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Today in Russian Business – Oct 26, 2010

It might be the last place you’d expect to find a scandal, but the appointment of the new director of the General Radio Frequency Center comes in the wake of revoked licenses and missing funds.  The birthrate must be on the rise if the market for children’s products is growing by 15% a year, suggests this report.  Mail.ru, the internet company that has a stake in Facebook, is anticipating that it could make up to $876 million from selling a 16% stake later this year, to analyst skepticism: ‘No one knows what the value of this company is.‘  Moscow residents have halted construction of a seven-story hotel in Maly Kozikhinsky Pereulok which they say is illegal by ‘[breaking] the gates of the construction site and block[ing] the rig‘.