Danske Quits Baltics and Russia as Laundering Case Deepens

Danske Bank A/S will close its operations across the Baltic states and in Russia after authorities in Estonia kicked out the Danish lender amid a deepening money-laundering scandal. The Financial Supervisory Authority in Tallinn took the extraordinary step on Tuesday of ordering Danske to close its operations in the Baltic country. The agency is giving…

Russia’s Putin, Saudi King Ready to Continue Energy Cooperation

Russia’s President Vladimir Putin and Saudi King Salman bin Abdulaziz Al Saud, in a telephone conversation, voiced their support for continued coordination on the global energy markets, the Kremlin said on Tuesday. The Kremlin also said the two leaders praised bilateral cooperation between Russia and Saudi Arabia. “Mutual attitude for further strengthening of multifaceted Russia-Saudi…

Gerhard Schröder was informed about the latest developments in the business strategy of Rosneft Deutschland

Rosneft Chairman of the Board of Directors Gerhard Schroeder had a meeting with the management of Rosneft Deutschland GmbH in the company’s office in Berlin and got acquainted with business strategy of Rosneft Deutschland for 2019. During the meeting, representatives of Rosneft Deutschland management also reported on the first results of the company’s direct marketing…

U.S. Sanctions Delay Russian Passenger Jet by a Year

Serial production of Russia’s first post-Soviet mainline commercial aircraft will be delayed by a year due to U.S. sanctions, the head of state-owned industrial conglomerate Rostec said on Monday, Russian news agencies reported. Russia hopes the MS-21, a twin-engine, medium-range passenger plane, will give Boeing and Airbus a run for their money. Three prototypes have…