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, … Business • 24 Mar
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 … Business • 07 Apr 22
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 … Business • 16 May 19
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 … Business • 05 Nov 18
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
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 … 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 … 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 … Business • 11 May 18
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
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 … Business • 17 Jul 14
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 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 … Business • 26 Jun 14
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 … Business • 19 Jun 14