Oleg Deripaska

GM opens Russia car plant as crisis hits demand

By Simon Shuster and Denis Pinchuk MOSCOW/ST PETERSBURG, Nov 6 (Reuters) - U.S. automotive giant General Motors will launch its first wholly owned Russian factory on Friday, as foreign car makers hope for rapid growth despite...

BasEl Wins Tender for Railroad

07 November 2008Basic Element, billionaire Oleg Deripaska's holding company, has won a tender to build a 34.5 billion ruble ($1.28 billion) railroad in the far eastern republic of Sakha, the company said Thursday. When...

Russian state may gain presence in Norilsk

Oleg Deripaska's UC Rusal said the Russian government could soon gain a presence on the board of Norilsk Nickel, the world's largest nickel miner, after it received $4.5bn in state bailout funds to pay off western creditors

Pandora: Jamie avoids Obama fever

Jamie Oliver is in and out of Downing Street almost as much as his restaurants these days, but it appears that the race for the White House hasn't had him hooked. Waiting outside the House of Commons en route to addressing the...

Aluminum giant RusAl confirms $4.5 bln loan from VEB

MOSCOW, November 5 (RIA Novosti) - Russian aluminum giant RusAl confirmed on Wednesday that it had obtained a $4.5 billion loan from the state development bank Vnesheconombank (VEB) to repay its foreign liabilities amid the...

Mandelson pressured over tycoon

Lord Mandelson is facing renewed calls to explain dealings with Russian tycoon Oleg Deripaska after they fail to appear in his declaration of interests. Liberal Democrat MP Norman Baker described the new business secretary's...

Lord Mandelson decides against declaring dealings with Oleg Deripaska

Lord Mandelson has decided not to disclose any relationship with the Russian oligarch, Oleg Deripaska, in his first declaration of his interests to parliament, it has emerged today.His declaration, published in the latest...

Lord Foster designs 'timeshare' superyachts for crisishit millionaires

Lord Foster, the architect behind some of Britain's most distinctive modern buildings, has shrugged off the global financial crisis with an unlikely new venture - designing super-yachts. A computer-generated image of the inside...

Mandelson declares interests and does not mention oligarch

Lord Mandelson has decided not to disclose any relationship with the Russian oligarch, Oleg Deripaska, in his first declaration of his interests to parliament.His declaration published in the latest edition of the Lords'...

Mandelson warns banks to pass on interest rate cuts to mortgage holders

Peter Mandelson, the Business Secretary, has warned banks that customers will not accept their decision if they fail to pass on interest rate cuts. Gordon Brown, who is also on the four-day tour of the region, has made clear...