Officials puzzled after Idaho boy contracts the plague
Fresh legal attack on health law comes with political risks
How to have tough conversations about mental health
Kate Spade obituary - 1962-2018 - Style guru had flair and sophistication
Russia's VTB Bank Stops Lending to Sanctions-Hit Deripaska
25 May 2018, 12:29 | Rodolfo Wallace
On May 24, Russian aluminium manufacturer Rusal announced its CEO and seven members of its board of directors would step down.
It was not clear what effect the blacklisting would have as many Russian companies have already sought to wind up their Ukraine-linked activities due to earlier sanctions. Evgeny Nikitin, head of its aluminium division, will act as chief executive until a permanent replacement is found.
Rusal CEO Alexandra Buriko tendered her resignation on Thursday.
Two executive directors of the company, Vladislav Soloviev and Siegfried Wolf, as well as non-executive directors Maxim Sokov, Dmitry Afanasiev, Gulzhan Moldazhanova, Olga Mashkovskaya and Ekaterina Nikitina, also announced their resignations yesterday. None of them have offered themselves for re-election at the company's annual meeting on June 28, when their tenures end.
The Russian aluminum producer, Rusal, warned investors in a statement Thursday, the production of metal and sales would be severely impacted if the USA sanctions on the company are not lifted after October 23.
Comcast ups its offer, Disney's move next — Fox takeover
Confirming speculation, Comcast is "considering" a rival bid for 21st Century Fox businesses intended for sale to Walt Disney . Fox's assets would help both companies achieve these goals, said Paul Sweeney, an analyst at Bloomberg Intelligence.
Jared Kushner (Finally) Has Full White House Security Clearance
Lowell said Kushner has been voluntarily cooperating with Mueller's investigation into Russian interference in the 2016 election. Lowell said Kushner answered all questions and "is looking forward to continuing the work the president has asked him to do".
"The business with newly sanctioned institutions represents less than 2 per cent of our assets so of course it will affect us to a certain extent but we still have to see what's going to happen with them as there's some discussion that they could be lifted for Rusal and some other companies".
Later, the U.S. Treasury has clarified that sanctions will not act against companies if Deripaska will control less than 50%.
Mr Deripaska has not resigned from his non-executive director role at Rusal, but he has reisgned from the board of EN+, his company through which he owns a stake in Rusal. The sanctions policy gives United States clients and business partners until October 23 to wind down business with these firms.
"The moves are rather formal, but they show that Deripaska is ready to give the U.S. an excuse to at least ease the sanctions", said Kirill Chuyko, an analyst at BCS Global Markets in Moscow.
Turkish lira plummets against dollar
Higher rates can support a currency and ease inflation, but could also hinder economic growth by making borrowing more expensive. The plunge in lira created anxiety amid lack of action from the Central Bank for a long time.
Pope: 'God made you like this'
He told a Chilean journalist: "The day they bring me proof against Bishop Barros, then I will speak". José Andrés Murillo, another victim, said Pope Francis should accept the mass resignation offer.
Memorial Day observances scheduled in QC area
White continued, "We celebrate Memorial Day in honor of the fearless men and women who died while serving in the military". The national holiday is this coming Monday , and events around our area start Saturday and run through the long weekend.
Jets to pay fines if players violate anthem policy
The NFL Players Association said it will challenge any part of the new policy that violates the collective bargaining agreement. Previously, there had been no rule that prevented players from protesting.