Rustam Kurmaev and Partners work with the Russian government and other high-profile banking, media, oil, and industrial companies, including American firms. The Anonymous hacktivists collective has struck Russia again by leaking approximately 1TB of data from a leading Russian law firm identified as Rustam Kurmaev and Partners (RKP Law). The […]
Russian
Shell won’t buy any more Russian oil and gas
Shell (RDSA) said Tuesday it was breaking completely with Russia’s giant energy industry, halting all purchases of Russian crude oil immediately and shutting its service stations in the country. The UK-based company, which last week announced it was dumping its investments in Russia, said its decision to abandon all trade […]
Nasdaq gains, Dow falls 179 points, S&P little changed in Russian driven session
Blue Line Capital president Bill Baruch and Heritage Capital LLC president Paul Schatz give their advice to investors on ‘Making Money.’ U.S. stocks turned in another whipsaw session ending mixed as investors weighed the latest on Russia’s invasion of Ukraine against the U.S. expanding sanctions against Russia’s central bank by […]
Sanctions put Texas law firms with Russian clients and offices in tough positions
As sanctions against Russian companies and those that do business with Russian entities expand daily, the role of lawyers is increasingly in the spotlight, including pressure to drop their Russian clients. And the plight of U.S. lawyers practicing in Moscow is even more problematic. Fourteen large corporate law firms operating […]
States want to boycott Russian vodka. Here’s why that won’t work
New York CNN Business — Russian-made alcohol is the latest target in the growing backlash against the country’s invasion of Ukraine. So far, officials in Ohio, Utah and New Hampshire have called on liquor stores to remove Russian-made or Russian-branded products from shelves, a move that largely targets vodka […]
Law firms cut Russian client ties as international sanctions spread
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People are seen through windows of an office building in the Moscow International Business Centre, also known as “Moskva-City”, in Moscow, Russia February 9, 2022. REUTERS/Maxim Shemetov Register now for FREE unlimited access to Reuters.com Register Firms are reassessing client relationships to comply with sanctions over the Ukraine invasion White […]
US effectively freezes Russian central bank assets held by Americans
Here are your FOX Business headlines. The U.S. said it is blocking financial transactions of Russian central bank assets, effectively freezing any of those assets held by Americans. The freeze is effective immediately, a senior administration official said in a briefing for reporters on Monday. The official said that the […]
Russian airlines cut off from growing swath of European airspace
Russian airlines were cut off from an increasing swath of European airspace on Saturday, as five countries announced bans and Germany was making preparations to do so following the invasion of Ukraine. Estonia, Latvia, Lithuania and Slovenia all declared bans on Russian airlines using their airspace or landing at their […]
Russian wheat: China lifts restrictions on imports as prices rise
Hong Kong CNN Business — China has relaxed restrictions on imports of Russian wheat, a move that could address food security concerns in the world’s second largest economy and ease the impact of Western sanctions on Russia. The decision to allow imports of wheat from all regions of Russia […]
Facebook bans Russian state media from advertising and monetizing content on its platform
Texas Rep. Ronny Jackson and former White House director of global engagement Brett Bruen weigh in on the Russian invasion underway in Ukraine on ‘The Evening Edit.’ Facebook has banned all Russian state media from advertising on its platform, according to a company official. Nathaniel Gleicher, head of security policy […]