Tuesday, 8 December 2009

A week is a long time in business...

Oh, the dangers of prophesy. "A year of hard work pays off," was how the Financial Times headlined its interview last week with Russia's former richest man, Oleg Deripaska, ahead of a possible initial public offering in Hong Kong for his aluminium group, Rusal.
Not quite. Hong Kong has now delayed the flotation.

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