Sberbank vice president’s private incubator nurtures IT startups

Oct 31, 2012 | News

East-West Digital News 17 October 2012 Alexey Popov, a top manager at Sberbank, spends his free time away from Russia’s largest savings bank helping IT ideas mature through the start-up stage. Popov was appointed Sberbank’s new vice president for universal e-card and...

Severstal Mulls Buying ArcelorMittal Unit

Oct 31, 2012 | France, News, Western Europe

Moscow Times 31 October 2012 Severstal is interested in buying French steel producer Florange, a subsidiary of ArcelorMittal, according to unnamed sources cited by French newspaper Les Echos, Interfax reported Tuesday. Talks began two weeks ago, and a representative...

VimpelCom to sell emerging market units

Oct 30, 2012 | News

Financial Times 28 October 2012 VimpelCom will sell several of its emerging market businesses in Africa and Asia as part of a rationalisation of its global telecoms operations to focus on core growth areas. The Russian telecoms group, which is the world’s sixth...

Rosneft to buy BP out of TNK-BP first – source

Oct 30, 2012 | News

Reuters 29 October 2012 Giant BP is set to exit its stake in the TNK-BP joint venture ahead of the AAR consortium of tycoons, when they sell out to state-controlled Rosneft, a source close to Rosneft told Reuters on Monday. BP has struck a deal to sell its stake in...

VimpelCom to sell emerging market units

Oct 30, 2012 | Africa, News

Financial Times 28 October 2012 VimpelCom will sell several of its emerging market businesses in Africa and Asia as part of a rationalisation of its global telecoms operations to focus on core growth areas. The Russian telecoms group, which is the world’s sixth...