Top Yukos Executives, Including 2 Americans, Flee Russia
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Top executives say they fear persecution as a result of the company's continuing dispute with the Kremlin.
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Fear of arrest has forced all the top executives at Russian oil giant Yukos to flee the country. The entire management board was in London on Thursday, according to the Financial Times.
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MOSCOW  - In an eleventh-hour move, the Yukos oil company has filed for bankruptcy in a United States Court and is demanding the cancellation of this weekend's auction of its main production unit.
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Three top Citigroup executives, including Vice Chairman  Deryck Maughan, are leaving the financial services giant in the  wake of a scandal at its Japanese private banking unit.
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Three senior executives are leaving AOL following a recent shake-up that brought in a veteran NBC executive as the online company's new chief executive, two people familiar with the matter said Friday.
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Russian oil giant Yukos yesterday increased the stakes in its battle with the Kremlin when it filed for bankruptcy in the United States in an unusual move possibly intended to pitch Washington against Moscow.
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A burgeoning scandal at America&#39;s second-largest financial institution that threatens to undermine the US housing market has seen two top executives forced out.
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Description: Yukos Oil&#39;s main asset is sold at auction to a little-known firm, the Baikal Finance Group. A US State Department spokesman says the Russian company&#39;s breakup has &quot;eroded Russia&#39;s reputation as
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LONDON - The entire management board of the embattled Russian oil company Yukos appears to have fled the country for fear of arrest.
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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, Dec. 19 - Russia dismantled its largest oil producer, Yukos, on Sunday by auctioning off the company&#39;s largest subsidiary to a little-known concern that registered as a last-minute bidder on Friday.
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The embattled Yukos oil company has filed for bankruptcy in the United States and appealed for a temporary restraining order and injunction against the auction of its main production unit that is scheduled for Sunday.
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Moscow - Russia&#39;s justice ministry announced plans Tuesday to break up the Yukos oil giant in a fatal blow to Russia&#39;s largest oil producer and its former Western investor darling who once dared challenge President Vladimir Putin&#39;s rule.
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The legal battle over the future of Yukos, the troubled Russian oil giant, intensified yesterday as first Deutsche Bank filed to dismiss Yukos&#39; claim of bankruptcy protection in the US and then
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Yukos Oil Company , Russiaâs biggest oil exporter, which currently struggles to pay off staggering tax bills, has announced on Monday, September 20 that it will lower crude oil deliveries to China this month, and supply no oil in October, Bloomberg
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Russian officials Wednesday shrugged off the decision by embattled oil giant Yukos to file for bankruptcy protection in the US, saying the move was politically motivated.
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Russian Law Enforcers on Wednesday conducted searches in the main office of the Yukos Oil Company in Moscow and in the office of the Yuganskneftegaz company in the Siberian city of Neftyugansk, the Interfax news agency reported.