Danone to withdraw from Russia with €1 bln write-off
1096 Friday, 14 October, 2022, 11:06 French food company Danone (DANO.PA) said on Friday it would shed its dairy food business in Russia in a deal that could lead to a write-off of up to 1 billion euro ($978 million), the latest costly exit from the country by a global company. "This is the best option to ensure long-term local business continuity", Danone said in a statement, adding the Russian unit accounted for roughly 5% of the group's net sales in the first nine months of the year. |
Trump advisers discuss penalties for nations that move away from the dollar. #Bloomberg
32609:36Turkey imposes export restrictions on Israel until Gaza ceasefire
303009.04.2024, 19:18Forbes has released its list of the world's billionaires. There are more than ever before – and they're wealthier.
362802.04.2024, 21:12Media: Türkiye may reduce purchases of F-16s from United States
331030.03.2024, 18:48#FoxNews: Ukraine aid surpasses $113 billion
381329.03.2024, 11:30Baltimore bridge's $81 billion trade crisis (photo)
409327.03.2024, 14:36EU approves 13th sanctions package against Russia
650921.02.2024, 14:54Bank of Georgia Group to buy Armenian bank Ameriabank for $303.6 million
351619.02.2024, 12:48