Putin wins second term in landslide victory

Russian President Vladimir Putin on Monday won a second four-year term in office defeating his nearest Communist Party rival Nikolai Kharitonov and immediately announced his intention to further......

Images: The conviction of an oil billionaire

The United States has slammed Russia over conviction of jailed tycoon Mikhail Khodorkovsky and his associate, saying "selective application" of the law to them will have a "negative impact" on......

'Yukos case has hit Russia's image'

Acknowledging that the trial against oil tycoon Mikhail Khodorkovsky had lowered trust in Russian economy, Moscow on Wednesday said the Yukos case was a "serious lesson", which should never be......

Zooming oil threatens world economy

Oil cartel Organisation of Petroleum Exporting Countries on Wednesday pledged to pump more oil to soothe frayed nerves as oil prices continued to climb in New York and London after reaching new......

Kumar Birla is richest Asian under 40

Fortune magazine has named Kumar Mangalam Birla, the 35-year-old chairman of the diversified Aditya Birla Group, as the richest Asian under the age of forty.However, Birla has slipped two notches......

High stakes for Putin at costly Sochi Games

The Sochi Winter Olympics are meant to be Vladimir Putin's crowning achievement as Russian leader but are in danger of becoming a symbol of his country's problems. When the Games open with great......