Lebedev sells Red Wings for one rouble

Lebedev sells Red Wings for one rouble

The Times 5 April 2013 Alexander Lebedev sold his Red Wings airline yesterday for one rouble (2p) after a fatal crash last year led to the grounding of his fleet. The Russian billionaire — who owns The Independent and Evening Standard newspapers — said on his personal...

Daimler aims to raise Kamaz stake

FRANKFURT/MOSCOW, March 11 (Reuters) – German truckmaker Daimler said on Monday it aimed to raise its stake in Russian peer Kamaz, after Kamaz’s Russian shareholder said talks had stalled over price. Daimler, which owns 11 percent of Kamaz directly, has a...