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Putin aide’s son named head of Russia’s top social network

  Bloomberg The son of Russian President Vladimir Putin’s top domestic policy adviser was appointed the head of the country’s biggest social network after Gazprom PJSC-linked companies bought a controlling interest in it. Vladimir Kirienko, 38, who was previously a first vice-president at state-owned Rostelecom, has been named chief executive officer at VK, the company said in a statement. He ...

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Pressure piles on Mali to stick to vote deadline

  Bloomberg The Economic Community of West African States threatened over the weekend to impose new sanctions on Mali to compel the country’s military leaders to set a timetable for February 27 elections that would restore democratic rule. Ecowas, as the regional economic bloc is known, is considering “economic and financial sanctions” from January 1, according to a statement issued ...

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UniCredit plans to return $18b to investors by 2024

  Bloomberg UniCredit SpA intends to return at least $18.1 billion to shareholders by 2024, rolling out one of Europe’s most ambitious payout plans as part of Chief Executive Officer Andrea Orcel’s first strategy revamp. The Milan-based lender is seeking to distribute 100% of underlying profit in a mix of cash dividends and share buybacks on 2021 earnings, according to ...

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