Russian billionaire Mikhail Prokhorov lost 53 million US dollars deposit on a 530 million USD villa in southern France after a court ruled Tuesday that he failed to complete the purchase. The ...

Mikhail Prokhorov, also known as the Richest Man in Russia and hopeful new owner of the New Jersey Nets NBA franchise, is reportedly planning to launch a new city car through his Onexim Group.

Prokhorov's investment, a mere €150 million ($201 million U.S. at the current exchange rate), will supposedly fund construction of the facility and production of the the hybrid vehicles.

1 / 12Nets Owner Mikhail Prokhorov demonstrates a sampling of Tescao drills for the team. 1 / 12Nets Owner Mikhail Prokhorov demonstrates a sampling of Tescao drills for the team. 1 / 12 If you ...

MOSCOW, November 28. /TASS/. Russian businessman Mikhail Prokhorov, former president of the Russian Biathlon Union, has said he is prepared to initiate court proceedings against the former chief ...

Brooklyn Nets owner Mikhail Prokhorov spoke with the media prior to the Nets game against the Oklahoma City Thunder and the topic of former Brooklyn head coach Jason Kidd came to the forefront of ...

As Soglasie isn't blacklisted by any western nation, the new permit provides a safe option for tanker operators that haul Russian barrels to India ...

Mikhail Prokhorov's Onexim Group, which first announced the Yo-hybrid line of vehicles in 2010, is walking away from the effort. Onexim is selling the company to the state-owned Nami Institute for ...

Yo-Auto, the Mikhail Prokhorov-owned automaker that's been making plans to build the first Russia-made hybrid car, will scale down production of its Yo-Mobile to less than half of its previous ...

Joe Tsai, the co-founder of Alibaba, bought 49% of the Nets from Mikhail Prokhorov in 2018 and the remaining 51% in 2019. That deal valued the team at $2.35 billion, not including Barclays Center.

In his first media availability in nearly a year, Brooklyn Nets owner Mikhail Prokhorov stated that he would be willing to sell part of the Nets franchise as long as he's remaining in majority ...

Directorate General of Shipping authorized Soglasie Insurance Co. to provide insurance for vessels entering Indian ports ...