Worldwide
German software developer SAP is definitively discontinuing support for its solutions in Russia by the end of 2023, as reported by Kommersant, citing a letter from the company to its Russian partners. In the letter, SAP indicated that it would cut off support for its software by December 31, 2023.
Worldwide
In response to recent financial sanctions, the cryptocurrency exchange OKX has restricted its users from conducting transactions with the Russian ruble on its P2P platform. This move follows OKX's earlier decision to halt transactions involving accounts associated with sanctioned banks such as Sberbank, Tinkoff, and Alfa-Bank. The platform&
Worldwide
Canada will disconnect Russia's top 4 major mobile operators from roaming services. MTS, MegaFon, Tele2, and Beeline will be left without communication services. Canadian mobile operators have terminated or are preparing to terminate roaming agreements with the "big four". This information is reported by the Russian
Worldwide
The Russian branch of Google has accumulated debts to creditors in the country totaling more than 20.1 billion rubles. This information has been confirmed by TASS, relying on data obtained after the first creditors' meeting. As of the August 22 meeting, the overall claims against Google reached 20.
Worldwide
The United States has extended sanctions [https://ofac.treasury.gov/recent-actions/20230809] to cover both entities and individuals in Belarus, as reported by the Office of Foreign Assets Control (OFAC) of the US Department of the Treasury. Among the entities subject to sanctions is the national airline of Belarus, Belavia.
Worldwide
Cryptocurrency exchange Binance is considering the possibility of withdrawing from the Russian market, as reported by The Wall Street Journal (WSJ), citing a company representative. According to the August 28th report by The Wall Street Journal, the Binance representative stated that the exchange is exploring all options concerning Russia, including
Worldwide
Switzerland has announced [https://www.admin.ch/gov/en/start/documentation/media-releases.msg-id-97364.html] the implementation of a new set of sanctions against Russia in response to its full-scale war against Ukraine. Effective from August 16th, these measures include a ban on the export of dual-use goods and items that
Worldwide
Insurance group Uniqa Insurance is selling its 75% stake in Russian company Raiffeisen Life to the local insurance company Renaissance Life. The remaining 25% owned by Raiffeisenbank, a part of the Raiffeisen Bank International group, will also be sold to the Russian company. This announcement comes from the company'
Worldwide
Microsoft will cease extending software licenses to Russian companies after September 30. This information was conveyed in a letter from the company's technical support, as reported by TelecomDaily agency. After September 30, Russian corporate clients will no longer be able to renew their existing Microsoft subscriptions, according to
Worldwide
The American pharmaceutical company MSD has left the Russian market. MSD was a supplier of one of the most sought-after medications for treating hepatitis C in Russia – Zepatier. Reports from Russian media confirm that MSD has announced the cessation of supplies of Zepatier in Russia, which is one of the
Worldwide
Dutch beer giant Heineken has announced the sale of its assets in Russia to the Arnest Group. The purchase price for 100% of Heineken Russia's shares amounted to €1. The deal also requires the buyer to settle the Russian business's intra-group debt to Heineken, which is
Worldwide
Audi, the automotive conglomerate, has joined the ranks of other Western manufacturers in limiting Russian dealers' access to its software. As reported by Russian Izvestia, referencing a source from an official dealer center, Audi has taken the step to restrict access to its proprietary software for Russian dealerships. Currently,