China's yuan has jumped to fifth place in currency transactions, new data shows, as the country's economic expansion increases trade and sanctioned Russia turns to the Chinese market. According to data published by the Bank for …
European regulators are mulling a radical increase in duties for Russian aluminium
Russia’s largest commercial carmaker GAZ Group might go bankrupt and may be nationalized due to U.S. sanctions, Russian businessman Oleg Deripaska said in an interview at the company’s headquarters. …
Shares of Rusal and En+ on the Moscow Exchange soared 10% after the statement of the U.S. Treasury Department on the lifting of sanctions against the companies. The shares of Rusal added almost 10% and reached 34.98 rubles per share, …
The U.S. Department of Treasury lifted sanctions imposed earlier on Rusal, En+ and EuroSibEnergo, it said yesterday in a statement. "The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) today lifted …
The U.S. Department of the Treasury is set to remove Russian companies Rusal, En+ and Eurosibenergo (ESE) from its sanctions blacklist, U.S. Treasury Secretary Steven Mnuchin said in a statement. "En+, …
Kremlin spokesman Dmitry Peskov commented on a statement by the U.S. Treasury Department on December 19, 2018 about its intention to lift the sanctions against Rusal and En+, companies linked to Russian tycoon Oleg …
Russia's aluminium company Rusal appointed independent non-executive director Jean-Pierre Thomas as its new chairman as part of an agreed restructuring in exchange for the lifting of U.S. sanctions. Jean-Pierre …
The President of Tajikistan arranges the viewing of his son Rustam Emomali as possible successor
The Board of Directors of Russia’s sanctions-hit aluminum giant Rusal has decided to redomicile it from Jersey (part of the Channel Islands archipelago) to Russia, the company said in a statement made at the Hong Kong Stock Exchange. …
Russia's government has made virtually all decisions concerning the sanctioned Russian companies, the country's Deputy Prime Minister Dmitry Kozak said. "Today, all necessary decisions with respect to all …
Oleg Deripaska’s aluminium-to-energy group En+ has presented the final version of a plan to the US Treasury in a bid to free itself from sanctions, which threaten to sink the company and upend global metal markets, The …
Adjusted net profit of Russian aluminum producer Rusal in the second quarter of 2018 decreased 31% in comparison with the first quarter and amounted to $218 million, the company said in its interim report. In comparison with the second …
Shares of Russia’s aluminum producer Rusal on the Hong Kong Stock Exchange grew 14.3% as of 04:30 Moscow time today amid reports of negotiations between the company and the US authorities on the possible removal of sanctions, according to …
Oleg Deripaska has stepped down from his role as Russia's aluminum producer Rusal, the company said in a statement released today via the Hong Kong stock exchange. …
Russian aluminium producer Rusal said its chief executive and seven directors had resigned. The company said that “in furtherance of such efforts”, chief executive Alexandra Bouriko had resigned and seven …
The option of Rusal’s nationalization due to the company’s hurdles amid US sanctions is not under consideration, the Kremlin spokesman Dmitry Peskov said. The Kremlin spokesman added that Rusal’s …
Russian industry and trade minister Denis Manturov said that he would not rule out the possibility that the state buys a stake in Rusal from top shareholder Oleg Deripaska, targeted by US sanctions. …
The U.S. Treasury said it would provide sanctions relief to Rusal if Oleg Deripaska relinquished control, according to statement. It also extended the deadline for companies to wind down dealings with the Russian aluminum …
Russia's aluminium producer Rusal tumbled as much as 21% this morning in Hong Kong after the US promised further sanctions against Moscow for supporting the Syrian government. The Trump administration vowed to impose more sanctions …
