RT Arabic

inoTV

actualidad.rt.com

Business

: (NYC) : (LON) : (MOW)

It seems your Flash Player is a bit dated, try loading a new one free here.

Sergey Pugachev

download embed

<object width="280" height="225">
	<param name="movie" value="http://rt.com/s/swf/player.swf?file=http://rt.com/v/old/478b33451aadf.flv&image=http://rt.com/s/obj/old/478b33476a5df.jpg&controlbar=over&skin=http://rt.com/s/swf/skin/stylish1.swf&streamer=lighttpd"></param>
	<embed src="http://rt.com/s/swf/player.swf?file=http://rt.com/v/old/478b33451aadf.flv&image=http://rt.com/s/obj/old/478b33476a5df.jpg&controlbar=over&skin=http://rt.com/s/swf/skin/stylish1.swf&streamer=lighttpd" type="application/x-shockwave-flash" allowfullscreen="true" width="280" height="225" />
</object>

UK royal may sell out to tycoon

permalink e-mail story to a friend print version

Published 14 January, 2008, 10:01

A nephew of Queen Elizabeth II of Great Britain, David Linley, is reported to be selling his stake in his furniture and design business to a Russian corporate tycoon.

Yahoo StumbleUpon Google Live Technorati

del.icio.us Digg Reddit Mixx Propeller

The potential buyer is Sergey Pugachev, a member of Russia's Federation Council, who's also a friend to President Putin.

Pugachev's fortune is estimated at $U.S. 6.8 billion.

The sides are currently in talks.

0/5 (0 votes)

rate this story

21:01 Main news of March 19

20:51 Dick Advocaat denies Russia deal

20:06 Putin says Russia-U.S. relations warmer, but urges changes

18:41 Putin to meet Chinese vice president Xi

18:33 Clinton tells Putin U.S. wants to lift Jackson-Vanik amendment

17:46 Putin hopes Russia-U.S. cooperation leads to Mideast settlement

17:31 Russian govt. seeks closer ties with U.S. Congress to boost trade

17:02 British Airways staff to go on strike as talks break down

RT asks

After the central Bank’s 11th consecutive refinancing rate cut which way is Russia’s economy headed?

vote view answers without voting

Metals magnate ready to snub London United Company Rusal, the world's largest aluminium producer, is considering moving it's multi-billion dollar IPO (initial public offering) from the London Stock Exchange to Hong Kong.

Stocks rally after U.S. rate cut Russia's stock markets have got off to a stronger start, tracking a broad recovery across Asian markets. It follows a sharp cut in U.S. interest rates. On Tuesday, the benchmark RTS index regained much of its early...

U.S. slashes rates in bid to stop recession Global Stock markets are once again on the slide with trading in New York opening at new lows. The U.S. Federal Reserve slashed interest rates in the biggest rate cut in 23 years. This helped Russia's stock market to...

Russia’s Nickel giant on sale? United Company Rusal co-owner and board chairman Viktor Vekselberg has made an offer to Norilsk Nickel president and co-owner Vladimir Potanin to swap his stake in Norilsk for Rusal shares and cash.

Russia's car industry powers ahead 2007 was a record-breaking year for Russia's automobile industry. The number of new vehicles imported topped one million, up 67% from the year before.

Russian stocks to outride global market slumping? Global markets have tumbled in Monday's trade, in the wake of Friday's huge sell-off on Wall Street, as fears about a looming U.S. recession continue to mount.

Russia to lay Saudi rails for $US 800 million Russian Railways has won a tender to lay a railway line in Saudi Arabia. The overall weight of the contract is to be around $US 800 million.

Russia’s number two insurer bans foreigners from the board Shareholders of Russia’s number two insurer, Ingosstrakh, have banned foreigners from the company’s board of directors. Czech PPF Investments, a minority shareholder says it will now challenge the decision in court.

Russian art sales break records at Christie’s The sale of Russian art at Christie's auction houses in 2007 reached a record $US 144 million worldwide.

Poland to lift veto on Russia-EU talks Polish Foreign Minister, Radoslaw Sikorski, has said Poland is ready to allow future talks between Russia and the EU, during a visit to Moscow. The country has previously vetoed any talks over a new Russia-EU...

Gold – safest haven of all Gold prices hit record highs last week on anticipation of further rate cuts in the U.S. and a weakening of the U.S. dollar. The precious metal came back into focus as a hedge against instability and inflation, with...

Gazprom rules out Poland gas idea Poland’s new Prime Minister Donald Tusk claims it would be three times cheaper to expand capacity through Poland than building the huge Nord Stream undersea pipeline from Russia to Europe.

