Bakı Şərab-1 completed past year with net profit

Bakı Şərab-1 finished 2021 with net profit of AZN 129,973.

Entrepreneurship Development Fund reports about over AZN 17 million of profit

The Entrepreneurship Development Fund under the Ministry of Economy of Azerbaijan completed 2021 with net profit of AZN 17.68 million.

Amazon suffers losses for $3.8 bn

Amazon has released a quarterly loss report for the first time since 2015.

Amount returned to consumers for damage made public

In the 1st quarter of 2022 the State Service for Antimonopoly Control & Consumer Market Supervision under the Economy Ministry considered 1,975 appeals from consumers.

Twitter’s shares rose after its buying

Elon Musk bought Twitter for $44 bn.

Google registered Pixel Watch trademark

Google has applied for registration of trademark Pixel Watch.

Essity withdraws from Russian market

Swedish manufacturer of personal care products Essity ceases its activities in Russia.

Startup certificates to be issued to three more SMEs in Azerbaijan

Procter&Gamble warns about upcoming closure of business in Russia

American company Procter&Gamble (P&G) stated that it may not be able to continue its activities in Russia because of sanctions, financial restrictions and supply problems.

Azerbaijani entrepreneurs left for to Jordan

Azerbaijani entrepreneurs are paying a working visit to Jordan.

Elon Musk intends to buy Twitter for $41 bn

American billionaire Elon Musk has announced another intention.

Turkish company invests AZN 10 million in Azerbaijan - 750 jobs to be created

Abramovich's assets for $7 bn frozen

Several Russian oligarchs have already begun to lose their fortunes due to sanctions.

Atlant Recreation Center owes to state

The director of the Atlant Entertainment & Recreation Center, Tahir Gadoshov, has been banned from leaving the country.

Names and fortune of richest women billionaires named

Forbes magazine has ranked the richest women in the world.

Rating of billionaires published – Musk holds 1st place

Elon Musk becomes the largest shareholder of Twitter

American entrepreneur Elon Musk has revealed information about the ownership of 9.2% of the shares of social network Twitter.

Entrepreneur Vagit Alekperov has lost more than $17 bn

The total wealth of the richest Russian entrepreneurs has fallen by $50.1 bn since the beginning of the year.

Chinese companies consider business opportunities in Russian market

Pirelli ceases operations in Russia

Italian tire manufacturer Pirelli announced the suspension of investments and the restriction of the work of enterprises in Russia against the background of events in Ukraine.

Russian billionaire expressed concern: "I don't know how to live on"

Billionaire Friedman spoke about the difficulties he had to face.