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Mikhail Fridman was right. Russia’s economic problems don’t stem from its inability to juggle its numbers — they’ve been juggling like it was the...
According to data from the Russian Central Bank, the country’s capital outflows totaled $151 billion in 2014, an amount that was not only higher...
Ratings agency S&P cut Russia’s sovereign credit rating to junk status on Monday, bringing it below investment grade for the first time in a...
France’s Alstom, which is selling most of its power equipment business to General Electric, confirmed its full-year revenue and profit target after posting...
The news is that Russian billionaire and owner of Chelsea football club bought up almost an entire block in New York City to build...
President Vladimir Putin is pushing harder on Russia’s richest citizens to repatriate offshore assets amid a slump in the ruble and the imposition of...
Roman Abramovich is not letting the perilous Russian economy get him down and is finding solace in New York City, where he is purchasing...
The Brooklyn Nets is one of the most challenged and expensive teams in the league, and it looks like hedge fund manager Steve Cohen...
Mikhail Prokhorov is dumping his 80% stake in the Brooklyn Nets, and not a moment too soon, according to some. Prokhorov has been...
As global sanctions take a bite out of the Russian economy, and oil, an essential part of the country’s GDP, continues to fall...