Rosneft Privatization Deal Closed As Italian Financing Comes Through

File Photo of Rosneft and Russian Flags Next to Rosneft Banner

(Moscow Times – themoscowtimes.com – January 4, 2017) The tumultuous privatization saga of Russia’s largest oil company appears to be drawing to a close. Swiss-British commodities trading firm Glencore and the Qatari Sovereign Wealth Fund have closed a deal to purchase 19.5 percent of state-controlled Rosneft, according to a statement on Glencore’s website. The news was followed by an announcement […]

» Read more

Switzerland probes Russian 2018 World Cup bid over bribery charges

(Business New Europe – bne.eu – bne IntelliNews – May 27, 2015) Russia’s bid to host the 2018 FIFA World Cup is under criminal investigation on corruption suspicions, Switzerland’s attorney general announced May 27, after investigators seized data and documents from the Zurich headquarters of soccer’s global governing body FIFA. The move comes only weeks before the draw for the qualifying rounds […]

» Read more