Golden Globes go to China

Golden Globes: The Dalian Wanda Group,  the  real-estate conglomerate owned by Chinese billionaire Wang  Jianlin, has  finalised…

Wanda quits Spain and turns attention to France and $3.3bn EuropaCity

EuropaCity: Billionaire Wang Jianlin’s Dalian Wanda Group has agreed to sell the Edificio Espana building in…

Dalian Wanda buys another cinema chain as Wang Jianlin presses on

Chinese multinational conglomerate Dalian Wanda has bought the Odeon & UCI cinema chain from the Terra Firma…

Adidas planning major push into China as demand defies economic slowdown

The German multinational sportswear manufacturer Adidas is planning to open a further 3,000 retail outlets in China…

Chinese consortium eyes up stake Formula One takeover bid

Eleven years after China joined the  Formula One motor racing circuit, a group of Chinese firms lead…

First casino opens in Primorye gambling zone

The first casino in the far eastern Primorye gambling zone –  that is being billed as Russia’s…

Japanese group ready to invest $450m in leisure complex on Russky Island

Japan’s Iida Group Holdings is prepared to pump up  to $450m into Russky Island to develop a…

Sports Innovation Centre planned for Moscow

Sports Innovation Centre planned for Moscow:  Skolkovo Technology Park and the Russian Olympic Committee are joining forces to…

Sochi chalet prices growing faster than Gstaad says Frank Knight

Sochi chalet prices grew at 4% between June 2013 and June 2014, faster than in Gstaad…

Primorye gambling zone builds up momentum

Primorye gambling zone: After years of stagnation, plans for a gambling zone  designed to tempt wealthy Asian and domestic…

Facebook eyes up Russian social media start-up for film buffs

Facebook is reported to be showing a keen interest in CinemaWell.com, a new Russian online social network…

Pushkin Square McDonald’s branch reopens

Pushkin Square McDonald’s: McDonald’s first-ever Russian fast-food outlet in Moscow’s Pushkin Square re-opened earlier this week…

McDonald’s Kazakhstan franchise to open next year

McDonald’s Kazakhstan franchise: Kairat Boranbayev, Chairman of both KazRosGas and Kairat FC, has been granted the franchise…

Potanin sells Cinema Park chain to Kerimov

Potanin sells Cinema Park: Vladimir Potanin, owner of the Interros conglomerate currently sitting 76th in the…

McDonald’s plans 40 new Siberian outlets despite watchdog claims

McDonald’s plans : Despite having has several of its restaurants closed down by Russia’s health watchdog this…

Victor Kharitonin buys into Nürburgring German FI race track

Victor Kharitonin, the Russian billionaire,  has bought a majority stake in the Nürburgring German Formula One race track…

Kidburg 40% stake acquired by CapMan Russia II investment fund

Kidburg: Investment fund CapMan Russia II has acquired a 40% stake in Kidburg, the Russian company behind…

Yandex scanners to be installed in Formula Kino cinemas

Yandex scanners: Russian internet and search engine giant Yandex has agreed to install its scanners in the foyers…

Malofeyev to build first Russian history theme park

Russian history theme park: Billionaire Konstantin Malofeyev has signed an agreement with France’s Puy du Fou International to build…

Sochi gambling zone given go-ahead

Sochi gambling zone: The State Duma  last week passed a law giving Crimea and, unexpectedly, Sochi the right to establish…

Russian computer games market enjoys growth spurt

Russian computer games market: Russia’s computer games market is one of the fastest growing in the world,…

Russian online gambling ban could be lifted

Russian online gambling ban: The Russian government’s five-year ban on online poker sites could be lifted as…

Crimean gambling zone licences to cost RUB500m

Companies planning to be part of the planned Crimean gambling zone will have to invest a…

Wanda Group chief to visit Moscow

Wanda Group: Chinese property magnate  and Wanda Group chief Wang Jianlin is due to visit Moscow this…