Russian tycoon seeks to buy newspaper Vedomosti: report
MOSCOW (Reuters) - Onexim, the holding company of Russian tycoon-turned-politician Mikhail Prokhorov, is interested in buying Russian newspaper Vedomosti, the paper reported on Friday citing unnamed sources.
Onexim had sent a letter to Citibank, which is seeking buyers on behalf of Finnish media company Sanoma, expressing interest in buying Vedomosti, the paper and Russian agency Prime reported.
Sanoma owns around a third of Vedomosti, which it co-publishes via its Russian subsidiary Sanoma Independent Media alongside Pearson's Financial Times and News Corp's Wall Street Journal.
Sanoma said in October it had put its operations in Russia,
central and eastern Europe, and Belgium, under review, as it announced plans to axe 32 of its 250 magazine titles and up to 570 jobs.
Prokhorov, owner of U.S. basketball team the Brooklyn Nets, ran unsuccessfully against Vladimir Putin in the last presidential vote.
Sanoma, Onexim and Sanoma's Russian unit declined comment. Citi, Vedomosti, Pearson and News Corp were not immediately available for comment.
FRANKFURT - The Federal Reserve Bank of New York has found serious problems in Deutsche Bank AG's DBKGn.DE U.S. operations, including shoddy financial reporting, weak technology and inadequate auditing and oversight, people close to the matter told Reuters.
BEIJING/HONG KONG - China reiterated its opposition on Thursday to a European Union plan to limit airline carbon dioxide emissions and called for talks to resolve the issue a day after its major airlines refused to pay any carbon costs under the new law.