Amazon becomes world’s most expensive brand

One of the world's largest online retailers Amazon has overtaken Apple and become the most expensive brand in the world.

5 companies owned by the same person liquidated in Azerbaijan

Volkswagen AG CEO has died

Carl Horst Hahn, former CEO of German automobile concern Volkswagen AG, has died at the age of 96.

Association of Azerbaijani businessmen to be created in Kazakhstan

The Association of Azerbaijani businessmen will be created in Atkar district of Kazakhstan.

No Russian businessmen to attend Davos Forum

There will be no Russian businessmen at the World Economic Forum in Davos to be held on 16-20 January.

Next SME House to open in this city

The next SME House is expected to start its activities in Ganja

Amount of remuneration of head of Apple to decrease by 40%

Apple CEO Tim Cook will receive $49 million in 2023, which is 40% less than in 2022

New enterprises under creation in Nakhchivan

Elon Musk got into Guinness Book of Records

The head of SpaceX and Tesla, billionaire Elon Musk, who lives in the U.S., got into the Guinness Book of Records.

Issuance of certificates of origin of goods has begun

Rate of bankrupt companies in Japan steadily grows

At least 6,400 companies went bankrupt in Japan in 2022.

A holding company is under liquidation in Azerbaijan

Çinartikinti-Holdinq LLC has announced its liquidation.

Women entrepreneurs submitted 343 projects for activities in Karabakh

Russian entrepreneur creates a company in Azerbaijan

The State Tax Service under the Ministry of Economy has carried out state registration of Kür Agroinvest LLC.

Ilham Aliyev attended opening of Baku SME House

President Ilham Aliyev took part in the opening of the Baku SME House.

This shopping center to be reorganized

Company 8-ci km Ticaret Merkezi has been transformed from a joint stock company into an LLC.

Samsung's operating profit fell by 69% for Q4

Samsung Electronics Corporation said that its operating profit in the 4th quarter of 2022 fell by 69% (against Q4 of 2021) due to low demand for chips and smartphones.

Minimum wage rise to increase payments to Social Protection Fund and Health Insurance Agency

The minimum wage in Azerbaijan was increased from 300 up to 345 manats by the relevant presidential decree from 5 January.

Alibaba Group Holding plans to run its operations in Europe from Turkiye

Alibaba Group Holding’s president Michael Evans announced company's plans to invest in projects in Turkiye and manage its operations in European markets from this country.

List of billionaires with biggest losses for 2022

The fortune of five billionaires in 2022 decreased totally by $378 bn.

McDonald’s intends to exit Kazakhstan

McDonald's Corp is set to abandon Kazakhstan as disruptions triggered by the Ukraine crisis have left the nation without a substitute for Russian meat supplies.