Bank of Russia could potentially hike key rate
The Bank of Russia may continue to increase the key rate, according to Andrey Kostin, CEO of VTB Bank. In an interview with news outlet RBC, on the brink of the Eastern Economic Forum,...
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Portugal's BCP pursues Mozambique in latest case over $2 bln debt scandal
By Emma Rumney and Victoria WalderseeJOHANNESBURG/LISBON, April 16 (Reuters) - Banco Comercial Portugues (BCP) has taken legal action against Mozambique, becoming the latest bank to pursue...
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Mozambique queried $535 million loan guarantee, VTB says in court filing
JOHANNESBURG, March 16 (Reuters) - Mozambique has "implicitly suggested" that a government guarantee on a $535 million loan might not be valid, state-run Russian bank VTB VTBR.MM , which...
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Deals of the day-Mergers and acquisitions
(Adds Blackstone (NYSE:BX), Carlyle, updates Dana Gas , Golden Goose)Feb 12 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 1300 GMT on Wednesday:** A...
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Credit Suisse says Mozambique liable for $622 mln loan at heart of bribery scandal
JOHANNESBURG, Jan 22 (Reuters) - Credit Suisse CSGN.S has hit back against Mozambique in a case in Britain's High Court, arguing a government guarantee for a $622 million loan - part...
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UPDATE 2-Russia's VTB sues Mozambique over loan in $2 bln debt scandal
(Recasts, adds VTB, Jubilee Debt Campaign comments)By Emma RumneyJOHANNESBURG, Jan 7 (Reuters) - Russian bank VTB VTBR.MM is suing a Mozambique state-owned company over $535 million it...
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African Markets - Factors to watch on Jan. 7
The following company announcements, scheduled economic indicators, debt and currency market moves and political events may affect African markets on Tuesday.- - - - - GLOBAL MARKETS Asian...
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Russia's VTB sues Mozambique state firm at centre of $2 billion debt scandal
JOHANNESBURG, Jan 6 (Reuters) - Russian state lender VTB VTBR.MM has filed a lawsuit in Britain's High Court against a Mozambican government company it lent hefty sums to as part of a...
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Lebanese salesman acquitted in case over $2 bln Mozambique loans
By Brendan PiersonNEW YORK, Dec 2 (Reuters) - A U.S. jury on Monday cleared a lead salesman for a Lebanese shipbuilding company of charges that he helped to defraud U.S. investors in bonds...
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Lebanese salesman masterminded $2 bln Mozambique loan scheme, U.S. jury told
By Brendan PiersonNEW YORK, Oct 16 (Reuters) - Jean Boustani, a lead salesman for a Lebanese shipbuilding company, was the "mastermind" of a conspiracy to defraud U.S. investors involving $2...
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Second ex-Credit Suisse banker pleads guilty in Mozambique loan scheme
By Brendan Pierson NEW YORK, July 19 (Reuters) - A former Credit Suisse Group AG CSGN.S banker on Friday pleaded guilty to U.S. charges that he took part in a fraud scheme that involved...
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UPDATE 1-Russia's VTB considers selling stake in its Angolan unit
(Adds details, quotes, context) MOSCOW, May 27 (Reuters) - Russia's second-largest bank VTB VTBR.MM is considering selling its stake in Angola-based Banco VTB Africa, VTB told Reuters on...
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Russia's VTB considers selling stake in its Angolan unit
MOSCOW, May 27 (Reuters) - Russia's second-largest bank VTB VTBR.MM is considering selling its stake in Angola-based Banco VTB Africa, VTB told Reuters on Monday. It added that it was too...
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Ex-Credit Suisse banker pleads guilty to U.S. charge over Mozambique loan
By Brendan PiersonNEW YORK, May 20 (Reuters) - A former Credit Suisse Group AG CSGN.S banker pleaded guilty on Monday to a U.S. charge that she helped launder money from a kickback scheme...