Second-tier stocks safe from market instability With the Russian markets recovering from their worst week in some time, attention has focused on blue chips which have nearly all experienced significant falls. But some of the second-tier stocks have faired a lot...

Siberian dream house to resist fierce frost A dream house built on permafrost – that is what Canadian technology is bringing to Siberian soil. Russia’s Kemerovo region is building experimental cheap town houses meant to resist freezing temperatures.

Inflation heading north: Russian Minister Russia's Minister of Agriculture, Aleksey Gordeev, has issued a stark warning about the likelihood of rising food prices this year.

Russia launches five-star hotel on wheels Rail passengers who fancy a bit of luxury now have a new hotel on wheels – the ‘Express’ luxury train between Moscow and St. Petersburg. Popular across Europe and in Asia, it’s the first VIP train run by a...

Swiss firm muscles in on more Russian assets A five percent stake in European aerospace giant EADS held by Russia's VEB bank has been frozen by court order, at the request of a Swiss firm in a legal battle with the Russian state.

Korean investors boycott Sochi Olympics Russia's Krasnodar Region has begun its biggest ever investment drive in Berlin. It is courting foreign investors to build infrastructure for the Winter Olympics in 2014.

U.S. crisis cannot drag down Russian market Global stock markets are nervously eyeing further signs of economic recession in the United States, in the wake of rising inflationary pressure and big write downs from banks on sub prime related investments.

New Russia-Ukraine gas row threatens Europe again? A delegation from Ukraine has arrived in Moscow to hold new talks on gas prices ahead of the two Prime Ministers' meeting later in January.

Loans in Japanese currency in Russia The Bank of Moscow has launched a pilot mortgage program allowing Russian homebuyers to take out their loans in the Japanese yen.

Yukos assets give 80% boost to Rosneft profits Russia's biggest oil company Rosneft has announced more than positive third quarter financial results. Its net profit grew 240 per cent in the first nine months of 2007 on the back of increased production and soaring...

Jailed Yukos official may die of AIDS Vasily Aleksanyan, the former vice president of the now defunct Russian oil company YUKOS, is reportedly suffering from AIDS.

Tax change could hit educated Russians Russia is looking at boosting company taxes to plug a fast-growing deficit in pension funds. The Unified Social Tax, which companies pay on salaries, is being targeted but critics would disadvantage companies and...

French court locks Russian bank accounts Russia's Finance Ministry is promising to appeal a French court ruling which freezes Russian government assets in dispute with a Swiss trading company, Noga. It accuses Russia of refusing to pay millions of dollars in...

Russian TV ad prices too high for Procter and Gamble Procter and Gamble is still in a row with Russia's national Channel One over this year's advertising costs.

$US 2.4 BLN merger brings new oil giant to life Stockholm-listed West Siberian Resources has announced plans to merge with Alliance NK to create a new vertically-integrated Russian oil company.

Retailers eye up Russia’s booming middle class Russia’s ever-expanding middle class is being targeted by a new wave of luxury goods retailers. Russians are estimated as being the world’s fourth-largest consumers of luxury goods after the Japanese, Americans and...

Bank of New York stands trial in Russia The Bank of New York finally responded to a lawsuit filed last May, claiming more than $US 22 billions in unpaid export duties, and involving accusations of money laundering. The first official hearing of the...

Russia gives green light to biofuel plant Russia is to start production of an advanced biofuel called bio-butanol. It is a new-generation green fuel made of maize, wheat, sugar-beet, sugar-cane or barley.

Former NATO general blames 1995 Bosnian war massacre on gays

Russian recluse mathematician awarded Millennium Prize

Greek financial problem exaggerated - expert

Russia welcomes public debate on police reform

Moscow-Washington: reloaded

Quartet strikes a chord, calls for Palestinian state in 24 months

Finance Minister warns on rouble

Small business owners get chance at success

Kamaz looking to start Chinese production line

Russian ‘Silicon Valley’ to be built near Moscow

Russia to boost nuclear energy role

Postal delays hurting Russian market

Chinese generator to join with Sintez for Yaroslavl plant

Prime Time Russia

Expats enjoy St. Patrick’s Day celebrations despite heavy snowfall in Moscow

Historama, March 19

Historama, March 18

On Air

Armymen to challenge Italy’s champs en route to Madrid

Futsal legend dies playing

Sudden death defeat for Russian champs in Europa League

Russian recluse mathematician awarded Millennium Prize

Russian ‘Silicon Valley’ to be built near Moscow

What’s inside of me?

My RT-custom sitebar

« previous page

myspace hit counter