Number of individual entrepreneurs exceeds 1.19 million

As of 1 July 2022, the number of individual entrepreneurs registered to carry out entrepreneurial activities without forming a legal entity exceeded 1.193 million.

Singer Timati becomes owner of Starbucks chain in Russia

Renault's net loss is estimated at €2.3 bn

Renault informs that company's net loss from termination of operations in Russia amounted to €2.3 bn.

Fortune of Ukrainian businessman decreased by 64%

The fortune of the famous Ukrainian businessman Rinat Akhmetov has decreased by 64%

Meta's earnings decreased

Meta has published a balance sheet for April-June 2022.

Another NBCO with capital of AZN 300,000 created

The State Tax Service under the Ministry of Economy of Azerbaijan has registered non-bank credit organization Payonix LLC.

Microsoft lost $126 million due to its activity reduction in Russian market

Microsoft Corporation faced operating costs of $126 million because of the decision to leave the Russian market.

Number of business trips from Russia to Azerbaijan grows

Ethnic Turk appointed CEO at Rolls Royce

The manufacturer of aircraft engines Rolls-Royce announced on Tuesday the appointment of Tufan Erginbilgich, the former executive director of oil company BP, as CEO.

Iraqi entrepreneurs arrive in Azerbaijan

A delegation of Iraqi entrepreneurs has arrived in Azerbaijan.