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Main news of November 1

Main news of November 1

Sputnik International

A roundup of what has happened in the past 24 hours 01.11.2010, Sputnik International

2010-11-01T20:59+0000

2010-11-01T20:59+0000

2010-11-01T20:59+0000

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Main news of November 1

20:59 GMT 01.11.2010

© RIA NovostiMain news

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A roundup of what has happened in the past 24 hours

WOLRD

* Russian President Dmitry Medvedev's visit to one of the four South Kuril islands claimed by Japan is the country's domestic affair and has nothing to do with foreign policies, the Russian ambassador to Japan said

* The Kyrgyz Ata-Zhurt opposition party won the parliamentary election with 8.47 percent of the vote, the Central Electoral Commission said

* At least 37 people were killed as police attempted to rescue hostages held by gunmen at a Catholic church in the Iraqi capital, Al Jazeera reported

* Ruling Workers Party's candidate Dilma Rousseff was elected Brazil's president, the South American country's Supreme Electoral Court said after processing 93.34% of the vote in Sunday's election runoff

RUSSIA

* A state prosecutor said at a court hearing he considered defense arguments presented by the two former Yukos executives, Mikhail Khodorkovsky and Platon Levedev, and their lawyers "obvious lies"

* Corruption costs Russia the equivalent of 2.9 percent of its GDP every year, a presidential aide said according to the Kommersant daily

* Six people were killed in a fire that broke out in a building in central Moscow, a local emergencies official said

BUSINESS

* Russia's United Shipbuilding Corporation (USC) and France's shipbuilder DCNS signed an agreement to form a consortium, in a move that may bring a pending helicopter carrier deal closer to completion, the USC president said

* Russia's advertising market grew 14% in the first nine months of 2010, year-on-year, to 160 billion rubles ($5.2 billion), the Association of Communication Agencies said

* U.S. software giant Microsoft Corp. will establish a research and development center in the Skolkovo innovation hub near Moscow, Microsoft CEO Steve Ballmer and Skolkovo president Viktor Vekselberg said

* The world's largest soft drink producer Coca-Cola has taken over a leading Russian juice producer, Nidan Juices, from Britain's Lion Capital for $276 million, Coca-Cola said

* Russia's Troika Dialog investment company has formed a 50.43 million ruble ($1.66 million) open mutual fund to invest in the BRIC countries, the company said

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