Word: alfa
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...white bulletproof Alfa Romeo carrying Antonio Cassarà, 38, the head of Palermo's homicide squad, turned into the courtyard of the housing complex, Laura Cassarà waved to her husband from their apartment window. Cassarà and his two escorts sprinted up the steps leading to the building, but before the policeman could turn the doorknob, three Kalashnikov submachine guns sprayed a flood of bullets from the windows of three floors of a building across the street. Cassarà and one of his bodyguards died in the fusillade...
...many consumer-goods firms who got into the market early are now enjoying fast-growing sales. Already some wealthy Russian oligarchs have jumped into Ukraine's market. They include Oleg Deripaska of the aluminum group Rusal, which has acquired Ukraine's Mykolayiv alumina refinery, and Mikhail Fridman of Alfa Group, which has an oil refinery in the country. The trick for Ukraine's new government is to keep such momentum going and build on it. The events of the past few months have "created a high level of trust and confidence in this country," says Kinakh, the First Deputy...
...stake, went bankrupt. At the time, oil was near $10 per bbl., the Russian economy was sliding into crisis, and BP found its stake wasn't big enough to influence Sidanco's management. BP also ended up at loggerheads with other Russian shareholders at Sidanco, members of the private Alfa investment group headed by billionaire Mikhail Fridman. But Sidanco got back on its feet, and despite the earlier disputes, BP agreed to team up with Alfa to do the much bigger TNK deal. To help mitigate the political risk, BP took pains to keep the Russian government informed...
...time, oil was near $10 per bbl., the Russian economy was sliding into crisis, and BP found its stake wasn't big enough to influence management of the company, called Sidanco. BP also ended up at loggerheads with other Russian shareholders at Sidanco, members of the private Alfa investment group headed by billionaire Mikhail Fridman. But Sidanco got back on its feet, and despite the earlier disputes, BP agreed to team up with Alfa to do the much bigger TNK deal. To help mitigate the political risk, BP took pains to keep the Russian government informed, and the final agreement...
...INDICATORS Risky Business Journalism A British court threw out an unprecedented $420 million claim made by stockbroker Collins Stewart against the Financial Times newspaper. The firm claimed damages based on the fall in its share value following the August 2003 publication of allegations of malpractice. Meanwhile, Russia's Alfa Bank won an $11 million claim for damages against Kommersant, after a Moscow court agreed the newspaper falsely reported financial difficulties at the bank last July...