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Business Roman Abramovich

  • Gazprom Neft, Russia's third-largest oil producer owned by state-run gas producer Gazprom, said that due to abundant supply and technological developments oil prices may have returned for a prolonged period to the $30- $40 per barrel range seen before the commodities boom of the 2000 s. Some oil projects won't be viable at such low prices but most of those won't...

  • Who bought the $179 million Picasso? Thursday, 21 May 2015 | 12:18 PM ET
    Pablo Picasso's “Les femmes d’Alger (Version O)”

    Buyer still at large

  • Do we have a bidder? Christie's $500M art auction Sunday, 10 May 2015 | 9:37 AM ET
    Christie's auctions off watches including the world's most expensive Rolex.

    Christie's could sell $500M of art in a single night, including a "masterpiece" by Lucian Freud.

  • Putin ally: Sanctions on his bank have backfired Sunday, 23 Mar 2014 | 5:50 PM ET
    Vladimir Putin, Russia's president, addresses a meeting of the Russian Union of Industrialists and Entrepreneurs (RSPP) during Russia Business Week in Moscow, Russia, on Thursday, March 20, 2014.

    An ally of Russian President Vladimir Putin, hit by U.S. sanctions, suggested on Sunday the move had backfired.

  • LONDON, Oct 12- Russian businessman Boris Berezovsky will pay 35 million pounds towards the legal fees of Chelsea Football Club owner Roman Abramovich after failing in a $6 billion London court battle with his former protege, lawyers said.

  • Berezovsky to pay Abramovich $56M in legal costs Friday, 12 Oct 2012 | 12:17 AM ET

    LONDON-- A British court has ordered self-exiled Russian tycoon Boris Berezovsky to pay 35 million pounds in legal costs to fellow Russian Roman Abramovich after losing a lawsuit against him.

  • Sepura gains 3.8 percent after an upbeat first half trading update from the digital communications firm, highlighting new business wins in North America. A healthy order book and robust pipeline of opportunities offers confidence in ongoing progress, " Liberum Capital says in a note repeating its" buy "rating on Sepura.

  • Raspadskaya Q3 coking coal sales volumes down 8 pct q/q Thursday, 11 Oct 2012 | 9:08 AM ET

    MOSCOW, Oct 11- Russian coking coal miner Raspadskaya said on Thursday it sold 981,000 tonnes of coking coal concentrate in the third quarter, 8 percent less that in the previous three months.

  • Technology provider e2v Technologies falls 4 percent in heavy trading volumes of eight times its 90- day daily average after a warning that it would miss its targets for the year.

  • *Evraz buys out management stake in Raspadskaya. MOSCOW/ LONDON, Oct 4- Russia's Evraz has agreed to take control of coal miner Raspadskaya in an $800 million deal that will make the steelmaker self-sufficient in coking coal and turn it into Russia's largest producer of the steel ingredient.

  • Evraz to gain control in a major Russian coal mine Thursday, 4 Oct 2012 | 4:57 AM ET

    MOSCOW-- Steelmaker Evraz is to gain control of one of Russia's largest coal mines after acquiring a half stake in Cyprus- based investment vehicle Corber Enterprises for an undisclosed sum.

  • MOSCOW, Oct 4- Evraz, Russia's largest steelmaker, is to take a majority stake in coal miner Raspadskaya in an $800 million cash and share deal designed to give it more control over the supply of coking coal, a key ingredient in steelmaking.

  • MOSCOW, Oct 4- Evraz, Russia's largest steelmaker, agreed to increase its stake in the Russian coal miner Raspadskaya by half to 82 percent, the company said on Thursday.