Sanctions

France Strong-Arms Big Food Firms Into Cutting Prices

Top food companies in France including Unilever have pledged to cut prices on hundreds of products from next month, Finance Minister Bruno Le Maire said on...

PepsiCo Ends Pepsi, 7UP Production In Russia

PepsiCo Inc has stopped making Pepsi, 7UP and Mountain Dew in Russia nearly six months after the US company said it would suspend sales and production.

Inflation Climbs Above 15.6% In Russia, Highest Since September 2015

Annual inflation in Russia accelerated to 15.66% as of 25 March, its highest since September 2015 and up from 14.53% a week earlier, the economy...

Russia Looks For New Baby Food Packaging Suppliers As Sanctions Bite

Russia is looking for suppliers of packaging for baby food and dairy products due to disruption in supplies caused by the Western sanctions imposed on Mosc...

FMCG Giants Could Face Repercussions From US-Russia Sanctions: Analysis

The Kremlin has said that a new batch of sanctions on Moscow announced by the United States is illegal under international law and that Russia's financial...

Norway Salmon, Anyone? Stocks In Focus If Russia Sanctions Ease

Stock pickers are already positioning for an event that has the potential to shake up markets from Norway to Brazil: the lifting of sanctions on Russia....

EU Fatigue Over Russia Sanctions Shows As Putin Reset Looms

European Union differences over Russia were exposed as leaders arrived for their last summit of the year, underlining the 28-nation bloc’s fatigue wi...

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