World Business News

Hermitage and HSBC’s law firms raided in Moscow

Seizure of documents from four law firms by Russian ministry officials raises fears over Kremlin pressure on West

Oil price rallies over tensions with Russia

Political worries over strained relationship between Russia and the West have halted the downward drift of oil price

Lehman Brothers may face hostile takeover

Informal talks were held with two Asian banks over selling a 50% stake in the investment bank but these faltered over price


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