international

International business refers to the trade of goods, services, technology, capital and/or knowledge across national borders and at a global or transnational level. It involves cross-border transactions of goods and services between two or more countries.

Source: en.wikipedia.org

Russia Offers Fast Bankruptcies to Firms Leaving Country

Russia Offers Fast Bankruptcies to Firms Leaving Country
Russia Offers Fast Bankruptcies to Firms Leaving Country
March 04, 2022  |  Cross-border Payments

Foreign businesses that want to get out of Russia can either receive fast-track bankruptcy protection or turn their operations over to local managers, the country’s...

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US Imposes Fresh Sanctions on 8 Russian Oligarchs, Officials
US Imposes Fresh Sanctions on 8 Russian Oligarchs, Officials
March 03, 2022  |  Cross-border Payments

The U.S. has imposed more sanctions, this time against Russian oligarchs, in a bid to hit the ultra-wealthy in that country, according to a Reuters...

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Freight Forwarders Stop Services to Russia, Belarus
Freight Forwarders Stop Services to Russia, Belarus
March 03, 2022  |  Transportation

Numerous large freight forwarders have suspended services to Russia, due to the restrictions imposed from the war that country has been waging on Ukraine, The...

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Chinese Banks Revamp Ties With Russian Businesses to Avoid Sanctions, Report Says
Chinese Banks Revamp Ties With Russian Businesses to Avoid Sanctions, Report Says
March 03, 2022  |  Banking

Several Chinese banks are working to make sure they can maintain business with Russian clients and also avoid Western sanctions, Reuters reported Thursday (March 3)....

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Brands Expect Hit to Bottom Lines as They Respond to Ukraine Invasion
Brands Expect Hit to Bottom Lines as They Respond to Ukraine Invasion
March 03, 2022  |  Retail

Just as the omicron variant of the coronavirus was starting to ease — and supply chain woes with it — Russia invaded Ukraine, triggering new...

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Today in Food Commerce: Amazon Turns Focus to Grocery; F&B Businesses Remove Russian Brands
Today in Food Commerce: Amazon Turns Focus to Grocery; F&B Businesses Remove Russian Brands
March 03, 2022  |  Commerce

Today in food commerce, restaurants and grocers respond to Russia, and Kroger looks to personalized rewards to maintain customer loyalty in the face of pricing...

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B2B Marketplace Solv Expanding to Kenya
B2B Marketplace Solv Expanding to Kenya
March 03, 2022  |  eCommerce

Financial services firm Standard Chartered is expanding its business-to-business (B2B) marketplace Solv, launched in India two years ago, into Kenya’s eCommerce space. Get the Full...

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Report: EU Considers SWIFT Ban for Belarus Banks
Report: EU Considers SWIFT Ban for Belarus Banks
March 03, 2022  |  Cross-border Payments

Days after several Russian banks were reportedly barred from SWIFT, the international messaging system used to process payments, the European Union is considering adding banks...

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