Sep 9, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times Billionaire Suleiman Kerimov may sell his stake in Uralkali, the world’s largest potash miner by output, financial media reported on Monday citing sources. An offer has been made to the tycoon, who has been accused of abuse of power by Belarus...
Sep 6, 2013 | Central & Eastern Europe, News, Russia
East-West Digital News In late August, the Moscow Innovation Development Center (IDC), an agency established last year by the Moscow government to foster high tech sectors in the capital, launched its first incubator. Located in Digital October, a major tech event...
Sep 6, 2013 | Central & Eastern Europe, News, Russia, Western Europe
Moscow Times Leading British and Russian companies see big opportunities in each other’s countries but are not investing because of a barrage of negative media reports about Russia, according to a new survey. The survey of about 100 business leaders found that...
Sep 6, 2013 | Central & Eastern Europe, News, Russia
The Moscow Times The government’s two sovereign wealth funds swelled by 58 billion rubles ($1.73 billion) last month to reach a combined $172.15 billion despite slumping economic growth and depreciating ruble, the Finance Ministry said Tuesday. The aggregate...
Sep 5, 2013 | Central & Eastern Europe, News, North America, Russia
New York Times Deal Book LONDON – More than a year after Facebook’s botched initial public offering, investors are now reaping rewards. On Thursday, the Russian Internet company Mail.ru, which is partly owned by the billionaire Alisher Usmanov, announced that it had...
Sep 4, 2013 | Central & Eastern Europe, News, North America, Russia
East-West Digital News The Russian venture fund Life.SREDA revealed last week a $2 million investment in Moven, a three-year-old New York-based banking startup. Moven’s CEO and founder Brett King hopes that the deal, which took place in July, will help his company...
