Science|Business Reporting

Europe now has a European Space Policy to direct its research programmes and activities and avoid duplication of effort between member states. The policy was formally adopted at the Competitiveness Council meeting on Tuesday 22 May.

Russia’s economics minister, German Gref, has announced the name of the three companies selected to manage the funds of the Russian Venture Company, set up by the government to diversify the economy away from commodities and invest in high-tech projects.