A Russian court on Friday ordered Belgian financial group Euroclear to pay around $250 billion in damages over the freezing of billions of dollars worth of Russian assets in the European Union since the start of the full-scale invasion of Ukraine.

A Moscow court has ruled in favor of Russia’s Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Moscow’s frozen assets in…

MOSCOW: A court in Moscow ruled in favor of the Russian Central Bank in its lawsuit against Euroclear, the Brussels-based clearing house that holds the bulk of Russian assets…