Business News Roman Abramovich

  • LME copper is on course for a drop of 3 percent this week, despite the risk of imminent supply disruption at BHP's Escondida mine in Chile, which would mark its steepest weekly fall since the week ended July 6. *TARIFFS: New tariffs that the United States is threatening to impose on nearly half the goods imported from China would have a small impact on the Asian...

  • LONDON/ MOSCOW, Aug 2- Kaz Minerals shares plunged after it said it was expanding into Russia with a deal to buy a copper project in Baimskaya for $900 million from a group of investors including Chelsea soccer club owner Roman Abramovich. Miners are especially keen for new copper mines to meet demand for the conductor used in electric vehicles and grids, but many...

  • LONDON/ MOSCOW, Aug 2- Russian billionaire Roman Abramovich is among the sellers of a copper project in Baimskaya, Russia, that Kaz Minerals said on Thursday it has agreed to buy for $900 million, in a bold move into a country many international investors shun. Kaz Minerals, which until now has focused on low-cost copper production in Kazakhstan, said Baimskaya was...

  • BEIJING, June 28- Shanghai base metals prices rose for a second session on Thursday, continuing their recovery from a sell-off triggered by trade war tensions between China and the United States, even as Asian equities continued to be affected. *SHFE COPPER: The most-traded August copper contract on the Shanghai Futures Exchange was up 0.3 percent at 51,730 yuan...

  • LONDON/ MOSCOW, June 27- Russian tycoon Oleg Deripaska got a boost on Wednesday in a long-running battle for control of Norilsk Nickel when a high court judge ruled fellow investor Roman Abramovich did not have the right to sell shares in the miner to a third businessman. At London's High Court, Judge Stephen Phillips ruled such a sale by Abramovich, the owner of...

  • LONDON, June 27- Russian tycoon Oleg Deripaska was given a boost on Wednesday in a long-running battle for control of Norilsk Nickel when a London court ruled fellow investor Roman Abramovich did not have the right to sell a stake in the miner to a third businessman. At London's High Court, Judge Stephen Philips ruled that such a sale by Abramovich, the owner of...

  • LONDON, June 27- Russian tycoon Oleg Deripaska was given a boost on Wednesday in a long-running battle for control of Norilsk Nickel when a London court ruled fellow investor Roman Abramovich did not have the right to sell a stake in the miner to a third businessman. At London's High Court, Judge Stephen Philips ruled that such a sale by Abramovich, the owner of...

  • *Case part of long-running tussle to control Nornickel. LONDON, May 14- Russia tycoon Oleg Deripaska gave evidence in the London High Court on Monday in a case challenging the sale of shares in Norilsk Nickel by soccer club owner Roman Abramovich. Deripaska, making his first public appearance since being made a target of U.S. sanctions, wants to stop Abramovich...

  • LONDON, May 11- A London High Court trial over the legality of Russian billionaire Roman Abramovich's sale of a stake in Norilsk Nickel will start on Monday, part of a long-running battle for control of the miner. Rusal, which is controlled by Oleg Deripaska, is trying to stop Chelsea soccer club owner Abramovich selling Norilsk Nickel shares to billionaire...

  • Pablo Picasso's “Les femmes d’Alger (Version O)”

    Buyer still at large

  • 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.

  • 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.

  • 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.

  • 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.

  • 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.