Italy said on Thursday that firms that have helped Russia fund its war on Ukraine by doing business with the country should ...

Italy advocates excluding firms that aided Russia's war efforts from profiting in Ukraine's reconstruction. At a Rome conference, 10 billion euros were pledged to assist Ukraine, and Prime Minister ...

Italy advocates for the exclusion of companies that supported Russia from Ukraine's reconstruction profits. With a pledge of ...

Three companies based in the United Arab Emirates have approached the Italian Treasury with a proposal to buy the Russian operations of UniCredit at a steep discount, a document seen by Reuters ...

The European Union has banned top credit rating firms from rating Russia's sovereign debt and the country's companies as part of its latest sanctions package, the European Commission said on Tuesday.

The European Union has proposed for the first time to target Chinese companies and individuals with visa bans and asset freezes over their dealings with Russian firms linked to Moscow’s war ...

Russian oil exports to Italy are four times higher in May compared to February as Western sanctions on Moscow produce unintended consequences.

Russian cybersecurity company Kaspersky will “gradually wind down” its US operations and lay off the company’s US-based employees after the US Department of Commerce announced a ban on the ...

Russia's Foreign Ministry said in a statement that the bans are in response to “motivated harassment of domestic journalists and unreasonable bans of Russian media in the EU.” ...

Italy’s largest refinery, owned by Russia’s Lukoil, has lost financing because of sanctions. Now, it faces the cutoff of its crude supply, putting thousands of jobs at risk.

Italy is no longer dependent on Russian gas as an energy resource, Italian Environment and Energy Security Minister Gilberto Pichetto Fratin said in an interview on April 15.

The IOC has extended its ruling from March 2023, barring Russian teams from competing in the Winter Olympics in Italy next year, with individual Russian athletes able to compete in neutral teams.