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Today in Russian Business – June 4, 2010

‘It is not only our laws that matter, but […] how the rights and lawful interests of business people and those who will come to our market are protected’: Medvedev reassures foreign investors.  Vladimir Putin has agreed to back an assumption that Russian crude will sell for $75 a barrel on the international markets, which will permit greater federal spending.  Bloomberg reports that Russia’s economy grew at the fastest pace since November last month, at a rate of 2%.  Deputy Prime Minister Alexei Kudrin is confident regarding Russia’s ambitions to be a global financial center, and stated that Russian stock exchanges may soon begin trading bonds from former Soviet states.  Russia will collaborate with Daewoo Shipbuilding of South Korea on ship-building in the Far East.  Oil trader Boris Titov’s SVL Group has reportedly bought French champagne maker Chateau d’Avize.  Aeroflot has announced that its net income tripled to $86 million in 2009, but was still under target.  Russia will invest another $339.8 million in its car scrapping scheme.  Alexander Lebedev has been questioned by police in relation to allegations that he made extortion attempts on former business partner Igor Skvortsov.