Business

Business, News, TOP newsbrandy, The Ministry of Commerce of the People’s Republic of China

China responds to EU duties by demanding a deposit for brandy

The Ministry of Commerce of the People’s Republic of China published a decree introducing temporary anti-dumping measures in the form of collateral for imported brandy from the European Union. According…

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Business, News, Russia, TOP newsHWC International, MAZ Moskvich, Moskvich, Renault

Moscow Arbitration Court remembers US sanctions on the former Renault plant

The logistics operator tried to sue Moskvich Automobile Plant for 21 million rubles, but was refused after providing documents, sanctions, and information about an unfriendly country. PDK, a legal entity…

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Business, News, Russia, TOP newsAlfa Bank, Mikhail Fridman

UK imposes sanctions on the Belarusian Alfa-Bank

The UK has imposed sanctions on the Belarusian Alfa-Bank, which is part of the international financial consortium Alfa-Group. The British authorities explained the inclusion of the Belarusian Alfa-Bank in the…

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Business, NewsFlying Fox yacht, Inga Rettich

U.S. removes several entries related to Russia from its sanctions list

The United States has removed several entries related to Russia from its sanctions list. The Office of Foreign Assets Control (OFAC) announced the removal of the following entries from the…

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Business, News, TOP newsAgrotorg, Oracle, Pyaterochka

Oracle’s Russian distributor is responsible for the consequences of the company’s withdrawal

Oracle's Russian distributor is responsible for the consequences of the company's withdrawal from Russia. The Moscow Arbitration Court ruled to recover 29.7 million rubles (approximately 290,000 euros) from FORS Distribution…

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Business, NewsIntegral Concierge Services, The Office of Financial Sanctions Implementation

OFSI fines a company for helping a designated person

The U.K continues to fight entities which support sanctioned companies and individuals. The Office of Financial Sanctions Implementation (OFSI) issued a monetary penalty to Integral Concierge Services (ICS) for breaching…

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Business, News, Russia, TOP newsCryptex, Sergey Sergeevich Ivanov

Sanctions and a reward of up to $10 million: The US hits Russian cryptocriminal

The US Department of the Treasury has announced sanctions against Russian national Sergey Sergeevich Ivanov and Cryptex, a virtual currency exchange registered in St. Vincent and the Grenadines. According to…

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Business, News, RussiaAmsterdam

An Amsterdam-based company has been fined for violating sanctions imposed against Russia

An Amsterdam-based company has been fined for violating sanctions imposed against Russia. The Amsterdam company and its director have entered into a settlement agreement as part of a deal to…

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Business, News, TOP newsLLC Sothebys, Sotheby's

Sotheby’s eliminates its subsidiary company in Russia

Sotheby', one of the world's largest brokers of fine and decorative art, jewellery, and with headquarters in New York City, eliminates its Russian subsidiary - LLC Sothebys. According to the…

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