Inside Roman Abramovich’s rise from college dropout and Red Army conscript to rubber-duck trader, billionaire oligarch, and wartime peace envoy

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Roman Abramovich is Russia’s most recognizable oligarch.He’s come to the forefront in recent weeks for his role in peace talks between Russia and Ukraine.Here Insider charts his rise from college dropout to billionaire oligarch and wartime peace envoy.Sign up for our weekday newsletter, packed with original analysis, news, and trends […]

Netflix stock price falls nearly 40 percent

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Netflix has caused a bitter disappointment with its quarterly figures presented on Tuesday after the market close: For the first time in more than a decade, the video service reported a decline in its number of subscribers, and for the next quarter it predicts another drop. The reaction on the […]

Putin says the West’s ‘economic blitzkrieg’ has failed — but Russia’s central banker warns the country’s reserves can’t last forever

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“The period when the economy can live on reserves is finite,” said Russia’s top central banker.Russia can’t use nearly half of its $640 billion foreign exchange reserves due to sweeping sanctions.But President Vladimir Putin said the West’s “economic blitzkrieg” against Russia has failed.Sign up for our weekday newsletter, packed with […]

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