blocking

By Emma-Victoria Farr, John O’Donnell and Alexandra Schwarz-Goerlich FRANKFURT/VIENNA (Reuters) -A Russian court froze the shares in Raiffeisen Bank International’s local arm, the biggest Western bank in Russia said on Thursday, blocking the sale of the unit and escalating a standoff between Moscow and the West. Austria-based RBI had vowed…

By Jeff Mason, David Shepardson and Alexandra Alper WASHINGTON (Reuters) -The White House is close to announcing President Joe Biden will block Nippon Steel’s acquisition of U.S. Steel citing national security concerns, two sources familiar with the situation said on Wednesday, amid growing bipartisan political opposition to the $14.9 billion…

A major student-loan company just got hit with a lawsuit over claims it harmed the millions of borrowers it services.On Monday, the American Federal of Teachers filed a lawsuit against servicer MOHELA, accusing it of illegally overcharging borrowers on their monthly payments, failing to process paperwork in a timely manner,…