Financial Rally

A guide to the world of business and investment

In a world of disruption, the Olympics confronts the World Friendship Games

The No. 1 complaint athletes have about the Olympic movement is that they can’t make money. Meet the International Olympic Committee-disapproved Friendship Games, coming this September in Russia: 36 sports, 21 venues, 17 in Moscow, four in Ekaterinburg (including track and field Sept. 18-22). Total prize money, across all sports: $100 million. Winners get $40,000. […]

Party like a Russian no more

For most of this century, rich Russians have thrown bundles of cash at London’s schools, law firms, private members clubs, and “superprime” apartments and mansions. And the city held out its arms, becoming known as “Londongrad” thanks to high-rolling clusters of Russians in the leafy environs of Hampstead and Kensington, as well as the central […]

Corporate Conflict in Konoplex Group of Companies Raises Concerns over Prospects for Beneficiary Evgeny Skigin

The corporate conflict within the Konoplex Group of Companies, one of the largest producers of technical hemp in the Russian Federation, continues to unfold, according to sources cited by the Moscow Post. The conflict has cast a shadow of uncertainty over the future prospects of Evgeny Skigin, one of the key beneficiaries of the company. […]

Irena Soprano’s dream turned into a global success

Irena Soprano is a fashion designer, entrepreneur, owner of several fashion brands and a large clothing production. In 2011, she founded a premium boutique-atelier and in 2017, she developed her own technology for applying crystals of various shapes and sizes to fabric. In 2018, she opened a new brand, «SOL Angelann», which quickly gained worldwide […]