Pass the vodka

Bad timing for Merrill Lynch, proudly appointed just three months ago as joint broker to Sibir Energy, controlled by Russians Chalva Tchigirinski and Igor Kesaev...

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Source: Financial Times

Sibir Energy Plunges 57% on Russian Billionaire ‘Bailout’

Sibir Energy Plc, a London-traded Russian oil producer, fell the most since it listed in 1997 after announcing plans to buy $340 million worth of property from billionaire shareholder Chalva Tchigirinski.

Read more Sibir Energy Plunges 57% on Russian Billionaire ‘Bailout’

Source: Bloomberg

Billionaires Wife to Open Contemporary Art Gallery

Stella Kesaeva, a collector of Russian contemporary art and the wife of billionaire Igor Kesaev, is following a recent trend of sorts by opening a museum of contemporary art in Moscow...

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Source: The Art Newspaper