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BUSINESS4h agoBrent crude hits $110 for first time since May as Middle East conflict , Russia supply risks fuel rallymoneycontrol.com · India
BUSINESS14h agoBulgarian grain producers association : Ships have already refused to come to our ports for grain exportsThe Bulgarian grain producers association reports that ships have refused to come to their ports for grain exports, indicating a significant disruption in the supply chain and trade.sofiaglobe.com · Bulgaria
BUSINESS17h agoPutin hands French flooring giant Tarkett’s Russian assets to former regional official who fought in Ukraine. New owner asks journalists not to write about it.Russian President Vladimir Putin transferred the Russian business of French flooring maker Tarkett and four other major companies with combined revenue of 53 billion rubles to the management of Marat Mirkhaidarov, a former deputy premier of Zabaikalsky Krai, the independent Russian investigative outlets The Insider and Agentstvo found.Meduza [en]
BUSINESS19h agoEurope's answer to SpaceX set for 25% weekly gain as Ukraine's Starshield limits raise concernsEutelsat's shares soared this week and continued climbing on Friday as its competitor Starshield drew criticism over its limitations in Ukraine.CNBC
BUSINESS20h agoPutin seizes five more European firms, continuing Russia's hostile asset crackdownThe decree covers a flooring manufacturer, a paper packaging firm, a hygiene products maker, and two metal- and plastic-packaging companies, all of which continued operating in Russia after the all-out invasion of Ukraine in early 2022.EuroNews [en]
BUSINESS21h agoPutin places assets of several more foreign companies, including flooring manufacturer Tarkett, under temporary managementPresident Vladimir Putin has placed the Russian assets of several European companies, including French flooring manufacturer Tarkett, under temporary management, naming Tsentr Kapital as the managing company.Meduza [en]
BUSINESS23h agoWorld Bank Group mobilizes $100M private capital in Azerbaijan , FY26The World Bank Group is set to mobilize $100 million in private capital for Azerbaijan in Fiscal Year 2026. This represents a significant financial investment aimed at development in the country.trend.az · Azerbaijan
BUSINESS1d agoRussian Firm A7 Launches Crypto - to - Bank Payment Service , Company Says – NaturalNews . comA Russian firm, A7, has launched a new crypto-to-bank payment service, according to the company. This represents an advancement in integrating cryptocurrency with traditional financial systems.naturalnews.com · United States
BUSINESS1d agoUS extends sanctions waiver for Russian oil giant Lukoil until 2027A separate Treasury license on Thursday also authorized certain transactions involving Lukoil's Bulgaria entities through April 24, 2027.EuroNews [en]
BUSINESS1d agoParliament passes law on taxing international parcels worth up to €150The Verkhovna Rada has passed a law introducing taxation of small postal and express shipments worth up to €150 ordered through online marketplaces.Ukrinform [en]
BUSINESS2d agoA major Russian business association has proposed sweeping away tax breaks for small businesses. Here’s what would change — and why the Kremlin might agree.Delovaya Rossiya, one of Russia’s largest and most influential business associations, has proposed more than 50 economic reforms to the authorities, RBC reported. Many clearly run counter to small businesses’ interests.Meduza [en]
BUSINESS2d agoHow Azerbaijan is building its next chapter in tourismFlorian Sengstschmid, CEO of the Azerbaijan Tourism Board, tells the Travel and Tourism Summit how direct flights, regional investment and a 2030 plan are shaping the country’s future.EuroNews [en]
BUSINESS2d agoWhy are portions of prepared meals getting smaller in Russia? Rising costs may be only part of the answer.Portion sizes for prepared food in Russia fell by 10.3% over the past year to 266 grams (about 9.4 ounces), according to calculations by the analytics company Ntec, as cited by Kommersant.Meduza [en]
BUSINESS2d agoWhat is potash, and why is the US importing it from Belarus?US reliance on Canadian potash, a key fertiliser mineral, adds to farmers' cost concerns amid trade tensions.Al Jazeera [en]
BUSINESS2d agoTrump's diesel deal with Russia is unlikely to significantly lower global fuel prices despite expectations of rapid reliefAs the world's largest diesel exporter, the US benefits from high prices. At home, however, consumers are feeling the strain of rising living costs. Why Donald Trump's deal with Russia is unlikely to change that.DW News [en]
BUSINESS2d agoRussia could export up to 3.5 million tons of diesel by the end of the yearRussia plans to export up to 3.5 million tons of diesel by the end of the year, according to an agreement with the U.S., representing more than 10% of the global market. The pact between Russian and U.S. leaders seeks to stabilize global energy prices, although its impact could be limited in the marClarín
BUSINESS2d agoBusiness association Delovaya Rossiya proposes partially scrapping simplified tax system, taxing Russians’ passive incomeThe business association Delovaya Rossiya has drafted proposals to overhaul the Russian economy, the Russian business news outlet RBC reported. Some of the proposed measures would significantly tighten conditions for small and medium-sized businesses, while others target citizens’ passive income.Meduza [en]
BUSINESS2d agoAzerbaijan to commission 11 solar, wind plants by end-2027 – ministerAzerbaijan's minister announced plans to commission eleven solar and wind energy plants by the end of 2027. This indicates a significant investment in renewable energy infrastructure.trendaz · azerbaijan
BUSINESS3d agoRussian banks fear massive fines after unprecedented surge in court bailiff inquiriesRussian banks received millions of requests for information about debtors from the Federal Bailiff Service (FSSP) over three days between September 18 and 21, an unprecedented volume, the National Financial Market Council reported.Meduza [en]
BUSINESS3d agoIMF lowers forecast for Russia’s economic growthThe International Monetary Fund has lowered its forecast for Russia’s economic growth to 0.9% in both 2026 and 2027. The updated forecast, released on October 13, is down from its July projection of 1.1% for each year.Meduza [en]
BUSINESS3d agoDiesel futures jump, signaling higher prices to come despite Trump’s Russia deal“Absolutely stunning price spikes in wholesale diesel today,” a top energy analyst said.NBC News
BUSINESS3d agoRussian telecom giant Rostelecom offers smaller internet providers relief from surveillance costs. In exchange, it wants their customers — and most of their revenue.Russia’s largest nationwide telecommunications operators, Rostelecom and TransTeleCom, have begun offering small regional providers service agreements under which the providers would hand over their infrastructure and subscriber bases, Kommersant reported after reviewing the presentations.Meduza [en]
BUSINESS3d agoEurope paid Russia $209bn for energy since 2022, far below Moscow’s $320bn claimThe European Commission pushed back against what appear to be inflated claims by Russia — and the United States — regarding the bloc’s spending on Russian energy since 2022.EuroNews [en]
BUSINESS4d agoRent spikes in Georgia and Armenia as Russians flee fearing mobilisationMonthly rents in Yerevan now run to €800–900 for a two-room flat, up 23.5% year on year in August, while Tbilisi rents have stabilised after 60–70% jumps following the full-scale invasion of Ukraine in 2022. Russian nationals account for 72% of all foreign property transactions in Armenia.EuroNews [en]
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