Russia

What the Ukraine Crisis Means for CFOs
Risk Management

What the Ukraine Crisis Means for CFOs

Even companies without operations or suppliers in Eastern Europe may be exposed to business risks.
By Lou Longo | March 29, 2022
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Alexion Fined $21M in Foreign Corruption Probe
Risk & Compliance

Alexion Fined $21M in Foreign Corruption Probe

The SEC says the biotech firm made improper payments to Turkish and Russian officials to secure favorable treatment for its main drug.
By Matthew Heller | July 3, 2020
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Oil Prices Rebound on U.S. Stimulus Hopes
The Economy

Oil Prices Rebound on U.S. Stimulus Hopes

After Monday's epic collapse, prices also got a boost from signs that Saudi Arabia and Russia will resolve their differences over oil production.
By Matthew Heller | March 10, 2020
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WTO Rebuffs Trump on ‘National Security’ Claims
Strategy

WTO Rebuffs Trump on ‘National Security’ Claims

A decision in a Russia-Ukraine trade dispute rejects an argument Trump has made to justify a 25% tariff on global auto imports.
By Matthew Heller | April 5, 2019
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U.S. Oil Production to Hit New Record in 2018
The Economy

U.S. Oil Production to Hit New Record in 2018

With the shale boom continuing, the IEA says the U.S. will overtake Saudi Arabia as the world's No. 2 producer.
By Matthew Heller | January 19, 2018
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Fed Faults Deutsche Bank Laundering Controls
Risk & Compliance

Fed Faults Deutsche Bank Laundering Controls

The bank agrees to pay $41 million for allowing "significant deficiencies" in its monitoring of billions of dollars in potentially suspicious transactions.
By Matthew Heller | May 31, 2017
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Deutsche Bank Fined Over Laundering Controls
Risk & Compliance

Deutsche Bank Fined Over Laundering Controls

A New York State regulator says the bank's deficient controls facilitated $10 billion in sham trades involving Russian investors.
By Matthew Heller | January 31, 2017
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Analogic Accused of Improper Foreign Payments
Risk & Compliance

Analogic Accused of Improper Foreign Payments

The medical device maker will pay $15 million to settle SEC charges that a Danish subsidiary "allowed itself to be used as a slush fund."
By Matthew Heller | June 22, 2016
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Instability in Oil-Producing Nations Endangers Economies
Supply Chain

Instability in Oil-Producing Nations Endangers Economies

Political turmoil in the Middle East, Africa, and Russia will continue to cast a global economic shadow, says Aon.
By Matthew Heller | March 4, 2015
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S&P Downgrades Russia’s Credit Rating to Junk
Risk

S&P Downgrades Russia’s Credit Rating to Junk

The credit rating agency cut its projection of Russia's annual economic growth to 0.5% for the next four years and called monetary policy less flexible.
By Matthew Heller | January 27, 2015
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Saving the Ruble Could Mean Bankrupting Companies
Global Business

Saving the Ruble Could Mean Bankrupting Companies

A 17% interest rate may stabilize the ruble, but a Russian banking official says it has to be cut to forestall business bankruptcies.
By Katie Kuehner-Hebert | January 12, 2015
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Ruble Continues Plunge Despite Russian Rate Hike
Risk Management

Ruble Continues Plunge Despite Russian Rate Hike

The Russian central bank set a key interest rate at 17% in hopes of halting its currency's plummet.
By Matthew Heller | December 16, 2014
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Russia Sanctions Could Scotch Morgan Stanley Oil Deal
Regulation

Russia Sanctions Could Scotch Morgan Stanley Oil Deal

Western sanctions targeting Russia's energy sector could force Rosneft to withdraw from buying Morgan Stanley's oil trading unit.
By Iris Dorbian | September 25, 2014
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Russian Oil Deal Will Go On, Says Morgan Stanley CFO
Strategy

Russian Oil Deal Will Go On, Says Morgan Stanley CFO

The bank's finance chief believes its sale of oil trading assets to Russian oil producer Rosneft will proceed despite U.S. sanctions.
By Iris Dorbian | July 17, 2014
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Russia Sanctions Put U.S. Firms in a Tough Spot
The Economy

Russia Sanctions Put U.S. Firms in a Tough Spot

Firms that do business in Russia should examine their contracts, try to amend them and, as a last resort, apply for an emergency license.
By Marielle Segarra | April 2, 2014
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