Israel and Syria agree to ceasefire, says U.S. ambassador to Türkiye
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-bor...
Russian billionaire Vadim Moshkovich, founder of Rusagro, faces charges of embezzling 30 billion roubles ($357 million). His arrest is among the most high-profile in Russia’s business world in recent years.
Prosecutors on Wednesday charged Vadim Moshkovich, the billionaire founder of Russia’s leading agricultural company, Rusagro, with embezzling 30 billion roubles ($357 million), according to state news agency TASS.
Moshkovich, a former member of Russia’s upper legislative chamber who, according to Forbes, has a fortune of $2.7 billion, was arrested last week alongside another senior Rusagro executive.
A Moscow court ordered his pre-trial detention for two months last Thursday. If found guilty, he could face up to 10 years in prison.
TASS reported that the charges stem from a transaction to acquire an 85% stake in the Solnechnie Produkty oil and fats company from its founder, in exchange for an investment that was never made.
Moshkovich has denied any wrongdoing.
His prosecution, after rising from selling computers in post-Soviet Russia to establishing one of the country’s most influential agricultural conglomerates, has sent shockwaves through Russia’s business elite.
It marks the most high-profile arrest of a Russian businessman since Ziyavudin Magomedov, founder of the Summa shipping and logistics group, was detained in 2018, and Vladimir Yevtushenkov, a shareholder in AFK Sistema, was placed under house arrest in 2014.
The world’s biggest dance music festival faces an unexpected setback as a fire destroys its main stage, prompting a last-minute response from organisers determined to keep the party alive in Boom, Belgium.
China and the Association of Southeast Asian Nations will send an upgraded ‘version 3.0’ free-trade agreement to their heads of government for approval in October, Chinese Foreign Minister Wang Yi said on Saturday after regional talks in Kuala Lumpur.
Germany's export slump since 2021 is largely driven by deep-rooted competitiveness issues, the Bundesbank warned in its latest report, calling for urgent structural reforms.
Israeli researchers have unveiled an artificial intelligence tool that can determine a person’s true biological age from tiny DNA samples with remarkable precision.
Two Harry Potter actresses, Emma Watson and Zoe Wanamaker, have each received a six-month driving ban after separate speeding offences, both sentenced on the same day at a Buckinghamshire court.
North Korea has stopped foreign tourists from visiting its new Wonsan-Kalma resort just weeks after it welcomed the first Russian visitors.
U.S. President Donald Trump says Coca-Cola has agreed to use real cane sugar in the U.S., though the company has not confirmed the claim.
The U.S. ambassador to Türkiye says Israel and Syria have reached a ceasefire deal supported by Türkiye, Jordan, and regional actors after cross-border strikes this week heightened tensions.
The Trump administration has completed a controversial prisoner swap with Venezuela, returning around 250 deported Venezuelans in exchange for 10 American detainees.
Congo and the M23 rebel group have agreed on a declaration of principles after months of Qatar-mediated talks, aiming to end fighting in the country’s east.
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