A Russian conglomerate will be allowed to buy out the coal-mining companies previously owned by Ukrainian oligarch Rinat Akhmetov, the Kremlin confirmed on Thursday. President Vladimir Putin approved the sale in line with the standing anti-sanctions measures. The joint stock company ‘Best Solution’ will acquire 100% of the shares of …
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Elon Musk, the world’s richest man, has tweeted in praise of the recession facing the US in response to a follower’s question, suggesting it’s actually a “good thing” because “it has been raining money on fools for too long.” He blamed “Covid-19 stay-at-home stuff” for “tricking” people into thinking they …
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Billionaire Rinat Akhmetov, the richest man in Ukraine, has pledged to restore the damage brought to the country amid Russia’s military operation, in an interview with Reuters published on Saturday. “We will rebuild the entire Ukraine… I trust that we all will rebuild a free, European, democratic, and successful Ukraine,” …
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Twitter investor, Marc Rasella, has accused the SpaceX founder and the world’s richest man, Elon Musk of making him lose money through “misleading statements” about his purchase of a large stake in Twitter on Tuesday. The plaintiff, who seeks class action status for his case on behalf of investors who …
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The CEO of Tesla and SpaceX, Elon Musk, has become the world’s richest person, according to Forbes magazine’s latest billionaires list, published on Tuesday. Musk is atop the World’s Billionaires list for the first time ever. As of March 11, the businessman was worth an estimated $219 billion, after his …
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Russia’s richest people have lost about a third of their wealth over the past week, due to Western sanctions over the war in Ukraine, according to the latest Bloomberg Billionaires Index. The impact of US and EU sanctions against Russian oligarchs and the collapse of the ruble has seen their …
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“Low-income countries will find it increasingly difficult to service their debts,” as the G20’s debt service suspension initiative is expiring at the end of the year and interest rates are poised to rise, IMF Managing Director Kristalina Georgieva and the head of the strategy, policy, and review department, Ceyla Pazarbasioglu, …
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Clips posted by NBC correspondent Laura Strickler from outside the palatial residence, said to be belonging to Deripaska, show officers wearing masks and FBI windbreakers standing guard at the perimeter. In 2018, Deripaska was targeted by the US Treasury Department sanctions after officials claimed he acted as a proxy for …
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Two founding members and a top investor at the company cracked into the catalogue of American affluence this week. The list charts the 400 richest citizens by net worth, and now includes Moderna’s chairman and co-founder, Noubar Afeyan, another co-founder, Robert Langer, as well as Timothy Springer, among the firm’s …
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Kill anything that moves March 15, 1968 was a normal day in America. The sun was shining. The birds were chirping. Race riots in Mississippi were entering their fifth day or so. And at the other end of the globe, in Vietnam, soldiers of the Americal Division’s Charlie Company, 1st …
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