Diamond market shifts, sanctions talk, and price signals in North America
The latest movements in the diamond market and potential sanctions impact The Kommersant newspaper reported that the RapNet Diamond Index,…
Henkel Announces Exit from Russia: Timeline and Rationale
Henkel Moves to Exit Russia: Timeline and Context A report from RBC outlines the plan by the German chemical and consumer goods company Henkel…
Financial Policy Outlook for 2024 in the EU: Inflation, Deficits and Investment Space
The European Commission has urged EU member states to reduce the growth of public budget deficits in 2024 and indicated that current budget…
Yanmar to fully exit Russia; Continental plans exit spotlight broader international retreat
The Japanese industrial equipment maker Yanmar Holdings has decided to completely wind down its Russia operations, with a timeline that places…
AZIMUT Hotels shutters European footprint; Valentine’s Day reflect shifts in guest behavior
According to reports from Kommersant and RBC, the Russian hotel group AZIMUT Hotels has expressed a plan to wind down its European operations…
The Growing Global Currency Debate and Sanctions Impact
Analysts watching global finance note that sanctions on Russia may unintentionally push countries toward alternatives to the dollar. A recent…
AZIMUT Hotels scales back Europe operations while surveying Valentine’s Day preferences in Russia
The Russian hotel operator AZIMUT Hotels has signaled a clear plan to wind down its European operations within the coming year, a direction…
Sergey Grishin: A Profile of RosEvroBank’s Co-Founder and His Era
Tribute to Sergey Grishin and the RosEvroBank Era Sergey Grishin, a prominent Russian entrepreneur and former partner of RosEvroBank, has…
Swiss Private Banking Faces Chinese Client Hesitation Amid Russia Sanctions—and Public Opinion on Asset Seizures
The leadership of several prominent Swiss banks has grown wary of a new wave of hesitation among their wealthier clients in China, triggered…
Poluboyarinov Moves from Aeroflot to Rostec Finance Leadership
Mikhail Poluboyarinov, who led Aeroflot as chief executive from late 2020 until early 2022, is transitioning to a role within Rostec. Reports…