ForbesOnline Media OutletLost independenceMaterialsInfoFound 44 materialsBy relevanceOldest firstNewest firstBy relevanceForbes·Aug 6, 2014The United States imposed sanctions against the Russian energy sectorThe Bureau of Industry and Security (BIS) of the US Department of Commerce on Wednesday published in the official journal of the US government a decision to impose new sanctions against Russia, including restrictions on the supply of equipment and technology to Russian energy companies. The decision comes into force on August 6, 2014, as follows from the document.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Russian hackers were suspected of the largest data theftA group of hackers from Russia is behind the largest case of online identity theft known in history, in which 1.2 billion logins and passwords and more than 500 million email addresses were stolen, US cybersecurity company Hold Security said. This was reported on Tuesday, August 5, by The New York Times . According to Hold Security, the hackers are based in a small city in south-central Russia, near the border with Kazakhstan and Mongolia.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Mechel Pension Fund was soldThe corporate pension fund of the Mechel company Igor Zyuzin - Mechel Fund - was sold, the former owner of AFK Sistema Evgeny Novitsky became its new shareholder, reported on Wednesday, August 6. Vedomosti The parties do not disclose who the seller was, but, according to Vedomosti sources close to the deal, Igor Zyuzin became the beneficiary of the deal. The parties also did not disclose the transaction amount.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014African quarantine: how the Ebola epidemic threatens Russian businessPhoto by Reuters Ebola, for which there is no vaccine yet, has claimed 887 lives in West Africa. What threatens Russian companies owning assets in a dangerous region? On August 5, after 61 patients died from Ebola in two days in Guinea, Liberia, Sierra Leone and Nigeria (the total number of deaths is approaching a thousand) and 163 people became infected, the World Bank announced its intention to provide $200 million for emergency assistance to African countries.Галина Зинченко; Ксения Докукина; Елена ВасильеваOur archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Putin signed a decree on retaliatory sanctions against the WestPhoto by RIA Novosti The import of agricultural products, raw materials and food from countries that have imposed sanctions against Russia is prohibited for a year. President Vladimir Putin signed a decree “On the application of certain special economic measures to ensure the security of the Russian Federation” in response to sanctions imposed by Western countries, the reported Kremlin press service on Wednesday. The decree comes into force from the date of signing.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014The Moscow City Court found the extension of Baumgertner's house arrest legalThe Moscow City Court on Wednesday, August 6, rejected the appeal of the defense of the former general director of Uralkali Vladislav Baumgertner against the decision of the Basmanny Court, which extended the term of his house arrest for three months, ITAR-TASS reports . On August 4, the Basmanny Court of Moscow, at the request of the investigation, extended Bamgertner’s house arrest until October 14.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Novak did not see cooperation with Iran as a contradiction to UN Security Council resolutionsRussian Energy Minister Alexander Novak said that the signing of a memorandum of understanding between the governments of Russia and Iran does not contradict the provisions of the UN Security Council resolutions, reported on Wednesday, August 6.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Mechel shares fell by 10%The price of ordinary shares of the metallurgical company Mechel Igor Zyuzin fell by more than 10% in trading on the Moscow Exchange on Wednesday. As of 11:46, the price of Mechel shares was 33.5 rubles per share. At the opening of trading on Wednesday, Mechel shares were sold at a price of 36.2 rubles per share, as follows from exchange data available on the Finanz.ru website . Currently, creditor banks are considering a rescue plan for Mechel, which is facing financial difficulties.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014The Central Bank revoked the license of Renaissance Capital LLCThe Central Bank (CB) canceled the license of a professional participant in the securities market to carry out brokerage activities of Renaissance Capital LLC based on the licensee’s application, the reported press service of the Bank of Russia on Wednesday, August 6. The decision was made on August 4. The license was canceled from one of the LLCs controlled by the Renaissance Capital group. The investment bank was created in 1995.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014The Ministry of Industry and Trade proposed reducing the duty-free import threshold to €500The Ministry of Industry and Trade opposed the Ministry of Finance's proposed reduction of the threshold for duty-free online trade from €1,000 to €150 and proposed its own version of €500, Interfax reported on Wednesday, August 6 . The Ministry of Industry and Trade attributed this to the fact that, in the opinion of the ministry, the Ministry of Finance did not justify its position.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Putin strikes back: the first reaction of market participantsRIA Novosti Russia has banned the import of certain food products from countries that have joined the sanctions for a year. What does this mean for businesses and consumers? On August 6, Russian President Vladimir Putin signed a decree “On the application of certain special economic measures to ensure the security of the Russian Federation.” In the document, the head of state outlined the measures that the Russian Federation is taking in response to sanctions imposed by Western countries.Ирина Скрынник; Юлия Котова; Галина Зинченко; Анастасия КарповаOur archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Coca-Cola withdrew advertising from four federal TV channelsSince August, the American The Coca-Cola Company has withdrawn its advertising from four Russian federal television channels - Zvezda, owned by the Ministry of Defense, as well as REN TV, Channel Five and the Domashny TV channel, associated with the Rossiya Bank and its largest shareholder, billionaire Yuri Kovalchuk , wrote on Wednesday.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014The Ministry of Economic Development has prepared a list of Western products subject to sanctionsThe list of types of agricultural products, raw materials and food supplied from countries that have adopted sanctions against Russia is already ready, Deputy Head of the Russian Ministry of Economic Development Alexei Likhachev told Interfax . He said that the list must now be approved by the government. He did not provide details about the contents of the list.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Timakova called correspondence with the deputy head of the Ministry of Economic Development a personal opinionPrime Minister Dmitry Medvedev's press secretary Natalya Timakova said that her comments under the post of Deputy Minister of Economic Development Sergei Belyakov apologizing for freezing pension savings in 2015 were personal statements and not official statements. Timakova told the radio station “Moscow Speaks” on Wednesday. “I commented on his statement in a personal capacity, just as Belyakov wrote about it in a personal capacity. It was a personal statement,” Medvedev’s spokeswoman said.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionForbes·Aug 6, 2014Apple and Samsung drop patent lawsuits outside the USAmerican Apple and South Korean Samsung have agreed to withdraw all patent claims against each other filed in courts outside the United States, Bloomberg reports, citing a joint statement by the companies. This means that Apple and Samsung will cease proceedings in South Korea, Australia, Japan, Germany, the Netherlands, Great Britain, France and Italy, the agency clarifies.Our archive does not currently contain the full version of this documentPreserved copyLink to original versionPrevious123NextShow more