Michelin to transfer Russian operations to local management
 1381 Tuesday, 28 June, 2022, 14:12 French tyre maker Michelin said on Tuesday (Jun 28) that it plans to hand over its activities in Russia to a new entity under local management by the end of the year. Michelin suspended its manufacturing activities in Russia on Mar 15 due to supply difficulties following Moscow's invasion of Ukraine. "It is technically impossible to resume production, due in particular to supply issues, amid a context of general uncertainty," the company said in a statement. |
EU plans crypto ban for Russia, FT reports
719Yesterday, 00:48
US Treasury Secretary says US sanctions crushed Iran’s economy and sparked protests (video)
189406.02.2026, 10:43
Elon Musk just became the first person ever worth $800 billion after SpaceX acquired xAI
220704.02.2026, 18:30
Xi Jinping calls for China’s renminbi to attain global reserve currency status
351401.02.2026, 23:05
Trump signs order allowing US to impose tariffs on countries supplying oil to Cuba
384230.01.2026, 12:17
EU Adds Russia to High-Risk Money Laundering List Strengthening Financial Controls
378730.01.2026, 00:37
Bessent says disappointed by EU-India deal; South Korea must ratify trade deal
397628.01.2026, 23:20
Boeing Posts Q4 Profit Driven by Revenue Growth and Major Asset Sale
365827.01.2026, 20:58