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BUSINESSSep 25Russia Expands Flagged Fleet as Sanctioned Tankers Seek ShelterRussia is expanding its flagged fleet as tankers impacted by sanctions seek refuge. This indicates ongoing efforts by Russia to circumvent international sanctions, impacting global shipping and trade.slguardian.org · Sri Lanka
BUSINESSSep 24Average household utility rates in Russia are expected to rise 11% in July 2027, up from the 8.7% increase authorities previously projectedRussia’s Economic Development Ministry forecasts an average 11% increase in utility rates on July 1, 2027. It projects average increases of 8.6% on July 1, 2028, and 7.6% on July 1, 2029.Meduza [en]
BUSINESSSep 24Russia plans higher taxes on passive income and foreign online purchases as budget deficit continuesRussia’s Finance Ministry has submitted a draft 2027 budget, along with spending plans for 2028 and 2029, to the government.Meduza [en]
BUSINESSSep 23Russia has 2.5 trillion rubles more cash in circulation than at the start of the year. The central bank wants lenders scrutinizing where it comes from.The Bank of Russia will issue new recommendations asking banks to look more closely at where their clients’ cash comes from, said Bogdan Shablya, head of the central bank’s Financial Monitoring and Foreign Exchange Control Service.Meduza [en]
BUSINESSSep 23Russian units of Auchan, Nestlé, Lemana PRO (formerly Leroy Merlin), and FM Logistic get new executives under Putin-ordered temporary controlManagement has changed at the Russian operations of all four foreign companies whose assets Vladimir Putin placed under temporary control by decree.Meduza [en]
BUSINESSSep 23Trump’s Russia tariffs could threaten to deepen Europe’s LNG squeezeThe European Commission has said it will work with Washington to make sure that as little disruption as possible will come from the latest tariffs against Russian energy announced by Donald Trump.EuroNews [en]
BUSINESSSep 22Indian refiners seek alternatives to Russian oil amid US sanctions Law — BloombergIndian oil refiners currently negotiating crude oil supplies for November may reduce purchases from Russia following the enactment of a US sanctions law that threatens to impose new tariffs.Ukrinform [en]
BUSINESSSep 22Indonesia presses ahead with Russian oil imports despite ‘real risk’ of US penaltiesIndonesia plans to press ahead with discounted Russian crude oil imports to secure domestic energy supplies and manage fiscal pressures, despite the risk of higher US tariffs as Washington moves to tighten economic pressure on Moscow. On Friday, US President Donald Trump signed into law an act that would give him authority to impose sanctions on Russia and slap tariffs of up to 100 per cent on the top five buyers of Russian crude oil, gas and military equipment, or countries that help Moscow...South China Morning Post
BUSINESSSep 22Moscow’s asset seizures unnerve Japanese companies in RussiaMore than 200 Japanese companies still operating in Russia face growing uncertainty following Moscow’s seizure of three Western firms’ assets, amid deteriorating diplomatic relations. The Kremlin announced on Friday that the assets of Swiss food giant Nestlé, French retailer Auchan and home improvement chain Lemana Pro had been transferred to Russian entity LEV Management under a decree signed a day earlier by President Vladimir Putin. “These are unfriendly nations,” Kremlin spokesman Dmitry...South China Morning Post
BUSINESSBREAKINGSep 21Russia seizes control of Nestle , Auchan businesseshongkongherald.com · China
BUSINESSSep 21Europe Russian Money Problem - FINCHANNELEurope is facing issues related to Russian money. This suggests ongoing financial challenges or implications stemming from financial ties with Russia.finchannel.com · United States
BUSINESSSep 21U.S. grains rally ahead of 'positive' Trump-Xi summit, continued Russia-Ukraine fightingU.S. grain prices are rallying in anticipation of a 'positive' summit between Trump and Xi, and amid the ongoing conflict between Russia and Ukraine. These geopolitical factors are influencing agricultural commodity markets.Seeking Alpha Tech
BUSINESSSep 21Russia seizes control of Nestle , Auchan businessesRussia has reportedly seized control of businesses belonging to Nestle and Auchan, indicating significant state intervention in the private sector and potential implications for international corporations.californiatelegraph.com · United States
BUSINESSSep 21Russia seizes control of Nestle , Auchan businessesgreekherald.com · Greece
BUSINESSSep 20Russian Firm To Revive NIOMCO , Promises 500 , 000 Jobs In NigeriansA Russian firm plans to revive NIOMCO and has promised to create 500,000 jobs in Nigeria. This signifies a significant international business investment with potential economic impact and job creation.silverbirdtv.com · Nigeria
BUSINESSSep 20Stock market this week : Russia - Iran sanctions , crude oil , bond yields in focusThis article focuses on the stock market outlook for the week, highlighting the impact of Russia-Iran sanctions, crude oil prices, and bond yields. These elements are key drivers of market performance and investor sentiment.moneycontrol.com · India
BUSINESSSep 18Reuters: Germany’s AfD party and Kremlin envoy prepare for talks on restarting Russian gas suppliesLeaders of the far-right Alternative for Germany party have begun preparing for talks on resuming Russian gas deliveries to Germany, Reuters reported, citing two sources.Meduza [en]
BUSINESSSep 18Putin targets Nestle's Russian business as Kremlin tightens grip on Western assetsNestlé is assessing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.CNBC
BUSINESSSep 18Diesel prices at record highs amid Strait of Hormuz disruption, Russia-Ukraine warThe average price for a gallon of diesel was still hovering around a record-high of $6.43 as of Friday morning, according to the latest data published by GasBuddy.ABC News
BUSINESSSep 18‘Nestlé is committed to taking all necessary steps to protect its rights’: Nestlé and Auchan respond to Putin’s decree placing their Russian assets under temporary managementNestle said it has “taken note” the Russian president’s decree introducing “temporary external administration” at Nestlé Russia.Meduza [en]
BUSINESSSep 18Russia seizes assets of Swiss food giant Nestle and three French firmsRussian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management. Most Western companies quickly sold their Russian operations and holdings after Moscow launched its full-scale invasion of Ukraine, and the Kremlin has since made it difficult for firms to leave the country.France 24 [en]
BUSINESSSep 18Russia seizes assets of Nestlé and French firms Auchan and Leroy MerlinMoscow defended on Friday a decree issued by Russian President Vladimir Putin the previous evening that led authorities to seize assets of three French firms, as well as Swiss food giant Nestlé, the latest response to Western sanctions over the Ukraine conflict.Le Monde [en]
BUSINESSSep 17Putin put Russian assets of French supermarket chain Auchan and Swiss food giant Nestlé under temporary management. Neither company had left Russia after the full-scale invasion.The assets of the Russian subsidiaries of France’s Auchan and Switzerland’s Nestlé have been placed under the temporary management of a company called L.E.V. Management, under a decree signed by Russian President Vladimir Putin.Meduza [en]
BUSINESSSep 17Shares in Raiffeisen Bank International fell 9% after a short seller accused the lender of helping Russia evade sanctions. The bank called the report misleading and factually wrong.Shares in Raiffeisen Bank International fell 9% during trading on September 17 after the short seller Grizzly Research published a report accusing the bank of helping Russia evade sanctions.Meduza [en]
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