profit
The largest Western banks that continue to operate in Russia have paid 800 million euros ($857 million) in taxes to its budget in 2023, which is four times more than before Moscow's full-scale invasion of Ukraine, the Financial Times (FT) reported on April 29, citing its analysis. In the immediate aftermath of Russia's full-scale invasion of Ukraine in 2022, Russia's banks – increasingly isolated from the global economy and laden with heavy Western sanctions – saw profits fall by 90% compared to 2021. Despite this, the Russian banking industry is once again thriving. Russia's state-owned Sberb...
Kyiv Independent (CA)
The largest Western banks that continue to operate in Russia have paid 800 million euros ($857 million) in taxes to its budget in 2023, which is four times more than before Moscow's full-scale invasion of Ukraine, the Financial Times (FT) reported on April 29, citing its analysis. In the immediate aftermath of Russia's full-scale invasion of Ukraine in 2022, Russia's banks – increasingly isolated from the global economy and laden with heavy Western sanctions – saw profits fall by 90% compared to 2021. Despite this, the Russian banking industry is once again thriving. Russia's state-owned Sberb...
Kyiv Independent
The largest Western banks that continue to operate in Russia have paid 800 million euros ($857 million) in taxes to its budget in 2023, which is four times more than before Moscow's full-scale invasion of Ukraine, the Financial Times (FT) reported on April 29, citing its analysis. In the immediate aftermath of Russia's full-scale invasion of Ukraine in 2022, Russia's banks – increasingly isolated from the global economy and laden with heavy Western sanctions – saw profits fall by 90% compared to 2021. Despite this, the Russian banking industry is once again thriving. Russia's state-owned Sberb...
Kyiv Independent (UK)
You’ve seen the classic entrepreneur spotlight a million times: a glossy headshot accompanying a headline announcing multi-million dollar Series A fundraise from top-tier venture capitalists. While a venture-backed business tends to get all the limelight, a profitable and bootstrapped company rarely makes comparable headlines. And in the traditional publishing space – the story has been far more doom and gloom than one of exaltation. However, that’s why three friends came together to disrupt a stodgy industry on their own terms via an innovative new approach for creating a profitable business....
Due
JAKARTA, June 23, 2022 - (ACN Newswire) - The upstream sector accounted for the largest share of state-owned oil and gas firm PT Pertamina's (Persero's) net profit as Indonesian crude prices (ICP) soared in 2021. "The overall profit earned is a combination of the six sub-holdings and their subsidiaries, but the largest contribution to the net profit comes from the upstream sector due to the windfall from the increase in ICP prices," acting vice president of corporate communications at Pertamina, Heppy Wulansari, said in Jakarta on Tuesday. Reporting its 2021 fiscal year performance to the gove...
ACN Newswire
In an effort to maximise profits, businesses in the past have sometimes forged questionable models that serve the few but let down the many. From factories at the time of the industrial revolution to the institutions responsible for the 2008 financial crash and most recently overinflated billion-dollar startups, we have repeatedly witnessed what happens when investors fail to recognise the importance of responsible capitalism. Q3 2021 hedge fund letters, conferences and more In today’s fast-paced world it can be easy to neglect the bigger picture. But as many businesses look towards their post...
ValueWalk
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