Putin approves Citi’s sale of Russian banks to Mikhail Prokhorov

Putin approves Citi's sale of Russian banks to Mikhail Prokhorov

Putin Approves Sale of Citi’s Russian Banking Operations President Vladimir Putin has approved the sale of Citi’s banking business in Russia to Renaissance Capital, an investment firm owned by billionaire Mikhail Prokhorov, who once owned the Brooklyn Nets. This confirmation came through a presidential order published on the Kremlin website, marking a significant move in […]

Senior Russian Navy officer Mikhail Gudkov is killed near Ukraine

Senior Russian Navy officer Mikhail Gudkov is killed near Ukraine

Russian Naval Commander Killed in Combat Russian military leaders confirmed on Thursday that Major General Mikhail Gudkov, the deputy commander of the Russian Navy, was killed during “combat operations” near Ukraine. He had recently taken on this role, having been appointed by President Vladimir Putin in March. According to reports from state media, Gudkov lost […]