Monday , February 26 2024
Home / Tag Archives: giant

Tag Archives: giant

Kwork.ru - услуги фрилансеров от 500 руб.

Kremlin hails repatriation of tech giant

The Kremlin welcomes the agreement to sell tech giant Yandex’s Russian business to a consortium of private investors, spokesman Dmitry Peskov said on Monday. Often referred to as “Russia’s Google,” Yandex has come under intense pressure amid Western sanctions. Since 2022, the Dutch-registered entity has been seeking to divest its …

Read More »

German arms giant to repair tanks in Ukraine

A repair facility for Leopard 2 tanks and other German-made hardware supplied to Kiev by the West for use in its conflict with Moscow will commence operations in Ukraine after this summer, Rheinmetall CEO Armin Papperger has said. “We want to start operations after the summer break,” Papperger told Der …

Read More »

German gas giant pleads for state funding amid energy crisis

Germany’s largest gas importer – Uniper – has been struggling to replace missing Russian gas supplies as the company’s losses are mounting, its CEO, Klaus-Dieter Maubach, admitted this week. The company might also run out of the money provided by Berlin in the form of an aid package later this …

Read More »

US oil giant vows to sue Russia – WSJ

ExxonMobil has threatened the Russian government with a lawsuit unless Moscow allows the company to exit the Sakhalin-1 oil and gas project, the Wall Street Journal reported on Tuesday, citing its sources. The company reportedly said in a statement it has been trying to exit the Russian project in the …

Read More »

Russia cuts off gas supply to French energy giant

Russian state-owned energy giant Gazprom confirmed on Tuesday it had cut off off gas supplies to French utilities company Engie. The Paris-based firm has failed to pay for July gas deliveries in full, the Saint Petersburg major explained. Gazprom informed Engie that it would cease the gas deliveries starting September …

Read More »

Ukrainian energy giant’s debt plan rejected – media

Creditors of Ukraine’s state-owned energy company Naftogaz have rejected the firm’s request for a two-year debt payment freeze, the country’s media reported on Monday. Naftogaz made the proposal earlier this month, citing a “significant economic and business decline in Ukraine” caused by the ongoing conflict with Russia. The deadline for …

Read More »

US tech giant leaving Russia

US technology firm IBM announced, on Tuesday, that it plans to pull out of the Russian market due to the conflict in Ukraine. The company’s chief executive Arvind Krishna said in a statement: “Let me be clear: we have suspended all operations in Russia.” The company’s Russian website on Tuesday …

Read More »

Toy giant falls victim to delivery shortage

Several certified Lego stores in Russia have suspended their work due to a lack of supplies, Inventive Retail Group, which manages the stores in Russia, told RIA Novosti earlier this week. “The work of some of our stores is indeed temporarily suspended due to the lack of deliveries of Lego …

Read More »

Food giant divests from West Bank

General Mills has announced the sale of its stake in an Israeli joint venture based in the occupied West Bank, the company announced on Tuesday. The subsidiary, which primarily sells breads and dough-based snack products under GM’s Pillsbury brand name, will be acquired by Bodan Holdings, which already holds 40% …

Read More »