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The Latest Breaking News from VTB

Ukraine-Russia war latest: Zelensky celebrates major ‘hit’ against Moscow after anti-drone weapon test success

Moscow accused Denmark of ‘dangerous’ fly-bys near its warships

The Independent UK · Sep 15

Ukraine takes aim at Russia's economy and morale by attacking online retailer

For over a month, Ukrainian drones have been relentlessly striking warehouses belonging to Russian online retailer Wildberries. This offensive has led to immense destruction worth billions in merchandise and has severely affected supply chains. The primary goal is to frustrate military logistics while exerting economic strain on Russia, leaving countless…

The Economic Times · Aug 17

Ukraine takes aim at Russia’s economy and morale by attacking online retailer

Day after day over recent weeks, Ukrainian drones have pummeled giant depots belonging to Wildberries, the country’s biggest online retailer, burning estimated billions of dollars’ worth of merchandise and bringing the war home to the broad public

The Independent UK · Aug 17

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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 · Jul 29

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 · Jul 29

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 · Jul 29

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 · Apr 24

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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 · Mar 2

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 · Oct 8, 2024

Russian Court Cancels Seizure Of Jpmorgan Bank Funds

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

UK faces ‘extraordinary’ $1bn claim from mining company

ENRC seeking compensation for losses it says were result of fraud inquiry dropped last year, court hears

The Guardian - UK · Mar 26, 2024

National Lottery operator had borrowed millions from Kremlin-owned banks

Exclusive: Syndicate agreed to lend up to €640m to Allwyn in 2020, two years before contract awarded

The Guardian - UK · Mar 9, 2024

US Charges Head Of Russia's VTB Bank For Sanctions Violations

US charges head of Russia's VTB Bank for violating sanctions amid escalating tensions over Ukraine crisis.

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 · Aug 20, 2023

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Reuters · Dec 15, 2022

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 · Dec 7, 2022

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.

The Guardian - UK · Oct 3, 2022

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

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

Tribune News Service · May 21, 2022

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.

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The Guardian - UK · Apr 6, 2022

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 · Mar 9, 2022

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 · Mar 8, 2022

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

The Guardian - UK · Mar 4, 2022

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 · Mar 2, 2022

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 · Feb 26, 2022

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 · Feb 25, 2022

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

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