on Thursday and around 12 are in dire need of medical attention.

World No Tobacco Day was celebrated in Moscow by offering lollipops in exchange of cigarettes in order to cajole chain smokers. Russia is the only country which has the highest smoking rates among all the developed nations. Recently, a number of women have raised the concern over growing menace of smoking as more and more women have entered the world of smoking.

Rosneft, country’s largest oil company had a deal with BP which has been blocked now by an arbitration panel. The blockage of the wound disables the companies from jointly exploring for oil in Russia's Arctic. The Arctic exploration agreement was announced by the Russian government in January.

As many as four Russian oligarchs, one former German Chancellor and mixed group of other TNK-BP board members and executives sat fidgeting their thumbs in a meeting room in Berlin yesterday after the BP-nominated representatives nominated by BP did not make it to the meeting.

It’s the first time after the global economic crisis that Russia's central bank increased the refinancing rate in order to ward off surging inflation whereas the nation is grappling with economic growth issue and the major threat of destabilizing capital inflows.

NORD GOLD has placed its name among the Russian firms who have scrapped plans for the London IPO i. e. Initial Public Offering. NORD GOLD is the unit of gold mining under the steel giant, Severstal. The decision of the NORD GOLD to scrap its plans for the public offering led to the dejection of the Russian issuers who were already hoping for a comeback from London.

A flu epidemic has alarmed the officials in Moscow. With the recent confirmation given by Health officials, hundreds of kindergartens and schools are being closed, so as to avoid furthering of flu infection among the young kids.

The images of a Russian child being tossed, spun and twisted in midair are not soothing the Americans.

BP's agreement done with the Russian energy group Rosneft might give rise to a rift with shareholders in its other partnership in Russia, TNK-BP.

The Kremlin Wednesday announced that the chief of Russia's Federal Space Agency - also called Roscosmos - has been formally reprimanded by the Russian President Dmitry Medvedev, who has also fired two other high-ranking space officials. The move results from December 5 launch failure of the country's Proton rocket that was hauling three new Glonass-M navigation satellites.