A truck transporting a Russian military tank is seen on a roadside near the border with Ukraine in the Rostov region, August 7, 2014. REUTERS/Maria Tsvetkova
MOSCOW (Reuters) - Russia's richest man Alisher Usmanov cut his stake in his business empire to below 50 percent in a planned move to reward management with shares, not in response to any threat of Western sanctions, his company said.
The United States and European Union countries have slapped sanctions on a number of Russian individuals and companies, targeting President Vladimir Putin's powerbase over Moscow's failure to curb violence in Ukraine.
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