Aug 5. Orders for durable goods in the United States rose 0.8% m-o-m in June, the Department of Commerce reported. >>> Aug 5. Sberbank of Russia has founded Sberbank Capital. >>> Aug 5. MTS launched a 3G network in Nizhny Novgorod on Monday, >>> Aug 5. AvtoVAZ is in the final stage of negotiations to take over Izh Avto (part of SOK Group) and the transaction could be wrapped up in September 2008. >>> Aug 5. AvtoVAZ could relinquish control in the auto component holding established jointly with State Corporation Rostekhnologii thanks to a spin-off of the company's non-core assets, >>> Aug 5. AvtoVAZ ramped up domestic car sales 14.7% y-o-y to 56,100 units in July, >>> Aug 5. Wimm-Bill-Dann Food intends to launch a Eurobond issue up to USD 500 mn, >>> Aug. 5. In global petroleum market news, oil prices plunged to near USD 120 a barrel Tuesday in Asian trading on expectations the economic downturn in the U.S. will erode consumer demand for crude >>> | 
