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Law firm Herbert Smith Freehills has been fined £465,000 after breaching UK financial sanctions on Russia. The City firm made ...

Aleš Michl is not the most traditional central bank governor. He is prone to speak his mind, sometimes without consulting ...

Global stock indices fell on Tuesday. The reason is simple: the United States has introduced new tariffs on goods from Canada, Mexico, and China. President Donald Trump's decision has raised fears of ...

Global stock indices are declining on Tuesday. The reason is straightforward: the United States has introduced new tariffs on goods from Canada, Mexico, and China. President Donald Trump's decision ...

February 27, 2025 Russia's Sberbank reports record 2024 profit of $18.1 billion Russia's largest lender Sberbank reported on Thursday a record annual profit of 1.58 trillion roubles ($18.1 billion ...

Meanwhile, some Russian business leaders expect no relief, Reuters wrote. Herman Gref, head of Russia’s largest bank, Sberbank, said the bank is preparing for even stricter sanctions. “Even if ...

along with specialist e-commerce companies such as Wildberries and Ozon, internet giant Yandex, and deep-pocketed banks including dominant lender Sberbank.

Mikhail Matovnikov, head of the analytical department at state-owned Sberbank, admitted in November that home affordability hit "absolute rock bottom" in Russia. He added that “it has never been ...

When American magazines pulled out of Russia, the editors stuck around and remade them for the country left behind—without ...