business in the world

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Gianluca Vacchi: Baku is a city with a great future

Staying in Baku allows you to feel the taste of life and gives the strength for work, an Italian millionaire, Gianluca , who arrived in the capital of Azerbaijan for a shopping festival, said in an interview with a …

Russia, Azerbaijan, OPEC cut oil production

Agreement between OPEC and non-OPEC countries, including Russia, on oil production levels cut, aimed at stabilizing world oil market, will be implemented starting from today.  In total, OPEC cuts oil production by 1.2 million …

SOCAR may start reviving Ukrainian economy

SOCAR was invited to join the National Investment Council of Ukraine, the head of the department Boris Lozhkyn said. "George Soros and Paul Polman - Chief Executive Officer of Unilever and the head of the World …

Iran exploits Russian market

The favorable conditions for the export of the Iranian goods to Russia are developing on the Russian market with the departure of Turkey

IMF: world economy on verge of collapse

The International Monetary Fund warns that the risk of economic collapse is increasing, so we need to take immediate measures to stimulate demand. The International Monetary Fund's first deputy managing director, David …

Accor to buy company owning London's Savoy

The French hotel chain Accor, which is the largest chain in Europe, will buy Canadian-based FRHI Holdings, which owns luxury hotel lines Fairmont, Raffles, Swissotel and the Savoy Hotel in London, for $2.9 billion, a company representative …