Arkadiy Abramovich, millionaire son of billionaire Roman, shapes up to be a chip off the old block.
Roman Abramovich’s teenage son buys a Siberian oilfield
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Monthly Archives: March 2013
SunTech bankruptcy flashes a warning to China’s solar industry
By letting one of the world’s leading solar panel manufacturers go bankrupt, China is showing that it is serious about restoring competitiveness to an ailing industry through forced consolidation.
Africa and China’s love affair on thin ice
China’s vice foreign minister has acknowledged that the way the country develops business in Africa isn’t all that respectful, following criticism by the governor of the central bank of Nigeria that China’s African ventures were a type of colonialism.
Desperate for bailout, Cyprus plays risky game
In trying to play Russia off against Europe to salvage its economy, Cyprus has embarked on a high-stakes poker game that could see almost everyone lose.
Bill Gross, philatelist-philanthropist
Billionaire bond investor Bill Gross is to auction for the first times some of his rare U.S. stamp collection to benefit Doctors Without Borders/Médecins Sans Frontières and Jeffrey Sachs’s Millennium Villages Project at Columbia University.
U.K.’s Osborne to stick with austerity
By George! Photo Credit: AFP/Getty Images/Lefteris Pitarakis
Britain’s finance minister is set to stick to his guns on austerity in Wednesday’s budget, despite increasing calls for a change of course, as he bets that growth will get back on track before an election in 2015.
Reserve Bank of India will play a cautious game
India’s government may want the Reserve Bank of India to generate the growth it can’t but the central bank’s scope for action is limited.
Structural reform needed to boost Latin America
More structural reform could provide a significant push to the economies of Latin America and the Caribbean, the Inter-American Development Bank says.
Mexico’s reforms hook U.S. investors
Don’t be fooled by the Mexican stock market’s slow start to the year. The country’s push for economic reforms and the revival of the economy of its largest trading partner, the U.S., are stirring investor interest in Latin America’s No. 2 market.
Natural gas revolution to close price gap with oil
How and when the gap between oil and natural gas prices closes is the single most important question facing oil and gas consumers around the world.
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