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By John Helmer in Moscow China is a power behind global commodity flows as well as prices. But Beijing has been slow to understand that it is the horse that pulls the cart; the whip hand belongs to the coachman. Chinese negotiators have already made one colossal mistake in pricing their supply of liquefied natural […]

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By John Helmer in Moscow Co-owner of Polyus Gold Mikhail Prokhorov and chief executive Evgeny Ivanov are planning a roadshow this week to answer questions from minority shareholders. The presentations have been scheduled two weeks before the annual general shareholders meeting of the company, Russia’s largest and most valuable goldminer, due on June 26. Prokhorov […]

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By John Helmer in Moscow After rejecting a share-buy by a Potanin ally, Prokhorov makes a counter-bid to start new share price spiral. The end of Sherlock Holmes came when he and his greatest adversary, Professor Moriarty, wrestle at the cliff’s edge above the Reichenbach Falls, in the Swiss Alps. Locked in combat, they take […]

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By John Helmer in Moscow Profit defeats politics in Ukraine’s bid to make crude oil run uphill. In the annals of topographic desperation, it is unclear which foolish Duke of York did this to his army, but not even the nursery rhyme leaves any doubt about what he did: Oh, the grand old Duke of […]