London, UK-based music streaming startup Bloom.fm announced via Twitter that it shut down right after it was banned from Apple's ad network and its sole investor, Russian TV channel TNT, pulled its fundings.
Tags: Russia
EU reaches preliminary deal on Russia economic sanctions
European Union ambassadors reached a preliminary agreement on Friday to push ahead with hard-hitting economic sanctions against Russia over the Ukraine crisis but details remained to be worked out, diplomats said.
EBay plans to expand in Russia despite sanctions
Internet auction site eBay Inc said it planned to expand in Russia, still its top priority among emerging marketseven though the country faces increasing Western sanctions over the Ukraine crisis.
Wall Street Week Ahead: One volatile day does not a correction make
Volatility spiked on Thursday after the tragedy of a downed civilian jetliner in Ukraine and the mounting death toll in Gaza and Israel interrupted the summer trading slumber.
Further sanctions would have 'chilling effect' on Russia: IIF
The Institute of International Finance warned on Friday that further sanctions on Russia would have a "broader chilling effect on Russia" and its companies who are already largely excluded from raising foreign capital.
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Russian telecoms giant Vimpelcom has agreed to let go of its much disputed holdings in Orascom Telecom Algeria to the Algerian government after buying the telecoms firm from Naguib Sawiris in 2010 for $6 billion.
Russia's top oil producer has been planning to sell more than 2 million metric ton of crude oil to state-controlled BP in a deal valued more than $1.15 billion and was approved by the company's board.
Russian investment firm Inventure Partners picked up a minority stake in Moscow-based educational and interactive online course provider Netology for an undisclosed amount to allow the latter to accelerate its product development.
Menlo Park, US-based printer giant Hewlett-Packard (HP) settled with the US Department of Justice (DOJ) and the Security and Exchange Commission for $108 million over the bribery and money laundering charges filed against it.
Dmirty Firtash, a Ukranian businessman was indicted of US bribery charges along with five other men over allegedly paying bribes to Indian government authorities to facilitate a mining project.
Moscow, Russia-based mobile payments startup 2can landed $5 million in a Series B funding round led by InVenture Partners to integrate its service with banks in the country.
Several reports from multiple media outlets claimed that Russian troops are now hiding on Ukranian border.
Toulouse, France-based Internet of things (IoT) cellular network operator SIGFOX landed €15 million in its Series B funding round led by IDInvest and BPIFrance to accelerate the international deployment of its network.
US President Barack Obama met Pope Francis for the first time in an official visit in Vatican to discuss Obamacare, reported NBC News.
