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Today in Russian Business – Sept 29, 2008

The London Stock Exchange has gained on last week’s suspension of the MICEX. The Russian stock market is undergoing a reshuffle at its highest level. Oleg Deripaska wants London’s High Court to dismiss a multibillion-dollar lawsuit filed against him by former associate Michael Cherney, arguing that it should instead be held in Russia. Former Unified Energy System chief Anatoly Chubais will be the first Russian consultant at JPMorgan Chase. On the Russian drive to improve its facilities for aluminum production, despite the metal’s decline in price. Russia’s wheat exports are booming. Vladimir Potanin has tightened his grip on Norilsk Nickel in a new buy up of common shares.