Tag: sanctions

The action comes as Washington has sought to curb Russia's evasion of the sanctions imposed after its 2022 invasion of Ukraine, which has killed or wounded thousands and reduced cities to rubble(Stephanie Scarbrough/AP)
Posted in Business

US cracks down on Indian companies for supplies to Russian firms

The United States imposed sanctions on Wednesday on hundreds of targets in fresh action against Russia, a signal the US will continue to counter evasion…

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Indian exports of restricted items such as microchips, circuits and machine tools surpassed $60 million in both April and May, about double from earlier months this year (Archive)
Posted in Business

India is now Russia’s second largest supplier of restricted technology: Details

India has surged to become the second-biggest supplier of restricted critical technologies to Russia, US and European officials said, highlighting the challenge in efforts to…

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Latest news on July 25, 2024: Reliance gets US nod to import oil from Venezuela: Report
Posted in Business

Reliance gets US nod to import oil from Venezuela: Report

Jul 25, 2024 02:11 AM IST Reliance had re-submitted a request to the U.S. in May for authorisation to import crude oil from Venezuela. India’s…

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UN says raging conflict in Sudan has displaced over 3 million people. UK sanctions warring sides
Posted in Rest of World News

UN says raging conflict in Sudan has displaced over 3 million people. UK sanctions warring sides

CAIRO: A raging conflict in Sudan has driven more than 3 million people from their homes, including over 700,000 who fled to neighboring countries, the…

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Posted in Europe News

Russia says 500 Americans to be banned, list includes Obama

Russia‘s foreign ministry on Friday said former US President Barack Obama was among 500 Americans citizens who would be banned in response to the latest…

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The audit errors were compounded by the fact that KPMG and Smith had been aware of failures in previous years concerning the accuracy of the cost of inventory — one of the eight breaches they admitted, the FRC said.
Posted in Business

KPMG Fined £1.25 million for Luceco Audit by UK Watchdog

KPMG LLP was fined £1.25 million ($1.56 million) by the UK audit watchdog over errors it made in its work on Luceco Plc’s books in…

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Posted in Economy

India Russia oil: India’s opaque purchases of Russian oil emerge as sanctions test

En route to New Delhi this month, US officials proclaimed themselves satisfied that India is buying Russian oil below G-7 price caps designed to undercut…

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Ukraine: US targets Russia with sanctions, tariffs on Ukraine war anniversary
Posted in Europe News

Ukraine: US targets Russia with sanctions, tariffs on Ukraine war anniversary

WASHINGTON: The United States marked the first anniversary of Russia’s invasion of Ukraine on Friday by announcing new sanctions against Russia and its allies, new…

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Ukraine: US targets Russia with sanctions, tariffs on Ukraine war anniversary
Posted in US News

Ukraine: US targets Russia with sanctions, tariffs on Ukraine war anniversary

WASHINGTON: The United States marked the first anniversary of Russia’s invasion of Ukraine on Friday by announcing new sanctions against Russia and its allies, new…

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China imposes sanctions on Lockheed Martin, Raytheon over Taiwan arms sales
Posted in China News

China imposes sanctions on Lockheed Martin, Raytheon over Taiwan arms sales

BEIJING: China on Thursday imposed trade and investment sanctions on US military contractors Lockheed Martin and Raytheon for supplying weapons to Taiwan, stepping up efforts…

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