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Main news of August 10

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RUSSIA * The presidents of Russia and China, Vladimir Putin and Hu Jintao, will meet in the South Urals August 16-17 for talks and a review of troops engaged... 10.08.2007, Sputnik International

2007-08-10T18:19+0000

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Main news of August 10

18:19 GMT 10.08.2007

RUSSIA

* The presidents of Russia and China, Vladimir Putin and Hu Jintao, will meet in the South Urals August 16-17 for talks and a review of troops engaged in a regional antiterrorism

* The Moscow Arbitration Court upheld a back tax claim of about 17 billion rubles ($670 million) against private oil company RussNeft for 2004-2005

* Six Russians who were held hostage in Nigeria for two months and released on August 7 have returned home, a metals company they worked for said

* Two Russian submersibles will monitor August 15 and 18 the environmental situation around the site where a Soviet nuclear submarine sank in 1989, the deputy director of an oceanography institute said

* A Moscow court extended Friday the custody for a suspected accomplice of a chief suspect in the murder of a senior Central Bank (CBR) official until November 13

* Boris Berezovsky's lawyers have challenged the latest warrant issued by the Russian Prosecutor General's Office for his arrest, the fugitive tycoon's defense counsel said

* The head of the Federal Property Fund administration for the Republic of Komi has been arrested on suspicion of accepting a 300,000 ruble ($12,000) bribe, the local prosecutor's office said

WORLD

* The U.S. space shuttle Endeavour has docked with the International Space Station (ISS), Mission Control said

* Georgia has no intention of waging war against Russia and is instead prepared to cooperate on security issues with Moscow, the Georgian president said

* Britain does not yet have plans to vaccinate cattle from foot and mouth disease following reports of a third possible outbreak on another farm in a week, the country's chief veterinarian said

* Japan may fail to meet its obligations under the Kyoto Protocol to limit greenhouse gas emissions to 6% below the 1990 level by 2012, a government report said

* Heavy snow in Chile, the worst in eight years, caused an estimated $250 million worth of damage, Spain's EFE news agency said, citing local authorities

BUSINESS

* Russian gas monopoly Gazprom announced Friday an increase in allocations for its 2007 investment program to 779 billion rubles ($30 billion), 47% more than the figure agreed on last December

* LUKoil said it could still regain the right to develop Iraq's giant West Qurna-2 oil field once the country adopts a new oil law in September, a company spokesman said

* RussNeft, one of Russia's top ten oil and gas producers, appealed against the arrest of all its shares, a spokeswoman for the Moscow City Court said

* Trade between Russia and China is expected to reach about $40 billion in 2007, $7 billion more than last year, the Chinese ambassador to Russia said

* GAZ Group will begin sales of Maxus light trucks, produced at the LDV plant in Birmingham, England, in late August, the company said

* Russia's VSMPO-Avisma, the world's largest titanium producer, has created a fully-owned distribution company in Switzerland, Tirus International SA