Leonid Boguslavsky, a billionaire venture capitalist whose name appeared on a U.S. Treasury list of Russian oligarchs that could face closer scrutiny, still sees his next big payout coming from New York, Bloomberg reports.
The Russian businessman, who was an early investor in Russia’s largest internet company Yandex and German food-takeout service...
A subsidiary of Iran’s Mir bank in Russia has been included in the latest United States sanction list, according to Russian news outlet Meduza. The U.S. Department of the Treasury published the full sanctions list for Iran on Monday.
The sole shareholder of the Moscow-based bank is the Iranian bank...
The personal data of thousands of wealthy Moscow residents who subscribed to a regional internet provider has been posted online, Reuters reported on Saturday, adding that compromised data includes names, home addresses and mobile numbers.
The news agency saw several hundred records on an international database and identified data including the...
The Trump administration on Friday restored U.S. sanctions on Iran that had been lifted under the 2015 nuclear deal, but carved out exemptions for eight countries that can still import oil from the Islamic Republic without penalty, Al Jazeera reports. The measures are due to come into effect on Monday.
Russian...
Russia’s Gazprombank said on Friday it did not receive inquiries and official reports from the U.S. Justice Department on a corruption case in the Venezuelan state oil company Petroleos de Venezuela SA (PDVSA) with an alleged laundering of $1.2 billion, RBC reported.
In addition, the events in this case had occurred even...
Sberbank, Russia’s biggest lender, has confirmed its intention to limit payment processing to unlicensed gambling sites, Kommersant reported citing a statement from the bank.
“According to Federal Law No. 244, payments by cards in favor of foreign institutions involved in the organization and conduct of gambling are prohibited,” it...
Russia’s Gazprombank has been identified in testimony by a former Venezuelan state oil company official who said he received millions of dollars in bribes in return for giving them preferential treatment, a source with knowledge of the matter told Reuters on Thursday.
The source also said Anglo-French oil company Perenco was involved in...
Russian second-tier retailer Lenta launched a 12-month GDR buyout program worth $177 million or about 10% of its free-float, the company said last week.
According to the European Supermarket Magazine, the buyout on the LSE will be managed by Credit Suisse.
Lenta joins a growing number of Russian companies that opt for...
Energy, metallurgy and financial sectors were among the agenda items yesterday at a meeting of members of the Greek-Russian Business Council at the offices of the Hellenic Federation of Enterprises (SEV), where they met to discuss exports between the two countries, TASS news agency reports.
According to the latest trade data, Greek...
