Page 33 - Severstal News Today

(Reuters) - Debt obligations from Russian companies linked to sanctioned billionaires were keeping investors on tenterhooks on Tuesday, as coupon paym...

On March 15, 2022, the U.S., UK, and EU announced new sanctions against various individuals and entities in connection with Russia's invasion of Ukraine.

More than 13 million euros worth of funds and other assets have already been frozen in Lithuania as a result of the EU s...

Alexei Mordashov shifted his majority 34% stake in holiday company TUI the day he was sanctioned by the European Union on February 28.

Mordashov is Russia's joint-second-richest person with an estimated net worth of $21.7 billion. Sefa Karacan/Anadolu Agency/Getty Images Germany is

A lull in processing a key coupon payment heaped global attention on a part of banking rarely in the spotlight: The staid back-office mechanisms that handle trillions of dollars daily.

Russia’s Finance Ministry said that it has sent payment orders for the interest on its dollar bonds to its correspondent bank, giving incremental details on a debt settlement that has come to exemplify how Moscow plans to handle its future relations with creditors.  In a statement Thursday, the Finance Ministry…

Italys operation to seize the building complex on the Mediterranean island was part of a broad, Western drive to penalise wealthy Russians linked to President Vladimir Putin.

The UK significantly increased the number of sanctions designations on 15 March 2022, helped in part by new powers granted under the Economic Crime (Transparency and Enforcement) Act,...

Germany is investigating deals under which most of the stake in TUI held by sanctioned Russian oligarch Alexei Mordashov was transferred to an entity controlled by Marina Mordashova, the worlds... | March 18, 2022