Articles for Russia Business

Japan protests against Russia's entry ban on 13 mostly business leaders over sanctions
5 months ago

Japan protests against Russia's entry ban on 13 mostly business leaders over sanctions

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Japan's government said Wednesday it …

Russia Japan Japanese Ban Hayashi Including Toyota
Kaspersky to shut U.S. unit over Russia business unit allegations
5 months, 1 week ago

Kaspersky to shut U.S. unit over Russia business unit allegations

The Hindu  

Cybersecurity and antivirus software provider Kaspersky Lab will start shutting down operations in the U.S. following allegations of operating in Russia’s technology sector. Earlier last month, the U.S. Treasury Department’s Office of Foreign Assets Control had sanctioned twelve Kaspersky Lab executives for operating in Russia’s technology sector, freezing their U.S. assets and preventing access until the sanctions were lifted. The …

Kaspersky Russia Business Kaspersky Lab
The businesses staying in Russia
1 year, 3 months ago

The businesses staying in Russia

BBC  

Business in Russia: Why some firms haven't left Hundreds of companies have exited Russia due to its invasion of Ukraine, but others cite revenue concerns – and even humanitarianism – as reasons to stay put. Critics of companies that have remained in Russia, including Yale Chief Executive Leadership Institute founder Jeffrey Sonnenfeld, denounce these businesses as greedy, or even complicit …

China Ukraine Assets Companies Operations Russian Businesses
Pro-Putin rapper takes over Domino’s Pizza in Russia
1 year, 3 months ago

Pro-Putin rapper takes over Domino’s Pizza in Russia

The Telegraph  

A rapper whose lyrics describe Vladimir Putin as a “die hard superhero” has taken over Domino’s Pizza in Russia after its former owner filed for bankruptcy. Musician turned entrepreneur Timati and restaurateur Anton Pinskiy have secured Domino’s Russian business, as Western businesses face mounting pressure to sever ties with Moscow. The announcement comes nine days after DP Eurasia, which owns …

Russian Domino Pinskiy Dp Russia Dp Eurasia
Dutch brewer Heineken completes its withdrawal from Russia, takes $325m hit
1 year, 4 months ago

Dutch brewer Heineken completes its withdrawal from Russia, takes $325m hit

Al Jazeera  

The world’s second largest brewer sold its business in Russia for just 1 euro, months after announcing its exit. Dutch brewer Heineken has completed its withdrawal from Russia, 18 months after Moscow launched its full-scale invasion of Ukraine, selling its business in Russia for just 1 euro. In March last year, Heineken had said it was quitting Russia as its …

Russia Its Business Heineken
Carlsberg loses contact with Russian employees after Kremlin asset seizures
1 year, 4 months ago

Carlsberg loses contact with Russian employees after Kremlin asset seizures

The Telegraph  

Carlsberg has lost contact with employees in Russia after its brewery was seized by the Kremlin, the drinks giant has said. Cees ‘t Hart, Carlsberg’s chief executive, said on Tuesday that the Danish company was shocked by Russia’s decision to take control of its subsidiary Baltika Breweries last month. Mr ‘t Hart said it had “no indication” why the Russian …

Business Russia Putin Russian Hart Carlsberg Loses Contact
Russia to continue work in CAR, Wagner business separate: Kremlin
1 year, 5 months ago

Russia to continue work in CAR, Wagner business separate: Kremlin

Al Jazeera  

The fate of Wagner mercenaries at home and in parts of Africa is uncertain after its abortive mutiny in Russia on Saturday. Russian advisers will continue working with the forces of the Central African Republic, but the operations there of the Wagner Group are the private military contractor’s own, separate business, the Kremlin says. This week, Russian Foreign Minister Sergey …

Russia Car Russian Kremlin Wagner
Companies find it's not so simple to leave Russia; some quietly stay put
1 year, 7 months ago

Companies find it's not so simple to leave Russia; some quietly stay put

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Companies are lost in “a …

War Sanctions Germany Companies Company Western Putin
Japan’s Sony and Nintendo halt business in Russia
2 years, 9 months ago

Japan’s Sony and Nintendo halt business in Russia

Al Jazeera  

The firms are the latest global brands to join a growing exodus from Russia following its invasion of Ukraine. Japanese gaming giants Sony and Nintendo have halted shipments to Russia, joining a growing list of global brands that are exiting the country following Moscow’s invasion of Ukraine. Sony Interactive Entertainment, the manufacturer of the PlayStation 5, said on Thursday it …

Ukraine Russia Japan Sony Russian Nintendo
China-led development bank halts business in Russia, Belarus
2 years, 9 months ago

China-led development bank halts business in Russia, Belarus

Al Jazeera  

Move is latest sign of the limits of Beijing’s support for Moscow as it faces sanctions and censure over war in Ukraine. A China-led development bank has suspended all business with Russia and Belarus, a possible sign of the limits of Beijing’s support for Moscow as it faces sanctions and censure over its war in Ukraine. Gary Ng, a senior …

China Ukraine Russia Financial Bank Belarus Chinese
Shell Dutch ruling: OPEC and Russia seen gaining more power, business
3 years, 6 months ago

Shell Dutch ruling: OPEC and Russia seen gaining more power, business

Business Standard  

Climate activists who scored big against Western majors last week had some unlikely cheerleaders in the oil capitals of Saudi Arabia, Abu Dhabi and Russia. That's good news for the likes of Saudi Arabia's national oil company Saudi Aramco, Abu Dhabi National Oil Company and Russia's Gazprom and Rosneft. Climate activists scored a major victory with a Dutch court ruling …

Russia Dutch Gas West Saudi Arabia Saudi Demand