Drilling into the details, net profits of Russian non-financial companies grew RUB2 trillion from January to July, RUB1 trillion of which analysts attribute to higher oil prices, according to the HSE Center for Development report. The profits of extractive enterprises increased 66.4% in annual t...
Russia Today is the first 24/7 English-language news channel to present the Russian point of view on events happening in Russia and around the globe. If some problems - try this linkRT (Europe) Country:Russian federation Category:General ...
On December 5, 2019, Russian Post JSC announced that it had signed a strategic partnership agreement with the Accord Group of Companies (Accord Group of Companies). The parties agreed to join forces to further develop the market for the delivery of written correspondence, and also decided to ...
Signet said it expects the jewelry market as a whole to be down low-single digits to flat this year. “Our fiscal 2023 guidance reflects top-line performance that we believe will outpace the market while also delivering a double-digit operating margin by leveraging sustainable advantages, notably...
Thus, faltering production is predominantly caused by internal factors, which should become the main focus of government and oil companies. On the other hand, market niches for Russian petroleum products are shrinking in the forecast period, as Europe is well on the way to reduce fossil fuel ...
Meta said it would block access to RT and Sputnik, two major Russian-controlled media companies, across the EU in an attempt to battle misinformation. "We have received requests from a number of Governments and the EU to take further steps in relation to Russian state controlled media," Meta...
Subsidies distort the distribution of economic resources and limit market competition (OECD, 2001). Moreover, they are mostly allocated to contracting sectors of the economy (often in critical condition), protecting low-productivity companies and slowing down the necessary redistribution of resources ...
In the first half of 2022, over 10 million smartphones were sold in Russia, down by 23% year-on-year. A report from the Russian e-commerce platform Yandex Market shows that the market shares that Chinese electronic products enjoyed doubled in Q1. As Western companies leave Russia, Russian...
even as other major online travel companies have not put out a statement regarding their stance. Although the Russia-Ukraine area reportedly does not generate a significant volume of bookings for Expedia, this decision came as a surprise to some of its competitors. Germany-based tour company Get...
(and should benefit the European and US defense primes), there will be an ever-growing portion of private-sector defense spending as companies allocate a growing share of spending to the protection of their critical infrastructure and IT systems. The growth outlook for the cyber-security industry...