Carlsberg CEO: Russia has 'stolen our business'

  • 📰 YahooFinanceCA
  • ⏱ Reading Time:
  • 73 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 63%

United States News News

United States United States Latest News,United States United States Headlines

Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look...

COPENHAGEN - Carlsberg has cut all ties with its Russian business and refuses to enter a deal with Russia's government that would make its seizure of the assets look legitimate, the brewer's new CEO said on Tuesday.

"There is no way around the fact that they have stolen our business in Russia, and we are not going to help them make that look legitimate," said Jacob Aarup-Andersen, who took over as CEO in September. "We're not going to enter into a transaction with the Russian government that somehow justifies them taking over our business illegally," he said on a call with journalists following the company's quarterly earnings statement.

In the restaurant industry, stability is critical.So when David Ferguson noticed an unexpected $200 charge on his credit card bill from the tech company he uses to help manage his business, he figured it was an accounting mistake.Ferguson is the chef and owner at Gus, a small restaurant in Montreal's Petite-Patrie neighbourhood.He started using Lightspeed, a publicly traded Canadian point-of-sale supplier, about four years ago.

Warren Buffett's Japan trade felt like a gift from God, Charlie Munger says: 'It was awfully easy money' Are you looking for an opportunity to get rich? It’s time you focus on growth stocks! The post Growth Stocks: A Once-in-a-Decade Opportunity to Get Rich appeared first on The Motley Fool Canada. -- With 60% of Canadian mortgages set to come up for renewal within the next three years, homeowners are facing a “payment shock” unless interest rates come down in a significant way, according to Royal Bank of Canada.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 47. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

BlackBerry stock jumps as company confirms John Chen’s exit as CEO after 10 yearsDirector Richard Lynch takes over on interim basis as company searches for replacement
Source: globeandmail - 🏆 5. / 92 Read more »