Russian billionaire Alisher Usmanov has filed a lawsuit against a German unit of UBS Group AG over anti-money laundering reports that triggered a criminal investigation of him.

Italian authorities have arrested a Russian businessman accused of assisting the son of a Putin ally in escaping house arrest in Italy.

Coca-Cola and Starbucks have sought to re-register their trademarks in Russia to protect their intellectual property rights.

The leaders of the Group of Seven, the world’s wealthiest nations, have agreed to create a $50 billion loan to help Ukraine in its fight to survive Russia’s onslaught, with interest earned on profits from Russia’s frozen central bank assets used as collateral.

Two Russian-born American citizens were arrested for attempting to illegally export $500,000 worth of snowmachines from the US to Russia via China.

The US has imposed sanctions on several companies based in Hong Kong and the UAE for involvement in the trade of gold produced by a sanctioned Russian miner.

The European Union is considering sanctions against Russia's Sovcomflot PJSC, a major oil-shipping company, aiming to curtail the Kremlin's financial support for its military actions in Ukraine.

The United States anticipates the G7 to issue a stern warning to smaller Chinese banks to halt their assistance to Russia.

Russia's President Vladimir Putin has claimed that almost 40% of the country's trade is now transacted in Russian rubles.

The Australian Information Commissioner has filed a lawsuit against a Medibank for allegedly failing to protect data from being misused.