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Deals of the day-Mergers and acquisitions
(Adds Kohl's, Nestle, Kone, Non-Standard Finance)May 15 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Wednesday:** U.S. department...
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Russia shares lower at close of trade; MOEX Russia down 0.30%
Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Oil & Gas, Power and Telecoms sectors propelled shares lower. At the close in Moscow, the MOEX Russia...
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Russia shares higher at close of trade; MOEX Russia up 1.06%
Investing.com – Russia equities were higher at the close on Friday, as gains in the Oil & Gas, Telecoms and Mining sectors propelled shares higher. At the close in Moscow, the MOEX Russia...
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Russia shares lower at close of trade; MOEX Russia down 0.70%
Investing.com – Russia equities were lower at the close on Tuesday, as losses in the Mining, Oil & Gas and Power sectors propelled shares lower. At the close in Moscow, the MOEX Russia fell...
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UPDATE 4-Ex-Credit Suisse bankers arrested on U.S. charges over Mozambique loans
* U.S. indictment leads to arrest of London bankers* $2 billion in undeclared loans guaranteed by government* Charges include bribery, laundering, securities fraud* Former Mozambican finance...
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Deals of the day-Mergers and acquisitions
(Adds Mediaset , Centrais Elétricas Brasileiras, Vodafone , Takarek, UBS)Nov 30 (Reuters) - The following bids, mergers, acquisitions and disposals were reported by 2100 GMT on Friday:**...
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Russia shares lower at close of trade; MOEX Russia down 1.36%
Investing.com – Russia equities were lower at the close on Tuesday, as losses in the Telecoms, Oil & Gas and Power sectors propelled shares lower. At the close in Moscow, the MOEX Russia...
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Russia shares higher at close of trade; MOEX Russia up 1.37%
Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Telecoms, Oil & Gas and Power sectors propelled shares higher. At the close in Moscow, the MOEX Russia...
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UPDATE 2-European stocks tumble as geopolitical and trade risks multiply
* STOXX 600 down 0.2 pct, DAX down 0.8 pct* Chinese takeover approach drives Amer Sports up 19 pct* Ashtead, Partners Group gain after results (Updates prices, adds details, quotes)By...
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European shares seek to extend bounce but trade woes weigh
MILAN, Sept 11 (Reuters) - European shares attempted to extend gains in early trading on Tuesday but uncertainty over a trade dispute between Washington and Beijing continued to keep...
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Russia shares lower at close of trade; MOEX Russia down 0.64%
Investing.com – Russia equities were lower at the close on Wednesday, as losses in the Mining, Oil & Gas and Power sectors propelled shares lower. At the close in Moscow, the MOEX Russia...
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Russia shares lower at close of trade; MOEX Russia down 1.61%
Investing.com – Russia equities were lower at the close on Thursday, as losses in the Mining, Power and Oil & Gas sectors propelled shares lower. At the close in Moscow, the MOEX Russia...
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Russia shares higher at close of trade; MOEX Russia up 0.23%
Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Oil & Gas, Mining and Manufacturing sectors propelled shares higher. At the close in Moscow, the MOEX...
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Russia shares higher at close of trade; MOEX Russia up 1.05%
Investing.com – Russia equities were higher at the close on Friday, as gains in the Oil & Gas, Mining and Power sectors propelled shares higher. At the close in Moscow, the MOEX Russia...
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Russia shares lower at close of trade; MOEX Russia down 0.15%
Investing.com – Russia equities were lower at the close on Thursday, as losses in the Mining, Oil & Gas and Power sectors propelled shares lower. At the close in Moscow, the MOEX Russia...
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Russia shares higher at close of trade; MOEX Russia up 1.57%
Investing.com – Russia equities were higher at the close on Wednesday, as gains in the Oil & Gas, Mining and Telecoms sectors propelled shares higher. At the close in Moscow, the MOEX...
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