Tag: Foreign investment
China’s tech companies are stuck in a sanctions dilemma in Russia
Asia Technonomics In the weekly column we take turns writing about innovation and economic trends in Asia. (Photo: Klawe Rzeczy) The Chinese online retailer Alibaba had actually planned an IPO…
How an expert assesses China’s strategy in the Ukraine war
Vladimir Putin and Xi Jinping met in Beijing in February Putin is acting under time pressure, but China can afford staying power, says China expert Heilmann. (Photo: AP) Beijing Sebastian…
What would a total departure mean?
German and Russian flag “De-bundling from the Russian economy would be painful for a few sectors, but would cost little overall prosperity in the long term.” Berlin Are economic relations…
That’s how hard the Russia sanctions are hitting European companies
Madrid, Stockholm, London, Paris, Rome The West has imposed massive sanctions on Russia. They hit the oligarchs, the markets and the companies of the country with full force. At the…
War in Ukraine: commercial law firms end mandates in Russia
Gazprom under pressure Law firm Freshfields is ending its long-standing relationship with the Russian energy giant. (Photo: Reuters) Cologne Not long ago, commercial law firms boasted about their relationships with…
Should German companies withdraw from Russia?
In Putin’s world, business is losing its innocence. There’s blood on the money companies make in Russia. The peace dividend has been used up. The Russian president’s war of aggression…
The first German companies are getting out of business in Russia
Dusseldorf The initial shock gives way to decisive action: the first companies are reacting to the Russian invasion of Ukraine. The British oil company Shell ends its cooperation with Gazprom,…
BMW stops production in Russia and warns of delivery bottlenecks
BMW production in Kaliningrad (archive image) Business was going well until the Russian troops invaded Ukraine. (Photo: dpa) Munich BMW is putting its business in Russia on hold in response…
Siemens stops new business in Russia
Siemens headquarters The group only generates a small part of its sales in Russia. (Photo: dpa) Munich The Siemens group stops its new business with Russia. International deliveries to Russia…
Daimler Truck withdraws manager from Russian armored car manufacturer
Kamaz production In addition to manufacturing civilian commercial vehicles, the group has also been supplying the Russian military with armored vehicles for years. (Photo: Bloomberg) Munich As a result of…
China’s coal imports from Russia are faltering
coal loading Coal prices from exporters like Indonesia, Australia and South Africa have jumped this week. (Photo: Reuters) Beijing, Singapore China is cutting back on its imports of Russian coal…
Tui major shareholder Alexei Mordashov distances himself from Putin
Alexei Mordashov The Russian Tui major shareholder is distancing himself from Putin. (Photo: dpa) Dusseldorf Russian Tui major shareholder Alexei Mordashov, who has been on an EU sanctions list since…
Tui major shareholder Alexei Mordashov distances himself from Putin
Alexei Mordashov The Russian Tui major shareholder is distancing himself from Putin. (Photo: dpa) Dusseldorf Russian Tui major shareholder Alexei Mordashov, who has been on an EU sanctions list since…
Shell’s withdrawal from Gazprom puts pressure on German energy companies
Rosneft oil production near Nizhnevartovsk BP is putting its shares in the Russian group up for sale. (Photo: Bloomberg/Getty Images) Dusseldorf It is the largest withdrawal of a Western company…
China’s Swift alternative Cips could benefit from sanctions
Chinese bank counter The Swift sanctions could strengthen China’s payment information system Cips. (Photo: Xu jingbai – Imaginechina/laif) Beijing The exclusion of Russian banks from the payment information system Swift…
Daimler Truck stops alliance with armored car manufacturer
Production of military vehicles at Kamaz The Russian manufacturer is now on the EU sanctions list. (Photo: Bloomberg) Munich, Berlin After almost twelve years of cooperation, Daimler Truck is putting…
Daimler Truck stops alliance with armored car manufacturer
Kamaz The vehicle manufacturer also equips the Russian military. (Photo: Bloomberg) Munich, Berlin After almost twelve years of cooperation, Daimler Truck is putting all activities with the Russian vehicle manufacturer…
Five questions and answers on Beijing’s role in the Ukraine conflict
Beijing The Chinese government sees itself in a difficult situation in the Ukraine war. On the one hand she wants to support Russia’s President Vladimir Putin, but on the other…
BP sells shares in Russian Rosneft
bp The British energy company is taking a drastic step. (Photo: REUTERS) Dusseldorf On Sunday evening, the British oil giant BP made a decision that will cost it billions: the…
BP sells shares in Russian Rosneft
bp The British energy company is taking a drastic step. (Photo: REUTERS) Dusseldorf On Sunday evening, the British oil giant BP made a decision that will cost it billions: the…