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  • Russian oligarch secretly recorded saying Putin is 'very ill with blood cancer,' report says

    10 days ago - By Business Insider

    Russian President Vladimir Putin attends Orthodox Easter mass in Moscow, Russia, on April 24, 2022. Contributor/Getty Images
    A Russian oligarch was secretly recorded claiming that Vladimir Putin has blood cancer, reported New Lines magazine.
    The oligarch, whose identity was withheld for his protection, said he hoped "crazy" Putin would die of cancer.
    Rumors have long swirled about the Russian leader's health.
    A Russian oligarch was secretly recorded saying Russian President Vladimir Putin is "very ill with blood cancer," a report says. A Western venture capitalist taped the conversation in...
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  • Russia's largest shipping company is selling ships to buyers in Dubai and Singapore to repay its debts to western banks, a report says

    10 days ago - By Business Insider

    Russia's Sovcomflot says it plans to sell part of its fleet to repay its debt to western banks. Anton Vaganov/Reuters
    Sovcomflot is selling ships to buyers in Asia and the Middle East to repay loans to western banks.
    Per the WSJ, the deals come ahead of a Sunday deadline for EU companies to stop business with Russia.
    As Russia's largest shipping company, it operates 122 ships, including oil tankers and gas carriers.
    Russia's leading shipping company has sold ships to buyers in Asia and the Middle East to repay its loans to Western banks. The Wall Street Journal and Lloyd's List first...
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  • Putin's hockey pal and Russia's richest man Vladimir Potanin has been 'snapping up banks for cheap' amid an exodus of Western owners

    10 days ago - By Business Insider

    Russia's President Vladimir Putin played hockey with Vladimir Potanin. Mikhail Svetlov/Getty Images
    Putin ally Vladimir Potanin is reportedly snapping up Russian banks at a discount rate.
    Western businesses fled the country en masse following Putin's invasion of Ukraine.
    Per Forbes, Potanin is said to be Russia's richest man - worth just shy of $30 billion.
    Russia's richest man has been snapping up domestic banks at a discount rate, after their Western owners ditched the country, reports say. The Russian economy has been in freefall since the invasion of Ukraine, after Western powers...
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