Andrew Intrater, a U.S.-based relative of Russian billionaire Viktor Vekselberg, is suing the U.S. Treasury Department for seizing his assets worth millions of dollars, RIA Novosti reported.
The man, who facilitated his wealthy Russian relative's attendance at Donald Trump’s presidential inauguration, accused the government of violating his right against unreasonable...
Russian-born banker holding a UK passport, Grigory Guselnikov, has sold his majority stake in Latvian bank PNB, Intellinews reported citing a statement from the bank.
PNB’s announcement came a day after Guselnikov tweeted about the move.
"A group of US and European investors have decided to take over the majority shareholding...
The level of fixed investment in Russia declined in annual terms in May for the fourth month in a row, the Bank of Russia has said, according to the Moscow Times.
Fixed investment is the purchasing of newly produced fixed capital in physical assets such as machinery, land, buildings,...
Instead of Russian state-run bank VTB, U.S. investment fund HPS Investment Partners, based in New York, will provide a roll-up loan for Croatia’s troubled Fortenova (former Agrokor Group), Poslovni.hr reported.
The big turning point comes after months of negotiations between the interim management of debt-ridden Fortenova, once the biggest food...
Moscow would do all it could to improve relations with the United States, but will not ask Washington to lift the measures, Russian President Vladimir Putin said at the G20 summit on Saturday, according to TASS news agency.
Relations between Moscow and Washington have been strained by years of diplomatic...
U.S. President Donald Trump made a statement over the weekend regarding Turkey’s purchase of S-Russian 400 systems that seemed to contradict members of his administration, who say that Ankara should face sanctions over it.
Trump met with Turkish President Recep Tayyip Erdogan at the G20 summit, after which he acknowledged...
Russia and the United States are considering new talks on limiting their nuclear arsenals, said President Vladimir Putin at the sidelines of the G20 summit in Japan.
Putin, who had met with his American counterpart Donald Trump a day before, was commenting on that meeting, noting that the two had...
Turkish president Recep Tayyip Erdogan met with U.S. President Donald Trump at the G20 summit in Osaka, where Trump urged the Turkish leader not to proceed with the purchase of Russia's advanced S-400 ground-to-air defense system, RFE/RL reports.
After the meeting on Saturday, Erdogan claimed he was reassured by President...
Russian authorities in Kaliningrad have filed a 50-million-ruble ($790,000) civil action against the Estonian captain of a boat seized this month for fishing in a Russian economic zone, local news outlet Postimees reported.
Roxen, a fishing vessel sailing under the Finnish flag and owned by Estonian company Morobell, was seized...
Prominent Russian businessman and founder of car dealership Rolf, Sergei Petrov, says that the ongoing investigation into an alleged $63 million embezzlement was politically motivated.
Petrov and managers of his company are accused of transferring 4 billion rubles ($63 million) in 2014 to a Cyprus-registered company using fake documents, according...
