Jeff Bezos: U.S. approaches to recession

Gemiqaya Holding’s two companies reduce their authorized capital

Two companies of Gemiqaya Holding have reduced their authorized capital.

Bezos to direct most of his $124 bn fortune to charity

Another business entity received resident status of industrial park in Agdam

Mazda leaves the Russian market

Mazda Motor has decided to cease its activities in Russia.

Emin Agalarov to build an island

Businessman and musician Emin Agalarov gave an interview to the Russian edition of Hello!

Baku to host forum of exporters and importers

The 1st National Forum of Exporters and Importers is to be held in Azerbaijan.

Elon Musk suffered loss of $24.7 bn for past month

Forbes published information that entrepreneurs increased their wealth in October.

Global brand owners increased their wealth in October

Last month was the most profitable for US billionaires in the last 46 years

Twitter fired 50% of employees

Half of Twitter's employees have been made redundant.

A new company has passed state registration

In Baku, the Main Department of Local Revenue of the State Tax Service of Baku has registered a company called Paradox Leasing LLC.

Advertisers are leaving Twitter

Large brands have begun to decide to stop advertising on Twitter, a social network bought by billionaire entrepreneur Elon Musk for $44 billion.

Wallpaper producer to be created in Aghdam

Businesses in this territory of Azerbaijan exempt from customs duties for 10 years

Residents of the territories liberated from occupation are provided for exemption from customs duties for the period of 10 years from 1 January 2023, the import of raw materials and materials in the areas of production activity.

Russian company leaves Araz Valley Economic Zone

Resident of the Araz Valley Economic Zone Industrial Park in Jabrayil district, KAMAZ Leasing Azerbaijan LLC has been renamed for Euro Leasing Azerbaijan.

Toyota Motor's income decreased by 23% this year

Azerbaijan creates Joint Business Council with Qatar

Bloomberg calls Walmart owner's family the richest in world

The rating of the richest families in the world, according to Bloomberg, for the fourth year in a row was headed by the Walton family, which owns world's largest wholesale and retail chain Walmart.

Zara agrees to sell its business in Russia

Clothing store chain Inditex, which owns brands Zara and Bershka, has reached an agreement to sell its business in Russia to Daher group

Mercedes to sell its shares in Russian subsidiaries

Azerbaijani programmer’s startup receives investment of $27 million

Startup WeTravel, co-founded by Azerbaijani programmer Garib Mehdiyev, received investments in the amount of $27 million, National Internet Forum’s head Osman Gunduz informed on his Facebook page.