Russia threatens Â£1bn UK art show
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Arts & entertainment: Royal Academy in London struggling to save  exhibition after Russia withdraws loans of paintings
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Â· Oligarch accused of Â£250m tanker deals fraudÂ· Demand may worsen crisis in diplomatic relations
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Business & money: Â·  British Gas owner Centrica may be target of Russians Â·  Putin shrugs off warning by Blair on economic ties
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Major heritage projects, from the National Gallery's attempted purchase of a set of Poussin masterpieces to the British Museum's proposed building of a new exhibition space, could be threatened because of lottery money diverted to the Olympics.
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Prices for Russian works of art set a series of new records at auctions in London this week as rich Russians flexed their financial muscles.
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A collection of artworks owned by John Paul Getty II sell for a total of Â£1.7m at Christie's in London.
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MOSCOW, Jan. 14 -- Two British government-financed cultural offices opened for business Monday in defiance of a Russian government shutdown order, leading Russia to retaliate with a formal protest and limitations on visas for British staff members.
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The Russian government has issued a new threat to strip Yukos oil of its production licenses, the Moscow Times reported Monday. Natural Resources Minister Yury Trutnev said
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A Royal Academy exhibition of French and Russian paintings could be cancelled by Russian authorities.
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Russia and Britain traded threats and recrimination on Tuesday as a diplomatic feud over the role of the British government's cultural arm worsened.
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Moscow cancelled a London exhibition of French and Russian masterpieces on Thursday, saying Britain had failed to guarantee their safe return in the latest diplomatic row between the two countries.
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Policy review says Britain may be about to produce 'the greatest art yet created'
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ALARM has spread through the Russian investment community as authorities slapped a tax bill of almost $US160 million ($210 million) on the number two mobile operator, in what is widely seen as a government-linked campaign against the firm.
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Russian authorities demand a further $1.2bn in back-taxes from stricken oil firm Yukos, the Interfax news agency reports.
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Russia said Thursday it would not send paintings to London for a major exhibit unless the British government takes further steps to ensure legal protection for the works.
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A British cultural organization defied a Russian government order to close offices in two cities, creating a fresh strain in the already tense relations between Russia and Britain.
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Russian authorities have canceled a major exhibition of French and Russian paintings set to open in London in January, fearing the art could be seized to settle private legal claims, a museum official said Wednesday.