The European Union’s forthcoming sanctions on Russia will target banks, in particular, Sberbank, as well as oil, the head of the European Commission Ursula von der Leyen, told a German newspaper. Bild am Sonntag, in an interview published on Sunday, asked her to name the key points of a planned sixth round of sanctions. “We…
New EU Sanctions on Russia to Target Sberbank, Commission Head Tells Paper
Russia’s Sberbank Says Sanctions Limiting Some Forex Transfers in Russia and Abroad
Russia’s largest lender Sberbank on Friday said sanctions on its operations meant its customers would be unable to transfer funds in certain foreign currencies to accounts at other banks, both in Russia and abroad. Unprecedented Western sanctions have hit the heart of Russia’s financial system over events in Ukraine and Sberbank was among the companies…
Defying Sanctions, Russia’s Sberbank Adds Smart TVs to Technology Offering
Russia’s top lender Sberbank, with its international operations heavily compromised by Western sanctions against Moscow over events in Ukraine, on Tuesday unveiled a range of smart TVs, the latest addition to its technology arsenal. Sberbank has been developing its non-financial businesses, such as e-commerce, technology, and cloud services, in an attempt to combat shrinking margins,…
Top Russian Lender Sberbank Ready for Anything as Sanctions Loom
MOSCOW—Russia’s largest lender Sberbank said on Thursday that it was prepared for any developments as the threat of sanctions grew after Russian forces attacked Ukraine, sending shares in Russian banks crashing. Russian forces invaded Ukraine by land, air, and sea on Thursday, confirming the worst fears of the West with the biggest attack by one…
Sberbank, VTB Shares Rebound as Russia’s Top Banks Escape UK Sanctions
MOSCOW—Shares in Russia’s two largest lenders, Sberbank and VTB, reversed early losses to trade higher on Tuesday after the state-controlled groups escaped British sanctions on Russian banks. British sanctions targeted Bank Rossiya, Black Sea Bank, Genbank, IS Bank, and Promsvyazbank—smaller lenders of which only the latter is on the Russian central bank’s list of systemically…
US News
Deprecated: implode(): Passing glue string after array is deprecated. Swap the parameters in /home/xtreme/public_html/wp-content/plugins/wp-rss-retriever/inc/lib/simplepie/library/SimplePie/Parse/Date.php on line 544
Deprecated: implode(): Passing glue string after array is deprecated. Swap the parameters in /home/xtreme/public_html/wp-content/plugins/wp-rss-retriever/inc/lib/simplepie/library/SimplePie/Parse/Date.php on line 545
- City News ServiceINGLEWOOD, Calif.—A man’s body was pulled from the lake at SoFi Stadium in Inglewood July 6, and an investigation into the man’s death was underway. Firefighters were sent to the… [...]
- Bill PanA school board director in Washington state says she will host events at an “identity-inclusive” and “not creepy” adult store she owns and discuss topics such as “sexual anatomy for… [...]
- Jamie JosephLOS ANGELES—The attorney representing the family of a Los Angeles Police Department (LAPD) officer who died during a training incident pushed back against the police chief’s claims that the officer… [...]
- Andrew ThornebrookeThe Pentagon is investing tens of millions of dollars into high-altitude balloons that it intends to use for surveillance. The balloons are hoped to fly twice as high as most… [...]
- Gary BaiElon Musk has called on an independent journalist to provide information on how the U.S. government is allegedly pressuring Twitter to suspend the journalist’s account for posting anti-vaccination content. Musk asked… [...]
- Nanette HoltFormer president Donald Trump has been trying, unsuccessfully, to block unauthorized use of his name, image, and likeness, especially in campaign fundraising communications, according to recent reports. Because legally he’s… [...]
Casey DeSantis Says Biden Admin Report Ignores ‘Democrat Lockdowns’ as Reason for K–12 Learning Loss- Caden PearsonFlorida First Lady Casey DeSantis said the Biden administration failed to mention the “real reason” for the learning loss in K-12 public schools over the course of the COVID-19 pandemic.… [...]
- Mimi Nguyen LyRoy Cooper, the governor of North Carolina, signed an executive order on July 6 to continue enabling access to abortion in the state and shield people criminally charged with performing… [...]
- The Associated PressBURLINGTON, Vt.—The man charged with killing his mother at sea in a plot to inherit millions of dollars has asked a federal court Wednesday to authorize his release from custody… [...]
- The Associated PressMADISON, Wis.—A woman accused of killing a man can argue at trial that she was justified because he was sexually trafficking her, Wisconsin’s Supreme Court ruled Wednesday in a decision… [...]