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

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

“Putin does not want peace and he’s not going to settle,” says Simon Johnson, MIT professor and former chief economist at the ...

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

French yoghurt maker Danone and Danish brewer Carlsberg had their Russian assets seized and sales forced through to hand-picked buyers. "There are no signs that this process can be reversed and ...

LONDON - One morning in October 2024, three men entered the Moscow headquarters of Glavprodukt, the largest maker of canned ...

LONDON (Reuters) - One morning in October 2024, three men entered the Moscow headquarters of Glavprodukt, the largest maker of canned food in Russia. One announced himself as the new director ...

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

Importantly, and as we intended in our Renew Danone strategy ... 4.8% mainly resulting from the deconsolidation of our EDP Russia as well as the Horizon Organic businesses. In total, reported ...