Ties are certainly frayed, especially after Putin essentially seized the Russia operations of companies including Carlsberg and Danone. “Carlsberg Group has divested its Russian business ...

Over 1,300 international companies have either scaled down or ceased their operations in Russia since the beginning of Russia ...

A tentative thaw in ice-cold US-Russia relations is paving the way for American companies to do what, until recently, seemed ...

U.S. President Donald Trump's push for a rapid restoration of ties with Moscow, which would presumably entail a lifting of the economic sanctions the U.S. imposed in concert with other Western ...

At one point, two major multinationals trying to leave — Carlsberg and Danone — had their Russian businesses seized by the ...

But Russia’s economy is struggling and the business ... Other Western firms like Danone, Carlsberg and the Germany energy company Uniper have had their assets seized. The Trump administration ...

The energy sector suffered the biggest financial losses and many companies sold their businesses at a discount rate of up to ...

LONDON: French dairy group Danone is reviewing its legal options after the Russian state took control of its subsidiary in the country, a source close to the matter tells Reuters. The source said ...

Russia has long been a challenging place to ... Months later, the Kremlin nationalized the local assets of French yogurt maker Danone and Danish brewer Carlsberg. Corruption has also worsened ...