Economy

The fourth coffee producer in the world, the German Tchibo GmbH, left the Russian business and ceased to own Chibo CIS LLC, follows from the data of ...

Less than 100 miles east, artillery salvos pound Ukrainian defensive positions as Russian forces inch forward. But below the surface of this ...

Coca-Cola HBC AG said on Thursday it incurred a one-time hit of 190 million euros ($195.36 million) in the first-half due to costs related to its ...

The EU member states imposed sanctions Thursday on Ukraine's ousted pro-Russian former president Viktor Yanukovych and his son Oleksandr for their ...

The Secretary-General has underscored the importance of the parties working in partnership directly to effectively implement the Black Sea Grain ...

According to the Finance Ministery of the Taliban, the contract has been signed in order to reduce the price of fuel in Afghanistan. Earlier, a ...

IMAX Corporation left Russia on June 1, 2022. Roman Isaev, member of the Board of the Association of Cinema Owners, announced today.“I am ...

Turkish officials say a deal on a U.N. plan to unblock the exports of Ukrainian grain amid the war and to allow Russia to export grain and ...

Russia resumed pumping gas via its biggest pipeline to Europe on Thursday after a 10-day outage, the operator said, allaying Europe's immediate ...

The Swedish-Swiss concern ABB, which specializes in the field of power engineering and electrical engineering, is leaving the Russian market. This ...

Gazprom is expected to restart gas flows through the Nord Stream 1 pipeline on Thursday, after the completion of a 10-day maintenance that has put ...

The European Commission, the EU executive, formally proposed on Friday its latest package of sanctions against Moscow, including an import ban on ...

Even as it engages in fierce fighting with Russia on the battlefield, Ukraine is also waging war on a different, more shadowy front: rooting out ...

Euromoney has named Ameriabank the Best Bank of Armenia in its Awards for Excellence 2022, which were announced at a ceremony in London. The ...

H&M the world’s second-biggest fashion retailer, said on Monday it had decided to wind down its business in Russia, joining a growing list ...

The European Union has targeted Russian gold exports in a seventh package of sanctions proposed by the European Commission on July 15. The ...

The leaders of the World Bank, the Food and Agriculture Organization, the International Monetary Fund (IMF) and the World Trade Organization (WTO) ...

A new package of sanctions against the Russian Federation for the war in Ukraine will be formed and adopted in the coming weeks. Since February, ...

Following the assessment that business continuity in Russia, in the current situation, is not feasible, Electrolux Professional is to cease its ...

On July 6, Idram, IDBank and the "reArmenia" platform signed a memorandum of cooperation, by which they agreed regularly include the projects of ...

IDBank and Idram have summed up the results of the next program of the “Power of one dram” initiative: the entire amount of “one ...

New anti-Russian sanctions approved by the Japanese government. This was announced on July 5 by the press service of the Japanese Ministry of ...

From July 1 to October 1 of this year, within the framework of IDSalary package, by ordering Mastercard Standardand Mastercard Gold cards of IDBank ...

Russian gas giant Gazprom has decided not to pay dividends on last year’s results, the first time it will not pay out since 1998, sending its ...

The Board of Directors of Nokian Tires decided to leave the Russian market and stop the largest enterprise in Vsevolozhsk. It produces 80% of all ...

French tyre maker Michelin said on Tuesday (Jun 28) that it plans to hand over its activities in Russia to a new entity under local management by ...

Finnish elevator maker Kone said on Tuesday it will sell its business in Russia to local management for an undisclosed amount. The firm had ...

The British company IHG, which owns the Holiday Inn hotel chain, announced its withdrawal from Russia. This is stated on the company’s ...

The Japanese government will expand individual and export sanctions against Russia, Prime Minister Fumio Kishida said at a G7 summit in Germany, ...

Russia defaulted on its foreign-currency sovereign debt for the first time in a century, the culmination of ever-tougher Western sanctions that shut ...