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You Searched For "revenue hit Maggi ban" and got 18 results


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6 mins read

Black creators were instrumental in building TikTok. Now they fear they'll be hit the hardest by a ban.

Black creators spoke with Business Insider about why they fear a potential TikTok ban.

Lindsay Dodgson   


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1 min read

It will take Nestle 3 years to undo the Maggi damage in India

Asia head of Nestle, Wan Ling Martello, in an interview to Swiss newspaper Schweiz am Sonntag, said…

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1 min read

Russia's revenue from crude oil exports just hit its lowest point since Vladimir Putin launched his war on Ukraine

EU sanctions on Russian oil don't kick in for another six weeks, but export data suggests they're a…

Phil Rosen   


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2 mins read

Russia admits it was on the verge of economic collapse after getting hit with western sanctions last year

Russia made a rare admission Western sanctions had worked to throttle its economy, but also claimed…

Jennifer Sor   


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1 min read

Nestle India is yet to recover from the Maggi ban, reports 19% slip in net profits

As per the company statement, net profit for the quarter was Rs 259 crore as compared to Rs 320 cro…

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2 mins read

Russia's $45 billion stash of Chinese yuan is helping Moscow weather massive plunge in energy revenues

Yuan sales could prop up the Russian economy as the nation's oil revenue plunges, thanks to the EU …

Jennifer Sor   


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2 mins read

Russia posted a $29 billion deficit in the first quarter as energy revenue plummets and it could spell trouble for the country's military bills

Russia posted a 45% plunge in energy revenues to 1.64 trillion rubles in the first quarter of 2023,…

Huileng Tan   


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2 mins read

Huileng Tan   


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1 min read

Russia's war revenue fell by $15 million in the last week of the year as crude exports plunged to lowest levels of 2022

Revenue from Russia's crude-export duty fell by $15 million, or 12%, to $108 million in the week th…

Jennifer Sor   


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1 min read

Russian oil smashes through the G7 price cap as crude exports in July hit the highest level of 2023

Revenue from oil exports hit an eight-month high for Russia in July, with the warring nation sellin…

Phil Rosen   


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2 mins read

Russian oil revenue has been hurt by effective price cap even as exports by Moscow have been resilient, says IEA

Russia's export revenue fell 36% in January from a year ago to $13 billion, the IEA said in its Feb…

Carla Mozée   


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1 min read

Maggi hits Nestle hard, 60% drop in net profit

The silver lining to it all is that the company would soon recover from the losses incurred as …

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2 mins read

Europe will ban insurance for Russian oil cargoes in the strongest blow yet to Putin's war machine, reports say

Russian oil exports to the rest of the world could tumble under the reported plans, with similar sa…

Harry Robertson   


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1 min read

Russia's oil sales to China have hit their highest level since the invasion of Ukraine

Russia sold 1.66 million barrels a day of crude and fuel oil to China last month, Kpler found, its …

Jennifer Sor   


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2 mins read

Saudi Arabia banned Hajj for international visitors this year due to the coronavirus, forfeiting as much as $4 billion in revenue

Around 70% of Muslims who complete the Hajj each year come from outside Saudi Arabia, meaning the g…

Bill Bostock   


Ryan Hogg,Charissa Cheong   


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1 min read

Russian oil exports to Asia have dropped 12% but expensive crude has boosted energy revenues for the Kremlin

Since April, Russia's crude flows to Asia have dropped from 2.1 million barrels a day to 1.75 milli…

Phil Rosen   


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1 min read

Russia is selling record amounts of crude oil to India to plug the gap in its energy exports after the EU ban

Indian imports of Russian oil hit a record 1.2 million barrels a day in December, and 1.3 million b…

Jennifer Sor