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Huawei is rebounding after US sanctions starting in 2019 crippled some of its business lines by restricting access to critical global technologies such as advanced chips

Huawei forecasts 9% revenue growth in 2023

Chinese tech giant Huawei Technologies expects to report revenue exceeding 700 billion yuan ($98.5 billion) for 2023, according to comments from rotating chairman Ken Hu in an internal new year message seen by Reuters.

Business • 29 Dec 23

The two Swiss banks were included in a recent wave of subpoenas sent out by the US government, sources say

Credit Suisse, UBS facing probe over Russia sanctions

Credit Suisse and UBS are among the banks under scrutiny in a US Justice Department probe into whether financial professionals helped Russian oligarchs evade sanctions, according to people familiar with the matter.

Business • 24 Mar 23

The US has imposed sanctions on Sberbank, which holds one-third of Russia's total banking assets

Russia hit with new round of US sanctions

The US has targeted Russian banks and elites with a new round of sanctions, including banning Americans from investing in Russia, in response to what President Joe Biden condemned as "major war crimes" by Russian forces in Ukraine.

Business • 07 Apr 22

The US Commerce Department has added Huawei Technologies and 70 affiliates to its 'Entity List'

US blacklists China's Huawei amid trade dispute

The Trump administration has hit Chinese telecoms giant Huawei with severe sanctions, adding another incendiary element to the US-China trade dispute just as Treasury Secretary Steven Mnuchin said he would visit China soon for more talks.

Business • 16 May 19

The US has re-introduced sanctions against Iran today

Oil up as US imposes sanctions on Iran, Tehran defiant

Oil prices recovered some ground today after five days of heavy losses as the US imposed a range of punitive sanctions on Iran, aiming to curb exports by the Islamic Republic, including its sales of fuel.

Business • 05 Nov 18

Oleg Deripaska and the biggest companies in his empire were included on a US Treasury Department sanctions blacklist in April

Russia tycoon Deripaska resigns as director of Rusal

Russian metals tycoon Oleg Deripaska has stepped down as a director of his aluminium firm Rusal.

Business • 25 May 18

Japanes exports edged up 7.8% i in April due to growth in demand for cars, ships and chip-making equipment

Japan-US trade surplus edges up in April

Japan's politically sensitive trade surplus with the US edged up in April, government data showed today, after Tokyo warned it may take retaliatory measures against US tariffs.

Business • 21 May 18

Rusal says Deripaska has not formally resigned

Russia's largest aluminium producer Rusal said today it has not received a formal resignation from director Oleg Deripaska, and reiterated that its business and prospects may be affected by US sanctions.

Business • 21 May 18

Rusal's Q1 earnings jump, but warns on sanctions impact

Russian aluminium giant Rusal today reported higher first-quarter recurring net profit amid stronger aluminium prices, but warned that sanctions imposed by the US in April could harm its business.

Business • 11 May 18

Oleg Deripaska, Viktor Vekselberg and Suleiman Kerimov are estimated to have lost 7.5 billion since the US sanctions were announced

Sanctions-hit Russian tycoons have lost $7.5 billion

Three Russian tycoons targeted by a new list of US sanctions may have lost a combined $7.5 billion since the list was announced.

Business • 12 Apr 18

Hopes dashed that Russia's syndicated loan mark is reopening.

Ailing Russian loan market hit by new US sanctions

New US sanctions imposed on Russia for its actions in Ukraine will make it more difficult for Russian companies to refinance existing international loans and has dashed hopes that Russia's syndicated loan market is reopening, bankers said.

Business • 17 Jul 14

BNP Paribas says it has ample funding to back huge fine imposed by US authorities

BNP Paribas has 'ample' funding to pay US fine

BNP Paribas has ample funding to back the fine and penalties it must pay under settlements with US authorities over violated US sanctions.

Business • 01 Jul 14

BNP Paribas set to pay a nearly $9 billion as part of a larger settlement with US authorities

BNP facing year ban on processing dollar payments

BNP Paribas is likely to be suspended from converting foreign currencies to dollars on behalf of clients in some businesses for as long as a year, according to sources

Business • 26 Jun 14

A proposal by BNP which would have seen it pay less than $10 billion had been turned down - sources

US authorities and BNP fail to agree on fine

Latest talks between US authorities and BNP Paribas on the level of fine it could pay for breaching US sanctions have failed to produce an agreement, sources say.

Business • 19 Jun 14

Us Sanctions