Washington pressures Austria to abandon deal with Russian tycoon

Business and Financetrade

Reuters exclusive report The United States is pressuring Austria’s Raiffeisen International Bank, Russia’s largest Western bank, to abandon plans to buy a 1.5 billion euro industrial stake from a Russian tycoon. Washington’s intervention could derail one of the West’s biggest deals in Russia and put more pressure on the Austrian group.

market impact

After the Reuters report, Raiffeisen’s stock price plummeted, falling by about 16% at one point.A

Article tags

Topics of interest: Business and Financetrade

type: Reuters Best

department: Business and Finance

area: Europe

nation: Russia

Winning type: exclusivity

Story type: exclusive/exclusive report

media type: text

Customer Impact: important national stories

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By Ali Raza

I am a dedicated and skilled News Content Writer with a passion for delivering accurate and engaging stories to a diverse audience. With a solid background in journalism and a keen eye for detail, I bring a commitment to excellence and a deep understanding of the evolving media landscape.

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