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The Latest Breaking News from Evraz

Former Chelsea owner Abramovich loses legal action against EU sanctions

Former Chelsea owner Roman Abramovich has lost in his legal attempt to overturn sanctions imposed by the European Union for his role in the Russian invasion of Ukraine

The Independent UK

Abramovich ally begins high court challenge against UK sanctions

Eugene Shvidler claims ‘oppressive treatment’ as he launches case that could lead to precedent for oligarchs

The Guardian - UK

Oligarch’s lawyers say UK caused serious hardship by freezing assets

Eugene Shvidler wants expedited court hearing to hear his claim that impounding his jets was wrong

The Guardian - UK

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Three Russians under sanctions own UK property via overseas entities

Alexander Frolov, Igor Shuvalov and Vladimir Potanin own properties via BVI, Cyprus and Russia

The Guardian - UK

UK adds two Roman Abramovich ‘business associates’ to Russia sanctions list

Oligarchs Alexander Abramov and Alexander Frolov among four steel and petrochemical tycoons put on list

The Guardian - UK

Russian magnate's power 'transcends ties'

Billionaire businessman Alexander Abramov can influence the Russian government even without direct political ties, a lawyer has suggested.

AAP

How This Active Vanguard Stock-Picker Outperforms

How is the smart money coping with Wall Street's funk? For ideas about how to navigate through a fearsome bear market, check out Sharon Hill of Vanguard.

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UN Sends New Mariupol Convoy to Rescue Civilians from 'Bleak Hell'

A new UN convoy was expected in Mariupol Friday to evacuate civilians from the "bleak hell" of a besieged steel plant that has become the last pocket of resistance against invading Russian forces in the southern port city. The Russian military had announced a three-day ceasefire at the site starting…

Asharq Al-Awsat

UK imposes sanctions on Roman Abramovich-linked steel firm Evraz

Foreign Office says company part-owned by billionaire ‘operates in sectors of strategic significance to government of Russia’

The Guardian - UK

UK Sanctions Russian Steelmaker Evraz, Part-Owned by Billionaire Abramovich

The British government said on Thursday it had sanctioned steel manufacturing and mining company Evraz, whose biggest shareholder is sanctioned billionaire Roman Abramovich, in response to Russia's invasion of Ukraine. "The steel manufacturing and mining company operates in sectors of strategic significance to the Government of Russia," the government said…

Asharq Al-Awsat

Roman Abramovich associates including Chelsea director added to UK sanctions list

Chelsea director Eugene Tenenbaum is described as being a "close associate" of Abramovich by the club's website and has been hit in the latest wave of sanctions from the UK government

Daily Mirror

From Marylebone to Caribbean: wealth of Abramovich’s business partners revealed

Exclusive: Documents seen by Guardian show empire of Russian steel barons Alexander Abramov and Aleksandr Frolov

The Guardian - UK

Factbox-Seized or sailing away: What we know about oligarchs and their assets

The latest on Russia's oligarchs and their assets:

Reuters

Eugene Shvidler: oligarch pays high price for close ties to Abramovich

Longtime friend and business partner of Chelsea owner is latest Russian billionaire to be hit with UK sanctions

The Guardian - UK

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Reuters

Exclusive-Abramovich handed Chelsea director control of firm on day of Ukraine invasion - filings

Russian businessman Roman Abramovich transferred a company he controlled with tens of millions of dollars of investments to a director of English soccer club Chelsea on the day Russia invaded Ukraine, UK corporate filings showed.

Newsroom.co.nz

NZ's first round of Russia sanctions revealed

Vladimir Putin and 12 others figures are targeted in an initial blacklist over the Ukraine invasion – but not a businessman tied to NZ.

Evening Standard

Crisis deepens at Roman Abramovich’s Evraz as board quits en masse

Ten non-executive directors have quit after sanctions were announced on Abramovich, who owns just under a third of London-listed Evraz

The Guardian - UK

Why has Abramovich’s billionaire friend been left off the UK sanctions list?

Eugene Shvidler has stepped down as a director of Evraz, the steel company accused of possibly supplying steel for tanks

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Evening Standard

Evening Standard Comment: Sanctioning Roman Abramovich is bigger than football

Nineteen years ago, Roman Abramovich flew his helicopter over Stamford Bridge and changed the face of English football with his seemingly endless fortune. Yesterday, that all came to an end as the Chelsea owner and major shareholder in Evraz was placed on a sanctions list by the UK Government.

The Guardian - UK

Evraz board resigns after sanctions imposed on Roman Abramovich

Oligarch has 29% stake in steel and mining group, which ‘is deeply concerned’ by Russia-Ukraine war

The Guardian - UK

UK economy rebounds; Evraz directors resign after Abramovich sanctioned; BAT quits Russia – as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

UK sanctions confusion left Evraz investors not knowing where to stand

Trading in steelmaker’s shares continued for an hour after Roman Abramovich sanctions were announced

The Guardian - UK

Abramovich-linked steel firm denies providing material for Russian tanks

Shares in Evraz, 29% owned by Abramovich, were suspended after UK sanctions on Russian oligarch

The Guardian - UK

US inflation rises to new 40-year high of 7.9%; Abramovich sanctioned by UK – as it happened

ECB raises inflation forecasts, cuts growth outlook amid Ukraine conflict, as stock markets slide and Chelsea FC owner is sanctioned by Britain

Evening Standard

Mothercare and Imperial Brands join Russia boycott as Evraz, Polymetal and Petropavlovsk reassure on sanctions

The corporate boycott of Russia over war in Ukraine gathered pace today, at the same time as a string of Russian businesses listed in London were forced to reassure investors over sanctions.

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