The Finnish authorities have decided to extend the closure of borders with Russia for another month, up to 20 foreign brands will be able to enter the Russian market and other news on January 11.
World
- The Finnish authorities have decided to extend the closure of borders with Russia for another month. Authorities closed the checkpoint on the Russian-Finnish border at the end of November 2023 due to the influx of migrants. The ban was introduced until January 14 inclusive.
Finance
- VTB Capital, a former subsidiary of VTB in the United Kingdom, which is currently in bankruptcy proceedings, received the first funds for settlements with creditors, according to a report by Teneo Financial Advisory Ltd, RBC writes.
Business
- In 2024, up to 20 foreign brands from Turkey, China, Korea and Thailand will be able to enter the Russian market. Brands are ready to invest in the Russian market, but they need time to get used to the new conditions.
- The departure of Western clothing brands from the Russian market had a positive impact on half of local brands, leading to an increase in their turnover and the number of buyers in 2023, Kommersant reports.
Services and technologies
- The Russian Interior Ministry will use neural networks in the search for criminals. The department wants to commission two systems based on “Clone” and “Conjuncture” in 2025.
Author:
Team RB
Source: RB
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