Ukrainian Dmitry Firtash, arrested in Vienna this month on an American warrant for bribery and other charges, may hand over a treasure trove of information about deals involving Russian state gas exporter OAO Gazprom (GAZP) that the U.S. would consider corrupt, said Mikhail Korchemkin, a former analyst for the Soviet Union’s Gas Ministry in Moscow and founder of Malvern, Pennsylvania-based East European Gas Analysis.
Updated 6 Years ago

In a mystery fit for the tumultuous history of Russia's ostentatious elite, the 8-cm (3-inch) golden egg was spirited out of St Petersburg after the 1917 Bolshevik Revolution and then disappeared for decades in the United States. An unidentified man in the United States spotted the egg while searching for scrap gold and purchased it for $14,000, hoping to make a fast buck by selling it to the melting pot.
Updated 6 Years ago

These days the culture of savings among young Nigerians seems to be on the decline, but efforts are being made to encourage young people to prepare for the future financially. So to commemorate the Financial Literacy Day last week, Access Bank chose Command Secondary School Makurdi, Benue State, to help inculcate the savings culture into young people's minds. Solomon Elusoji reports
Updated 6 Years ago

Mark Zuckerberg already knows a lot about you, your mom, your dad, your friends, what your new baby looks like, where you went on vacation and what you wore to that party last weekend. Now, he wants to get inside your brain.
Updated 6 Years ago

An ally of Russian President Vladimir Putin who heads a bank that was hit by U.S. sanctions over the Crimea crisis suggested on Sunday the move had backfired by helping him win new clients. Yuri Kovalchuk, chairman of Bank Rossiya, also used a rare television appearance to make clear that other wealthy Russians should show their patriotism during the crisis.
Updated 6 Years ago

One of the biggest surprises of the CEO Spacebusiness growth accelerator event in December was the high number of teenage entrepreneurs. It will be interesting to see how the trend holds at the March conference in Las Vegas next week.
Updated 6 Years ago

Guillaume Santacruz, an aspiring French entrepreneur, brushed the rain from his black sweater and skinny jeans and headed down to a cavernous basement inside Campus London, a seven-story hive run by Google in the city's East End. It was late on a September morning, and the space was crowded with people hunched over laptops at wooden cafe tables or sprawled on low blue couches, working on plans to create the next Facebook or LinkedIn. The hiss of a milk steamer broke through the low buzz of conversation as a man in a red flannel shirt brewed cappuccino at a food bar.
Updated 6 Years ago

The federal government and the Republic of Namibia at the weekend proposed the construction of a joint oil refinery to maximise cooperation in the area of energy.
Updated 6 Years ago

China's pace of reforms is a bigger concern than the country's highly leveraged corporate sector for Douglas Oberhelman, chairman and CEO of Caterpillar. "Our customer base in China is fairly solid - we haven't seen the number of defaults, past-dues, repossessions we had seen in the past. I'm not so worried about that," Oberhelman told CNBC Asia's "Squawk Box" on Monday.
Updated 6 Years ago

The sell-off by bearish investors, which has led to a correction in Nigerian stocks this year, means the benchmark share index has got off to its worst start to a year since 2009, after posting one of its biggest annual rallies in 2013.
Updated 6 Years ago