Moscow court reduces suspended sentence of US investor

Baring Vostok founder Michael Calvey was found guilty in 2021 of embezzling several million dollars in Russia The suspended sentence of US private-equity investor and Baring Vostok founder Michael Calvey has been reduced by two months after an appeal, Interfax reported on Thursday, citing a court ruling.

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Germany mulling sale of stake in top gas importer – Bloomberg 

Uniper was nationalized after facing €40 billion in losses due to the halt in Russian gas supplies The German government is preparing to sell part of its 99% stake in the country’s main gas importer Uniper, which was bailed out during the energy crisis of 2022, Bloomberg reported on Wednesday, citing people familiar with the…

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Chinese defense chief promises support to Russia on ‘Ukrainian issue’

Chinese Defense Minister Dong Jun has told his Russian counterpart, Sergey Shoigu, that strategic cooperation between Moscow and Beijing is a pillar of maintaining peace around the globe, in his first public appearance since his appointment at the end of last year.

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