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RUSSIA COMPANIES EXIT
Straitjacket of Washington: Limits of US unilateralism are evident in consequences of its deal with IranUS actions are testing global limits. Iran deal, Indian sailor deaths, G7 summit divisions and tech export bans are among the top examples ...
Russia's oil major says US companies benefit from the closure of the Strait of HormuzRosneft CEO Igor Sechin stated that American energy companies are benefiting most from the closure of the Strait of Hormuz. He believes the...
Inox Clean buys assets of US' Boviet Solar for $750 millionInox Clean Energy has secured Boviet Solar's US solar manufacturing assets for $750 million. This strategic acquisition includes solar modu...
The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...
OPEC+ to make first post-UAE production decisionSeven OPEC+ nations are meeting to set oil production quotas -- the first decision since the UAE left the cartel. The war in the Middle Eas...
Why market fell today? Sensex slumps 583 pts, Nifty below 24,000; 7 key triggersIndian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty both falling over 0.7%. This decline was driven ...
Why is market falling today? Sensex slumps 1,200 pts, Nifty below 23,850; 7 key triggers behind bloodbathIndian stock markets experienced a significant downturn on Thursday, with Sensex and Nifty dropping over 1% each. Soaring oil prices to his...
Why is the UAE, OPEC’s third-largest oil producer, leaving OPEC? Will Iraq or Kuwait leave next, and what it means for oil prices and the cartel’s futureWhy is UAE leaving OPEC, will Iraq or Kuwait leave next? Nearly 3.5 million barrels per day are now at stake. The Organization of the Petro...
Who was Mark Mobius and why was the $40 billion India bull famous as ‘Indiana Jones of emerging markets’Mark Mobius, a renowned investor, passed away at 89. He was a global champion for emerging markets, especially India. Mobius saw opportunit...
Indian businesses can replace void left by Western companies in Russia, says Roscongress CEO StuglevIndian companies can fill the void left by Western firms exiting Russia. Roscongress Foundation CEO Alexander Stuglev expressed optimism ab...
Donald Trump's return adds new twist to Western firms' Russia exit dilemmaWestern companies still operating in Russia face heightened uncertainty under Trump's impending presidency and stricter exit conditions fro...
No 'free exit' from Russia for Western firms: KremlinThe Kremlin has announced that Western companies seeking to sell their Russian assets will not have a "free exit" and must adhere to strict...
Buying a bottle of beer would have costed more than buying Heineken's Russia businessHeineken has completed its exit from Russia by selling its operations there to Russia's Arnest Group for one euro. The deal is likely to re...
Whirlpool to exit Russia, take $300 million-$400 million hit in second quarterThe deal, which also includes Whirlpool's sales operations in Kazakhstan and other select countries in Commonwealth of Independent States (...
British retailer Marks and Spencer exits RussiaThe exit, plus disruption to M&S operations in Ukraine run also by franchisee Fiba, is costing the British company £31 million ($39 million...
Companies leaving Russia don’t know if and when they’ll returnAfter Vladimir Putin ordered an invasion of Ukraine on Feb. 24, a mass corporate exodus set in, starting with BP Plc and quickly gathering ...
After China, Uber exits Russia but books a ride with Yandex TaxiThe Russia deal is Uber's second retreat from a major market after exiting China last year, losing over $2 billion in its battle with Chine...