LetterOne Technology founder Mikhail Fridman, whom Forbes says is Russia’s second-richest man, with a $15 billion fortune. Photograph: Konstantin Zavrazhin/Getty Images

Denis O’Brien, the founder of Digicel, has reportedly been lined up to join the advisory board of a new fund, founded by a Russian oligarch, that plan(...)

Rosneft must make a second loan repayment of $6.9 billion in February

Russia’s top oil producer Rosneft said on Monday it had met a $7 billion loan repayment, partially easing fears among investors that Western sanctions(...)

BP reported profit that beat analyst estimates because of an improved performance at its fuel trading business. Photo: Bloomberg

BP, Europe’s second-biggest oil company, reported profit that beat analyst estimates because of an improved performance at its fuel trading bus(...)