Oleg Deripaska

MPs' expenses: Is it any surprise that people are suspicious?

MPs be warned: the public is suspicious about your expenses and found you wanting. Parties be warned: get your act together over funding or you will be even more unpopular. The timely warnings come from Sir Christopher Kelly,...

Russian banks feel pinch of economic slowdown

Russian investment banks have started slashing staff as a deepening crisis threatens to stall a 10-year economic boom that had made Moscow a honey pot for bankers and traders seeking multimillion-dollar salaries. The crisis has...

Sleaze watchdog damns MPs 'sense of entitlement' to perks

MPs have been lambasted by the Westminster sleaze watchdog for "a sense of entitlement" over generous expenses as a new poll showed voters' respect for Britain's political class has fallen to a new low.

RICHARD LITTLEJOHN: I'm Mandy, buy me - and Jack'll be £3,000

Jack Straw is the latest leading Labour light to become embroiled in a backhander scandal. 'Capacity for self-delusion': Jack Straw (right) is the latest politician to be embroiled in a back-hander scandal - Lord Mandelson...

MMK Set to Slash Q4 Capex by 40%

Magnitogorsk Iron & Steel Works, or MMK, will slash its capital expenditures for the fourth quarter by 40 percent, the company's vice president, Rafkat Takhautdinov, said in an interview published on its corporate newspaper's...

EU appears ready to return to talks with Russia

The European Union appears poised to resume talks with Russia on the Partnership and Cooperation Agreement it suspended to protest Moscow’s recent military action in Georgia. Leading EU officials in Brussels have long touted a...

Ruble Devaluation Looms on Oil; Troika Sees 30% Drop

By Emma O'Brien and Ye Xie Russia's currency reserves, the third-biggest in the world, are no match for tumbling oil prices and an exodus of capital that may force the central bank to accept a devalued ruble. Now, the...

Race between Gordon Brown and David Cameron to see who'll cut taxes the most

Gordon Brown and David Cameron were locked in an extraordinary race to rebrand themselves as ambitious tax cutters today. Mr Brown's bullish language on tax cuts in recent days and his willingness to pile on the debt to pay for...

Tory MP calls for probe into ?3,000 gift from energy firm that helped pay for Jack Straw's...

Jack Straw could face an official investigation over claims he failed to declare a £3,000 donation from an international energy firm. The Justice Secretary did not disclose the payment from Texas-based Canatxx Ventures in...