Anti-Russian sanctions

Washington announces new China sanctions
World

Washington announces new China sanctions

The US has blacklisted dozens of companies for allegedly providing support to Russia’s military and defense industrial base FILE PHOTO:…
Ukraine seizes assets worth $463 million from tycoons
World

Ukraine seizes assets worth $463 million from tycoons

Kiev has gone after three Russian bankers associated with the Alfa Group FILE PHOTO: Mikhail Fridman (middle) and Pyotr Aven…
German energy giant admits it’s probably still buying Russian gas
Business

German energy giant admits it’s probably still buying Russian gas

Participants in global wholesale trading cannot track the origin of fuel they purchase, CEO points out Michael Lewis, CEO of…
Russia boosts cross-border settlements in yuan
Business

Russia boosts cross-border settlements in yuan

The currency has even reportedly been used as a means of payment with the UK, US, and EU © Getty Images…
Highest-earning foreign companies operating in Russia revealed
Business

Highest-earning foreign companies operating in Russia revealed

French DIY giant Leroy Merlin is top of the updated list, compiled by Forbes © Getty Images / Petrov Sergey French…
Japanese car industry losing billions over Russia export ban – Reuters
Business

Japanese car industry losing billions over Russia export ban – Reuters

Tokyo has added used vehicles to its automobile ban in line with G7 sanctions Used cars unloaded at the commercial…
Russia to make it harder for foreign companies to leave – Izvestia
Business

Russia to make it harder for foreign companies to leave – Izvestia

Departing firms will need to contribute 15% of the value of their business sale to the country’s budget, the newspaper…
Beer giant terminates license agreements in Russia
Business

Beer giant terminates license agreements in Russia

Carlsberg’s business in the country was previously placed under temporary management © Getty Images / ultramarinfoto Carlsberg Group announced on Tuesday…
Russia not complying with Western oil price cap – deputy PM 
Business

Russia not complying with Western oil price cap – deputy PM 

The country’s crude is being sold at market prices, Aleksandr Novak has said   FILE PHOTO: An oil pumpjack operated…
Germany faces grim long-term economic future – expert
Business

Germany faces grim long-term economic future – expert

A lack of workers is the “greatest burden” on the country’s economy, the Ifo president has warned ©  Getty Images…
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