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13.01.2010, 18:17 2 comments

Sharapova signs record-breaking advertising deal

Tennis star Maria Sharapova has netted the biggest advertising deal ever for a sportswoman, signing a $70 million contract with Nike.

Kenyon Martin of the New Jersey Nets (AFP Photo / Jeff Haynes) 12.05.2010, 12:49 1 comment

NBA approves Nets sale to Russian billionaire

The NBA has officially approved Russian billionaire Mikhail Prokhorov’s bid to buy a majority share of the New Jersey Nets basketball club.

22.12.2009, 13:02

“Positive prospects for Russian biathletes and Nets deal” – Prokhorov

The results in Pokljuka show that Russia has a team capable of achieving great results, says country’s richest man Mikhail Prokhorov, President of the Russian Biathlon Union.

13.10.2010, 12:29 17 comments

Silicon visitors push private for Skolkovo

America's Silicon Valley founders suggest “taking government out” and letting Russian startups grow through private money, but some also note that Russian factors lead to more government involvement.

Dmitry Medvedev (R) and Arnold Schwarzenegger (RIA Novosti / Mikhail Klimentyev) 11.10.2010, 18:45 29 comments

Russia can learn from America – Medvedev

Russia can learn from Americans how to tackle corruption and turn new products into money, President Medvedev has said at a meeting with the US businessmen delegation led by Californian governor Schwarzenegger.

RIA Novosti / Marina Lystseva 20.10.2010, 14:49 1 comment

Privatization to bring changes to air transport

The governments push to privatize state owned assets is likely to see state owned assets at Moscow’s Sheremetyevo airport and a stake in Russian air flagship, Aeroflot, put on the block.

Mistral helicopter carrier (AFP Photo / Kirill Kudryavtsev) 09.02.2010, 21:24 15 comments

France OKs carrier sale to Russia

France has agreed to sell the Mistral helicopter carrier to Russia. The Russian Navy also has its eyes on three more similar vessels in the future.

13.09.2010, 07:27 17 comments

Weapons ads on Washington subway-just part of the scenery

Over $US 600 billion a year is how much the most powerful military machine on Earth spends on defense, and it is fueled by nothing other than US taxpayer's money.

30.04.2010, 09:02

Outsourcing security greases corporate warmongering

American anti-war activists are turning their sights on the big businesses that are behind their country's military machine. They say that so long as conflict creates cash, there will be no end to US involvement in wars.

17.07.2010, 13:07

Bulgaria and Russia push forward on South Stream

On Saturday Bulgaria and Russia signed a detailed agreement on the South Stream gas pipeline project.

Russian basketball to get NBA treatment

Published: 01 October, 2009, 02:56


Image from zimbio.com

Russian billionaire Mikhail Prokhorov, the new owner of the New Jersey Nets basketball team, says the deal will provide a boost for the sport back in his homeland.

 
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