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The United Russia party has proposed nationalizing the production facilities of companies that announce shutdowns in Russia during the special operation in Ukraine, secretary of the United Russia General Council Andrei Turchak said. …
PJSC Gazprom has submitted an application to Rospatent for the registration of the "Gazprom Pay" brand. The trademark is being registered under the class of the international classification of goods and services (ICGS) No. 9, …
The American educational platform Coursera and the British educational corporation Pearson temporarily stop their activities in Russia due to a special military operation conducted by Russia in Ukraine. "We will not support the …
Home rental company Airbnb Inc is suspending all operations in Russia and Belarus, Chief Executive Officer Brian Chesky said in a tweet on Thursday. On Monday, the company announced its nonprofit arm Airbnb.org would offer free, …
The Danish manufacturer of Lego has suspended deliveries to Russia due to sanctions and unpredictable conditions. This is stated in a company statement. "We have suspended all shipments of products to Russia in light …
Spotify has closed its office in Russia indefinitely in response to Russia's actions in Ukraine, the audio streaming platform said. "Our first priority over the past week has been the safety of our employees and to ensure …
Business software giant Oracle Corp said it has suspended all operations in Russia, while rival SAP SE later announced it would pause all sales in the country following Moscow's actions in Ukraine. Oracle's announcement on …
Swedish fashion group H&M is temporarily pausing all sales in Russia, it said on Wednesday. The world's second-biggest fashion retailer said it was deeply concerned about the tragic developments in Ukraine and "stand with …
Apple is putting on hold sales of its products and limits its services in Russia, the company said in a statement. "We have paused all product sales in Russia. Last week, we stopped all exports into our sales channel in the …
Companies from Russia are ready to actively participate in the privatization of Azerbaijani enterprises, according to the materials on the meeting of the country's President Vladimir Putin and Azerbaijani President Ilham Aliyev. …
Major Russian private Sovcombank intends to acquire Uzagroexportbank. Thus, 100% of the unprofitable enterprise will be sold by Uzbekistan. "At the moment, the parties are negotiating on the terms of the deal. Several million …
Siemens and Russian Railways have signed a contract on the development of a high-speed train to be used at the Moscow-St. Petersburg high-speed line starting 2028, President of Siemens Russia Alexander Liberov said. "We together …
Russia plans to invest $1 billion in the Armenian economy in the near future, Deputy Economic Development Minister Dmitry Volvach said at a briefing on Tuesday on the sidelines of the 8th Armenian-Russian Interregional Forum. "Our …
The novel coronavirus pandemic has posed risks to macroeconomic stability but has facilitated digitalization and other changes in the industial sector that has been pressing for years, Russian Prime Minister Mikhail Mishustin said on …
Optimism rises among Russia's large and medium-sized business owners as their pessimism has dropped to 4%, according to a Deloitte study. It is noted that this indicator has fallen to an absolute low since the beginning of 2015. …
The current restrictions on exports of key food products will stay in place in Russia to protect the domestic market from price rises, Russian Minister of Economic Development Maxim Reshetnikov said on Sunday. According to the minister, …
Russian food retailer Magnit MGNT.MM has reached an agreement to acquire 100% of shares in the Dixy retail chain, including 2,651 of its stores in Moscow, St Petersburg and other regions, Magnit said on Tuesday. The deal price …
S7 Airlines plans to create a low-cost airline, Vedomosti informs with a reference to three sources in the aviation industry. An S7 representative also confirmed this information. "At present, the S7 Group is negotiating with …
The value added tax (VAT) should be abolished in Russia, first deputy chairman of the State Duma Commission on Small and Medium-Sized Businesses Nikolai Arefiev said in an interview with the Rossiya-1 television channel. "I …
