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1 min read
CEO of Yandex, known as 'Russia's Google,' resigns following new EU sanctions and months of boardroom chaos
Yandex CEO and cofounder Arkady Volozh said the EU sanctions against him were "misguided and ultima…
Rosie Bradbury
6 mins read
Trading favors with Putin: Here's why the EU sanctioned 15 Russian oligarchs
Roman Abramovich has "long and close ties" to Vladimir Putin and German Khan "trades favors" with h…
Kate Duffy
2 mins read
EU sanctions on Russian oil take effect on Monday - here's what to expect and why the price cap may not yield any real results
About 2.4 million barrels of Russian oil that once flowed to the EU per day will have to find a new…
Brian Evans
2 mins read
The EU agreed to slap sanctions on Iran for supplying Russia drones that it used to bombard Ukraine
The EU agreed to sanction Iran, top officials said, after Russia used numerous swarms of the Shahed…
Mia Jankowicz
1 min read
The EU wants to make it easier to seize wealthy Russian oligarchs' yachts, jets, and properties
Proceeds from sanctioned Russian oligarchs' assets would be sent to Ukraine, an EU justice commissi…
Kate Duffy
1 min read
A secretive fleet of ships is poised to move Russian oil under the radar after EU sanctions kick in
A fleet of ships amassed under shady circumstances will likely be used to help keep Russian oil flo…
Brian Evans
1 min read
EU sanctions against Russian oligarchs leave hundreds of workers jobless on Italian island, report says
Some staff at Russian oligarchs' villas in Sardinia lost their jobs, while others were suspended wi…
Kate Duffy
2 mins read
Russian oligarchs hit with EU sanctions claim they are 'groundless and unfair' and deny having connections to Putin
Russian billionaires sanctioned by the EU are calling for peace in Ukraine and denying claims that …
Hannah Towey
2 mins read
2 Russian billionaires resigned from the board of one of the country's biggest banking companies a day after the EU sanctioned them
Alfa-Bank's website says Mikhail Fridman and Petr Aven left its board in resignation applications d…
Grace Dean
1 min read
Russia could lose $10 billion a year after the EU's ban on importing its oil, Bloomberg calculates
It cuts Russia off from a major importer, as the EU imported two-thirds of its oil from the country…
Urooba Jamal
1 min read
Gymnast rumored to be Putin's mistress may be hit by new EU sanctions
The US has also considered sanctions against Alina Kabaeva but has not yet gone through it out of c…
Taiyler Simone Mitchell
2 mins read
Greece's Prime Minister is meeting Putin as the country's debt deadline looms
Even the countries which are sceptical of EU sanctions against Russia aren't likely to be happy to …
Mike Bird
2 mins read
An $80 million superyacht linked to a sanctioned Russian oligarch has spent 7 weeks lingering off the coast of Montenegro, tracking data suggests
Vagit Alekperov's luxury yacht Galactica Super Nova has lingered near the Balkan country since Marc…
Kate Duffy
1 min read
Kremlin says sanctions on Putin's mysterious daughters are 'difficult to understand'
Dmitry Peskov's comments come as the US and UK announced new sanctions on Putin's adult daughters, …
Mia Jankowicz
2 mins read
The West is dialing back its efforts to stop Russian oil exports as they worry about inflation, report says
The EU has loosened some of its sanctions on Russian oil trading, while the UK is reportedly holdin…
Harry Robertson
1 min read
Italy seizes 105 million euro property in Sardinia belonging to Russian F1 driver Nikita Mazepin and oligarch father
Nikita Mazepin was placed on an EU sanctions list in March along with his father Dmitry, who the EU…
Azmi Haroun
1 min read
Germany says energy giant can use a Russian account to buy gas without breaching EU sanctions
"For us, the account number doesn't matter, or the question of whether one or two accounts are open…
Phil Rosen
1 min read
Crypto exchange Binance is limiting services in Russia to comply with EU sanctions tied to Ukraine war
"We believe all other major exchanges must follow the same rules soon," said Binance CEO Changpeng …
Carla Mozée
3 mins read
A steel company says it has lost a third of its sales after its Russian oligarch owner was sanctioned
Alexei Mordashov, Russia's third-richest person, controls steel giant Severstal. The company said i…
Grace Dean
2 mins read
Russian oil production could drop 18% by 2023 as the EU imposes a ban on all seaborne imports, the EIA says
Russian oil production is set to hit an 18-year low by the end of next year as the EU tightens its …