Russia is sending more crude oil produced in the Arctic region to China and India, and at steeper discounts, after Europe slammed its doors shut on Russian supplies last month, ...
The co-founder of Russian internet giant Yandex (YNDX.O), Arkady Volozh, said goodbye in an internal message to staff on Friday ahead of a corporate restructuring that could see ownership ...
The Russian rouble slumped to an eight-month low against the dollar on Thursday, struggling under the weight of expectations that sanctions on Russian oil and gas may limit export revenues.
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Britain on Friday announced sanctions against 30 people worldwide, including Russian and Iranian officials, targeting those it deems responsible for acts of torture, sexual violence, and the violent repression of street ...
By Louisa Borg Haviara
For centuries, economic sanctions have been used as a weapon of war and included trade bans, closures of ports against enemies, and bans on specific commodity ...
The EU needs to ensure that its Russia sanctions do not negatively impact the bloc or individual member states, especially when it comes to the shipping sector, President Nicos Anastasiades ...
Gazprom Chief Executive Alexei Miller on Wednesday said Western sanctions mean Siemens Energy ENR1n.DE is unable to carry out regular maintenance on equipment for the Nord Stream 1 natural ...
Turkey’s leading TUSIAD business association has received a letter from U.S. Deputy Treasury Secretary Wally Adeyemo warning of possible sanctions risks if companies establish relations with sanctioned Russian ...
A $75-million superyacht linked to a sanctioned Russian steel billionaire was auctioned on Tuesday in Gibraltar, court sources said, in what is understood to be the first sale of its ...
Russia has charged up to third place in a list of countries outside mainland China using the yuan for global payments, highlighting how it is being affected by Western sanctions.
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The U.S. Treasury Department on Friday imposed sanctions on two Russian individuals and four entities it accused of supporting the Kremlin’s global malign influence and election interference operations, ...
The European Union is preparing a seventh package of sanctions against Moscow but it is already clear that it will not curb imports of Russian gas as too many member ...
Switzerland has given a cool response to calls from Ukraine’s prime minister to use frozen assets of ultra-wealthy Russians to help fund his country’s $750 billion reconstruction project.
Ukrainian ...
Our office spoke over the phone to a Reuters journalist who wondered why there has been no strong reaction from Cyprus to EU proposals such as banning the purchase of ...
The council of ministers has given the green light for the creation of a national unit for the enforcement of sanctions.
The unit’s overarching aim is to ensure that ...
While expressing satisfaction with an agreement reached by EU leaders overnight for a sixth round of sanctions against Russia, Government Spokesman Marios Pelekanos also warned of their consequences.
“Given the ...
Cyprus is a constructive participant in EU-wide discussions on sanctions against Russia, government spokesman Marios Pelekanos said on Monday.
He was speaking from Brussels, where he is accompanying President Nicos ...
President Nicos Anastasiades on Saturday said if any sanctions and measures suggested by the EU are not conducive to the bloc achieving its objectives, then they will simply not be ...
The European Union has proposed a phased embargo of Russian oil, tightening its sanctions on Moscow for its invasion of Ukraine. What would the impact be of banning Russian barrels ...
The foreign ministry is in negotiations with Brussels in the hopes of securing an exemption from EU sanctions against Russia in case Cyprus is unsuccessful in obtaining the necessary aerial ...
The cabinet proceeded on Wednesday to revoke a further four Cypriot passports from Russians identified within the latest round of EU sanctions against Moscow
The decision also covers the four ...
The European Union on Friday formally adopted new sweeping sanctions against Russia, including bans on the import of coal, wood, chemicals and other products which were estimated to slash at ...
When Silicon Valley chipmaker Marvell learned that one of its chips was found in a Russian surveillance drone recovered in 2016, it set out to investigate how that came to be.
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Rich Russians who received Cypriot citizenship through the now defunct investment programme are facing an asset freeze under the EU and US sanctions push, as are many others with businesses ...