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Russia's Putin pardons Ukrainian pilot, hands her over to Kiev

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MOSCOW/KIEV Ukrainian military pilot Nadiya Savchenko arrived home in Kiev on Wednesday after nearly two years in a Russian jail, part of a prisoner swap in which two Russians held in Ukraine were returned to Moscow.

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Bulgari to build hotel in Russia with Magnit minority shareholder

MOSCOW Italian jeweller Bulgari has teamed up with Russian real estate investor Alexei Bogachev to build its first hotel in the country, it said on Wednesday, a day after opening its second Russian store.

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Moscow frees Ukraine pilot in swap for Russians held in conflict

MOSCOW/KIEV Ukrainian military pilot Nadiya Savchenko arrived home in Kiev on Wednesday after nearly two years in a Russian jail, part of a prisoner swap in which two Russians held in Ukraine were returned to Moscow.

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Switzerland midfielder Xhaka agrees to join Arsenal

LONDON Arsenal have reached an agreement to sign combative Switzerland midfielder Granit Xhaka from Borussia Moenchengladbach on a long-term contract for an undisclosed fee, the Premier League club said on Wednesday.

UPDATE 1-Soccer-Switzerland midfielder Xhaka agrees to join Arsenal

LONDON, May 25 Arsenal have reached an agreement to sign combative Switzerland midfielder Granit Xhaka from Borussia Moenchengladbach on a long-term contract for an undisclosed fee, the Premier League club said on Wednesday.

UPDATE 1-Putin blesses Gazprom Neft's oil loadings from new Arctic field

MOSCOW, May 25 Russia's Gazprom Neft, under the gaze of President Vladimir Putin, has started loading a tanker with crude from its new Novoportovskoye field in the Arctic, which will help Moscow maintain record-high oil production.

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Bulgari aims to have up to six stores in Russia over 10 years

MOSCOW Bulgari, the flagship jewelry brand of luxury group LVMH , plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market.

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Bulgari aims to have up to six stores in Russia over 10 years

MOSCOW Bulgari, the flagship jewellery brand of luxury group LVMH , plans to open up to four more stores in Russia over the next ten years, betting on the long-term prospects of its luxury market.

UPDATE 1-Russia to bypass foreign banks for future bonds issues - finance minister

MOSCOW, May 25 Russia plans to bypass foreign banks when it issues bonds in future, Finance Minister Anton Siluanov said on Wednesday, following what he called "absurd" pressure on Western organisations not to be involved in its latest Eurobond issue.

UPDATE 1-Russia's Sberbank reports record Q1 profit

MOSCOW, May 25 Russia's top bank Sberbank on Wednesday posted record quarterly net profit of 117.7 billion roubles ($1.8 billion) in the first three months of 2016, distancing itself further from struggling rivals and sending its share price higher.

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Afghan Taliban appoint a new leader, Kabul urges peace

KABUL/PESHAWAR, Pakistan The Afghan Taliban named an Islamic legal scholar who was one of former leader Mullah Akhtar Mansour's deputies to succeed him on Wednesday, after confirming Mansour's death in a U.S. drone strike at the weekend. | Video