Michael Calvey, the U.S. founder of one of Russia's biggest private equity firms, denied allegations of fraud in a Moscow court on Friday but a judge ordered him to be detained for 72 hours, a move that could raise concerns among foreign investors.
NASA said on Friday it was weighing an option to buy two additional astronaut seats aboard a Russian rocket as a contingency plan against further delays in the launch systems being developed by Elon Musk's SpaceX and Boeing Co.
Thirty years after the Soviet Union left Afghanistan, some Russian politicians are calling for a reassessment of the conflict which critics have long cast as a bloody foreign adventure akin to the U.S. war in Vietnam.
The same Russian social media trolls accused of meddling in the 2016 US election may be to blame for the deadly measles outbreak across Europe last year, according to a new report. Scientists believe the St. Petersburg troll farm also pumped out anti-vaccination propaganda, contributing to the outbreak that killed 72 people and infected more...
German Gref, the chief executive of Russia's biggest state lender Sberbank, said on Friday he hoped the criminal case against Baring Vostok's founder Michael Calvey would turn out to be a misunderstanding.
Michael Calvey, the U.S. founder of the Baring Vostok private equity group, denied allegations of fraud on Friday and told a Moscow court that accusations against him were the result of a commercial dispute between his fund and Vostochny Bank.
is a collection of country and region web sites providing local news and information to a worldwide audience.
Use InsideWorld’s headlines available on this site to access the latest stories. Or sign up today.