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Recovering Russia lures investors, even after bumper year of returns

Foreign funds bullish, hoping for a revival in economic growth, consumer demand

Glencore and Qatar have teamed up to pay US$11 billion for a stake in state oil firm Rosneft, confirming Russia's allure for international investors.


IT'S been a tough couple of years for Vladimir Miroshnikov, head of business development at Rolf, one of Russia's biggest car dealerships. But like many foreign investors, he's banking on an economic turnaround in 2017.

Russian car sales, once growing around 50 per cent a...

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