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The Latest Breaking News from VTB

Russia's Largest Online Retailer Is Being Targeted By Ukrainian Drones Attack As Part Of Its New Strategy: Hitting Moscow's Economy

Wildberries, Russia's largest online retailer, has repeatedly seen its infrastructure hit, disrupting one of the country's most important business networks while forcing the Kremlin to consider financial support.

International Business Times

Why Ukraine is targeting Russia’s ‘Amazon’ Wildberries with major strikes

At least 20 Wildberries warehouses have been attacked since July 18

The Independent UK

Ukraine war briefing: Wildberries attacks shake Russian economy and banking

Kremlin and state bank VTB may be forced to prop up online retailer amid crippling Ukrainian attacks; Kyiv prosecutors may target Lukashenko. What we know on day 1,617

The Guardian - AU

From analysis to the latest developments in health,
read the most diverse news in one place.

Revealed: UK oil refinery owner moved Russian loans to offshore subsidiary where sanctions did not apply

MPs call for investigation into Essar Energy, owner of Stanlow refinery, which shifted loans from ‘Putin’s piggy bank’ VTB to Mauritius

The Guardian - UK

Glencore's £3.5 bn Kazakh mining deal raises important questions

Little detail has been disclosed publicly about the funding structure behind the proposed Kazzinc purchase

Evening Standard

SFO and mining firm ENRC agree settlement over legal claims

Agency had been investigating Kazakh company for suspected corruption and fraud over 12 years

The Guardian - UK

Russian Court Cancels Seizure Of Jpmorgan Bank Funds

Russian court cancels seizure of JPMorgan funds in dispute with VTB, impacting global financial institutions.

Top News

Payment crisis leads to uncertainty over India-Russia defence deals

Three of the five S-400 regiments contracted under a $5.43 billion deal in 2018 have been delivered but the other two are delayed

The Hindu

U.S. targets Russian financial services sector, businessman Potanin

The United States on Thursday targeted Russia's financial services sector and Russian businessman Vladimir Potanin, increasing pressure on Moscow over its invasion of Ukraine.

Reuters

Mozambique court finds former president's son, others guilty over $2 billion scandal

A Mozambican court on Wednesday found a former president's son and 10 other people guilty on charges related to a $2 billion "hidden debt" scandal that crashed the southern African nation's economy, sentencing them each to more than 10 years in prison.

Reuters

Campaigners query UK government’s ability to identify oligarchs’ assets

Transparency International says 33 properties worth £700m may be linked to sanctioned Russians

The Guardian - UK

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Tribune News Service

Putin’s war means Russia’s rich aren’t welcome at Davos anymore

The rich and powerful flocking to Davos this year won’t be forced for once to bear the icy winter wind, but the frostiness toward Russia, whose oligarchs have thrown some of the most famously glitzy parties at the World Economic Forum, will be palpable.

The Guardian - UK

Putin’s daughters targeted in US sanctions against Russia

Joe Biden links new measures directly to accounts of atrocities committed by Russian forces in Bucha

Liverpool Echo

Wirral oil refinery explains relationship with Russian firm after UK ban

Essar Oil UK confirmed a shareholder has "arrangements" with a sanctioned bank

Birmingham Post

Stanlow refinery owner clarifies relationship with sanctioned bank as UK Government moves to ban Russian oil

Essar Oil UK acquired the Stanlow refinery at Ellesmere Port from Shell in 2011

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news in one place.

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The Guardian - UK

Russia: the oligarchs and business figures on western sanction lists

We take a look at those blacklisted by the US, EU and UK so far

Asharq Al-Awsat

EU Bars 7 Russian Banks from SWIFT, but Spares Those in Energy

The European Union said on Wednesday it was excluding seven Russian banks from the SWIFT messaging system, but stopped short of including those handling energy payments, in the latest sanctions imposed on Russia over its invasion of Ukraine. Russia's second-largest bank VTB, Bank Otrkitie, Novikombank, Promsvyazbank, Bank Rossiya, Sovcombank and…

Reuters

Russian banks face exclusion as allies deploy 'financial nuclear weapon'

The United States, Britain and European Union ratcheted up sanctions against Moscow on Saturday as Russia continued its assault against Ukraine, saying they would block access to the SWIFT international payment system.

The Guardian - UK

Russia’s VTB Capital suspended from London Stock Exchange

Company can no longer trade in City after UK imposes sanctions against Russian firms and individuals

The Guardian - UK

Russia’s civil aviation authority bans UK flights; oil and gas prices retreat – as it happened

Brent crude back below $100 a barrel as global shares rebound and Russian stocks, bonds and rouble recover, even as Russian troops advance on the Ukrainian capital

Reuters

U.S. hits major Russian banks with sanctions over invasion of Ukraine

The United States on Thursday imposed sanctions on Russia in retaliation for its invasion of Ukraine, targeting its two biggest banks and members of the elite in new measures as Washington warned more action could come.

The Guardian - UK

Boris Johnson announces ‘largest ever’ set of sanctions against Russia

British PM sets out wide-ranging new measures against Moscow in wake of invasion of Ukraine

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