Metals billionaire Vladimir Potanin acquires minority stake in 'Russia's Google'Russian billionaire Vladimir Potanin has acquired a 9.95% stake in Yandex through his firms, following a $5.4 billion sale of Yandex’s Russ...
2023's Wealth Chronicles: 'Global Billionaires' fortunes swell in 2023 amid economic shiftsAmidst global economic turmoil, 2023 witnessed a surge in the fortunes of the world's wealthiest, notably Elon Musk and Mark Zuckerberg. De...
Putin clears Rosbank's purchase of Societe Generale's Russian assetsRussian President Vladimir Putin has signed a decree allowing Rosbank to purchase stakes in leading Russian companies owned by Societe Gene...
Russian billionaire Vladimir Potanin challenges UK divorce laws in high court battleVladimir Potanin with an estimated net worth of $29.3 billion is contesting against the UK courts' perceived generosity in divorce cases, w...
Russia's VTB may pull out of running for internet giant Yandex stake: CEO Andrei KostinOften dubbed "Russia's Google", Yandex is making progress on a corporate restructuring plan that should see it divest ownership and control...
Russian billionaires in hunt for stakes in Yandex's local assetsVladimir Potanin, CEO and the largest shareholder of metals giant Nornickel, and Vagit Alekperov, cofounder and a major shareholder of oil ...
Blockchain firm executes Russia's first digital asset deal with palladiumAtomyze was the first Russian firm to receive approval to exchange digital assets in February, while the central bank has long voiced scept...
HSBC in talks to sell Russian lending business to Expobank: SourceHSBC's corporate lending business, which offers a range of corporate banking and investment banking services to domestic and multinational ...
Richest billionaires lose $1.4 trillion in worst half everIt’s a sharp departure from the previous two years, when the fortunes of the ultra-rich swelled as governments and central banks unleashed ...
UniCredit, Citi consider swapping assets with Russian institutions - FTUniCredit has received several offers from Russian financial institutions to buy its local subsidiary since its chief executive, Andrea Orc...
European shares fall as close French election keeps investors on edgeThe pan-European STOXX 600 index slipped 0.7% by 0710 GMT. France's CAC 40 dropped 0.4%, Germany's DAX fell 0.9% and UK's FTSE 100 was down...
Russian oligarchs' yachts seized in Europe, others harbouring in MaldivesThe yachts arrived in the tropical archipelago off the coast of Sri Lanka after the imposition of severe Western sanctions on Russia in res...
After Better.com CEO Vishal Garg offers apology on mass firing, Anand Mahindra asks 'can a CEO survive after this blunder?'Mahindra asked if such CEOs should be allowed a second chance.
Russia's second-richest man Vladimir Potanin faces $7 billion divorce claim, world's biggest after Jeff Bezos & Bill GatesThe largest payout in a divorce is currently $631 mn to billionaire Akhmedov's wife.
Vladimir Putin chastises Russian tycoon over massive Arctic oil spillInvestigators have started looking into the cause of the accident and local officials' failure to quickly report it to federal authorities....
The ex-wife of Russia's richest man wants half his $15 billion fortuneUnder Russian law, anything acquired during marriage "should be divided equally."Russia's Forbes estimate Potanin's worth as $15.4 billion.
- Energy may be low, but investors find Russia hot
Investors in Russia pulling in record profits in areas ranging from banking to retail were defiantly upbeat about their prospects at a conf...