Analysis: After Yukos&#39; funeral
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Yukos, Russia&#39;s largest privately owned oil company, will be broken up on Sunday. After stumbling under debilitating back-tax claims of over $28 billion, the company&#39;s most important
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If Russian businesses are helping fund the election campaign of President Vladimir Putin&#39;s favored candidate in Ukraine&#39;s presidential election at the Kremlin&#39;s behest, as some political analysts suspect, those businesses may be better off betting on the
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When the Russian government&#39;s 7.6 per cent stake in Lukoil - the world&#39;s No. 2 oil company by reserves - is auctioned Wednesday in the country&#39;s biggest privatization, industry watchers aren&#39;t expecting any surprises.
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The Russian oil giant Yukos said yesterday that management was putting together an emergency plan to continue running the company for a few months, even after the auction of its prize asset in December.
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Russia has sold the heart of the Yukos empire in an auction reminiscent of the country&#39;s notorious privatizations of the 1990s, analysts said Monday, as the former CEO of the oil company offered bitter season&#39;s greetings to the Kremlin from
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MOSCOW, December 19 - Russia completed the dismantling of Yukos Oil today, selling off the country&#39;s largest oil subsidiary to a company that was essentially unheard of until three days ago.
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The troubles of Yukos drive up the price
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The protracted legal battle over Russian oil giant Yukos appeared to enter its final phase Friday when the government set a date to auction off a majority stake in the company&#39;s
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President Vladimir Putin gave his blessing on Friday for state energy firms to bid for oil major YUKOS&#39; assets if bailiffs put them up for sale to recover a huge back-tax bill.
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RUSSIAâS stricken oil industry is facing what some have branded a return to Soviet Union days after gas monopoly Gazprom said it might bid for the production arm of energy giant Yukos.
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YUKOS and its investors were left guessing as to Russia&#39;s next move Monday after its main oil production unit was sold off to Baikal Finance Group, a mystery firm registered in a provincial city.
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Yukos is making a last-ditch attempt to use the US courts to preserve some kind of future for itself. But its adventure as Russia&#39;s biggest private sector company - an
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Russia pressed ahead yesterday with controversial plans to break up the country&#39;s biggest oil company Yukos, setting a date of December 19 for an auction of its main production unit at a bargain basement starting price of $8.65bn (Â£4.88bn).
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MOSCOW - Yukos shares plumbed new depths on Friday after the state aired plans to sell the crown jewel in Russia&#39;s top oil producer for a fraction of its assumed cost in a move worried Western investors treated as disguised nationalisation.
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PETER CAVE: A mystery Russian company has bought what&#39;s been described as the heart of the country&#39;s beleaguered oil giant, Yukos.
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BESLAN, Russia  - Mourners prepared on Sunday for  the first funerals of 330 people killed in the bloody battle  that ended the siege of a southern Russian school on Friday --  but others did not know if loved ones had survived.
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As Yukos, one of Russia&#39;s largest oil companies nears its end, six of its top executives have left the country in fear of possible charges being brought against them.