BRIEF-Alliance One to enter into a credit agreement with certain bank lenders
* Alliance One International intends to enter into a credit agreement with certain bank lenders to establish a revolving asset-based lending facility- SEC filing
MOSCOW, July 25 An Italian-Russian project to build a new generation small submarine has been suspended because of the "political situation" following Western sanctions on Russia over the Ukraine crisis, Itar-Tass news agency said on Friday.
The decade-old deal between Russian company Rubin and Italian shipmaker Fincantieri to build a 1,000-ton diesel submarine, the S-1000, is part of President Vladimir Putin's plans to revamp Russia's fighting force.
"To our regret, due to the well-known political situation this project has been suspended," Itar-Tass quoted Igor Vilnit, the head of Rubin's Central Design Bureau for Marine Engineering, as saying.
Rubin declined immediate comment to Reuters.
The latest round of U.S. sanctions targeted Russian arms producers, including some of the most iconic names in Soviet and Russian weaponry.
The downing of a Malaysian passenger jet in eastern Ukraine has also put the spotlight on arms cooperation with Moscow, including French plans to deliver a helicopter carrier to Russia. (Reporting by Alissa de Carbonnel, Editing by Timothy Heritage)
LONDON, Sept 27 Standard Chartered has referred allegations of impropriety at an Indonesian power company that the bank's private equity arm invested in to the appropriate authorities, the bank said on Tuesday.
BRASILIA, Sept 27 Brazil's central bank expects inflation to ease below the official target in 2017 after years hovering well above the goal, leaving the door open for cutting some of the world's highest interest rates as early as October.