Search results
Results from the WOW.Com Content Network
If you have Russian equities — stocks — in your portfolio now, you can only sell these positions to investors outside the U.S., based on an executive order issued by President Biden in June.
Prior to the U.S. exchange halts, Russia’s Central Bank closed the Moscow Stock Exchange — sending shares of Russian stocks listed in the U.S. tumbling. Investors on London’s Stock Exchange ...
As the Moscow Exchange sets out to reopen Thursday after a four-week shutdown, trading in Russian stocks listed on international exchanges remains on pause indefinitely – and the suspension is ...
The order prohibits all new investment in Russia by Americans, regardless of where they are based. Although President Biden does not define the term "investment" in the order, the OFAC has construed it broadly in previous contexts to encompass any transaction involving a promise or transfer of monies or other assets, or a loan or other extension of credit to an enterprise.
(Reuters) -Yandex's Dutch holding company is considering selling all its Russian assets in one go rather than just a controlling stake, three people close to the matter told Reuters, as parties ...
In March 2023, Russia announced that people from unfriendly countries will be subject to a "voluntary" exit tax of up to 10 percent to be paid into the Russian federal budget, on the sale of shares in Russian companies. [24] This was expanded in July 2023 so that companies leaving Russia must sell their assets to Russian buyers at a 50% discount.
It is the main trading venue for Russian stocks as well as government, municipal, and corporate bonds. In 2013–2014, 16 companies placed stock via Moscow Exchange, raising a total of approximately RUB 200 bln. On the fixed income side, more than 400 bond issues were placed, raising more than RUB 3.4 trillion for issuers.
Near the start of the Russia-Ukraine war, McDonald's Corporation paused operations and temporarily closed restaurants in Russia. On Monday, May 16, the fast-food giant announced it will sell its...