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Economy

Visa loses $60 mln after suspending operations in Russia

Visa suffered a loss of $60 million due to the suspension of operations in Russia. This according to the data contained in the payment...
Economy

Most foreign companies ready to work in Russia, but want to reduce risks — RCCI

Most companies with foreign capital are ready to continue working in Russia, but want to reduce the risks of doing business, Sergey Katyrin, President...
Economy

Some EU members say will veto any collective ban on Russian oil — official

The European Union currently has no plans of introducing a collective ban on Russian oil supplies, because several EU members threatened to veto this...
Economy

State Revenue Committee publishes list of 1000 major taxpayers

The State Revenue Committee of Armenia has published the list of 1000 major taxpayers for the period of January-March 2022. Over 327 billion...
Economy

Indonesia’s Adaro sells coal to European buyers ahead of Russia sanctions

Indonesia's second biggest coal miner PT Adaro Energy Indonesia Tbk said on Monday it has shipped roughly 300,000 tonnes of coal to some buyers in...
Economy

China to step up financial support for industries hit by COVID outbreaks

China will step up financial support for industries, firms and people affected by COVID-19 outbreaks, the central bank said on Monday, as part of...
Economy

Importing electric vehicles to Armenia is 32% cheaper than ICE cars

The government of Armenia defined a tariff privilege for electric vehicles being imported to Armenia. Minister of Economy Vahan Kerobyan said at the Cabinet meeting...
Economy

Armenia starts paying in rubles for Russian gas

Armenia started to pay for Russian gas in rubles, the Armenian Minister of Economy Vahan Kerobyan told RBK. “We must move towards national currencies. There...
Economy

Oreo-maker, Nestle, Pepsi face pressure from European employees over Russia

Oreo-maker Mondelez, Nestle and PepsiCo face staff defections in Ukraine and pushback from workers in eastern Europe angered by the companies' decisions to maintain...
Economy

Elon Musk swoops down on Twitter with $41 bln cash offer

 Elon Musk has offered to buy Twitter for about $41 billion in cash, saying the social media company he has often criticized needs to go...
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