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By Ivan Anderzhanov in Moscow
The business climate in Central & Eastern Europe (CEE) picked up for the first time since the beginning of 2008, according to the latest Thomson Reuters & OeKB CEE Business Climate Index.  The report also indicated that Russia is the top-rated country as far as business expectations are concerned.
The index polling [...]

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By Jason Corcoran in Moscow
Russia’s Renaissance Capital has been appointed as lead manager and bookrunner for a 20bn rouble bond ($612m) by conglomerate Sistema which caps a string of deals worth over $2bn during the past month.
The Sistema rouble bond is the biggest of the year and beats the recent 15 billion ruble ($485m) issue [...]

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