Fine for several billion dollars endangers to Facebook for user data transfer

The amount of the fine that the US Federal Trade Commission (FTC) can collect from the social network is likely to exceed several billion dollars

Ford moves production from UK for Brexit

American carmaker Ford is strengthening measures aimed to transfer its production from the UK

Russia`s Sberbank may restructure Utair`s debt

Russia`s largest lender Sberbank is considering a possibility of restructuring the debt of airline Utair

VTB has Action Plan in case of new US sanctions

VTB has Action Plan in case of new US’ sanctions against Russian banks

Azerbaijan to establish Tax Ombudsman Institute

Tax Ombudsman is to appear in Azerbaijan

Zolotaya Korona finds a new partner in Azerbaijan

Zolotaya Korona, a service of instant money remittances, is expanding its presence in Azerbaijan

First CEO Lunch Tbilisi event in 2019 to be held on February 22

In 2019, the first CEO Lunch Tbilisi event entitled “Development of infrastructure of Kvemo-Kartli region” has been scheduled for February 22

Business-forum of Caspian European Club and Ministry of Transport, Communications and High Technologies postponed

Turkish Airlines introduces its new The LEGO® Movie 2 Inflight Safety Video

Uber launches application for Azerbaijan with tips for drivers

Uber has launched a new special application - Uber Azerbaijan

Saudi Arabia to increase investments in tourism projects in Russia

Russia and Saudi Arabia intend to increase mutual investments in tourism projects

Azercell Academy has organized 231 training courses for various organizations

The Academy offers professional training programs for businesses and public agencies

Vladimir Putin to meet with reps of British business at suggestion of BP’s head

Russian President Vladimir Putin supported the idea of British Petroleum’s head Robert Dudley to hold a round table of representatives of Russian and British business in Russia

Hotel booking sites convicted of fraud

The UK`s Competition & Markets Authority has obliged a number of the largest and most popular sites of online-booking of hotels to change the methods of work and not to deceive consumers

Chief of State Migration Service, Vusal Huseynov met AHK Azerbaijan members

On 7 February 2019, AHK Azerbaijan organised the first AHK-Impuls event of this year for its member companies at Hyatt Meeting & Conference Centre

Representatives of Ministry of Ecology and Natural Resources visited Holcim’s cement plant in Eclepens

Minister of Ecology and Natural Resources of the Republic of Azerbaijan with the representatives of the Ministry, paid a working visit to Geneva between January 30 and February 1

Azerbaijan to oblige bloggers to pay taxes

The Ministry of Taxes of Azerbaijan proposes to levy taxes on income from advertising in social networks

European Commission blocks merger of railway units of Siemens and Alstom

The European Commission has blocked the proposal to merge the projects of German corporation Siemens and French concern Alstom

Azercell has been awarded with another “Socially devoted” certificate

Maintaining its leading position in telecom market of Azerbaijan, Azercell always excels with its innovative ideas and solutions in customer services

Tesla to produce batteries for electric vehicles

Tesla, owned by billionaire Elon Musk, has agreed to purchase California-based battery manufacturer Maxwell Technologies

Joint project of the Embassy of Israel and “Azercell Telecom” LLC

The Embassy of Israel together with Barama Innovation and Entrepreneurship Center of “Azercell Telecom” LLC presented a joint project called TOM