SPIEF: Russian elite gathers in St Petersburg

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  • Some smaller Russian businesses have the potential to generate 'double-digit' returns, Dubai based private equity firm the Abraaj Group believes.

  • Embattled Ukraine lacks “the power or the possibility” to stand up to Russia at present, Ukraine’s former prime minister told CNBC.

  • Saint Petersburg, Russia

    As the Russian elite gathers for the St Petersburg Economic Forum, they will be all too aware the future looks less certain than it has for years.

  • If e-commerce giant Amazon thought it had tough competition from China's Alibaba then it might want to consider a new Russian dark horse in the shape of Ulmart.

  • Nearly 150 individuals and companies have been targeted for sanctions related to Russia's actions in Ukraine. Click ahead for some of the most high-profile individuals hit by the measures.

  • A view of the Russian gas giant Gazprom's recently built Adler thermal power plant in the Russian Black Sea resort of Sochi.

    Russia's state-controlled Gazprom has signed a long-awaited megadeal to supply gas to China, which could ease the impact of Western sanctions.

  • Construction workers weld together two giant pipes near the village of Sajkas, 80 kilometers from Belgrade

    Russia's Gazprom said on Wednesday it saw only an "insignificant" risk of interruption to gas transit to Europe during spring and summer this year.

  • President Vladimir Putin attends a meeting with Cabinet members at the Kremlin in Moscow, April 21, 2014.

    When Russia seized Crimea in March, it also acquired the rights to trillion-dollar resources, the New York Times reports.

  • Schoolboy at Eton

    For super-wealthy Russians, education at one of Britain’s top traditional boarding schools has become as desirable as a pad in Mayfair.

  • Ukrainian soldiers guard a roadblock along the highway on April 24, 2014 near Slovyansk, Ukraine.

    Ukraine has had its $17 billion IMF bailout signed off, but lenders are already warning of threats to its funding.

  • The latest sanctions mark an intensification of the U.S.'s attempts to wound Russia economically over perceived intervention in Ukraine.

About St Petersburg International Economic Forum

  • Finance and business leaders from Russia and the rest of the world head for St Petersburg and the annual economic conference.