Oleg Deripaska

U.S. lifts sanctions from Rusal, En+, EuroSibEnergo

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 …

Washington freezes  Deripaska’s assets - NYP

A mansion on the Upper East Side has been frozen as part of a battle between the US government and Russian oligarch Oleg Deripaska, The New York Post reported, citing US officials. "Washington has frozen …

Will state buy Deripaska's stake in Rusal?

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. …

Will US Treasury drop Rusal 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 …

Rusal shares plummet to new low

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 …

World Economic Forum opens in Davos

The World Economic Forum, which annually brings together leading representatives of political and business elites, will open in the Swiss ski resort of Davos today. According to organizers, its main theme is the beginning of the fourth industrial revolution, however, the participants will also discuss a number of pressing political and economic issues, including the unprecedented drop in oil prices, the lifting of sanctions against Iran and the terrorist threat.