Subsidies paid to pandemic-affected entrepreneurs

Elon Musk intends to buy a football team

American billionaire Elon Musk has now also decided to buy a football team.

Goldman Sachs CEO admits – We were late with reduction of employees

The famous CEO of Goldman Sachs, David Solomon, admitted that the process of reducing employees should have started last year.

Entrepreneur who rents offices to governmental agencies has earned over AZN 2 million

An entrepreneur who has received the largest income from renting office space to state organizations has become known in Azerbaijan.

Yahoo to cut more than 20% of employees

Yahoo (U.S.) is planning to cut more than 20% of employees as part of reorganization of its advertising division.

Another 5 SMEs have received startup certificates

Another five SMEs have received startup certificates from the Agency for the Development of Small & Medium-sized Businesses (KOBIA).

Volkswagen's net profit for 2022 published

Volkswagen's net profit amounted to 22.5 bn euro in 2022.

Tax benefits can be applied to women entrepreneurs - Proposal

Dell to cut more than 6,000 employees

American company Dell, one of the largest computer manufacturers in the world, will lay off 6,650 people because of a sharp drop in demand for personal computers

Two companies change their organizational and legal form in Azerbaijan

Two companies have changed their organizational and legal form in Azerbaijan.

Entrepreneur's three companies liquidated

Three companies belonging to the same person are being liquidated in Baku.

Audience of Apple's paid services reaches 935 million people

Apple announced that the audience of paid services has reached 935 million people.

Making of money on tweets to become possible

Making of money on tweets will be possible on Twitter.

Abramovich to transfer £2.3 bn to Ukraine from sale of Chelsea FC

In the near future, Roman Abramovich will transfer to Ukraine the historic sum of £2.3 bn, which was obtained from the sale of the Chelsea football club.

Azerbaijani businessmen invited for the forum in Uzbekistan

Different way of determining whether companies are monopolists or not to be applied

After updating the competition legislation in Azerbaijan, the position of companies in the market, the determination of whether companies are monopolists, will be evaluated in a different order

Philips to lay off 6,000 employees

Dutch company Philips on Monday announced the reduction of 6,000 employees amid losses due to the recall of a large batch of faulty ventilators.

Another innovation in Tax Code

NBCO in Azerbaijan rebranded and became a company

One of the credit organizations in Azerbaijan abandoned the form of a non-bank credit organization and became an ordinary limited liability company.

IBM to lay off almost 4,000 employees

IBM intends to reduce its staff by 3,900 people.

Abramovich's business in UK sold for a song

British telecommunications group Truphone, owned by Russian businessman Roman Abramovich and his partners, has been sold to two European entrepreneurs for £1 (2.1 manats).