The European Union is preparing to introduce the 11th package of sanctions against Russia, Pull & Bear stores will open under the name Dub, Pandora will be renamed Pan Club in Russia and other events on April 14.

Dub, Pan and the planned 11th EU sanctions package: the main thing for companies April 14

World

  • The European Union is preparing to introduce the 11th package of sanctions against Russia. The document will mainly aim to combat attempts to circumvent restrictive measures, Mairead McGuinness, European Commissioner for Financial Services, Financial Stability and Capital Markets, said in an interview with CNBC television.

Finance

  • Authorities in the Democratic Republic of the Congo are considering the possibility of using the Russian Mir payment system in the country, Ivan Vangu Ngimbi, the DRC’s ambassador to Moscow, told RIA Novosti.
  • The Ministry of Finance proposed to provide Russian exporters with the opportunity to receive advance payments from foreign counterparties in cash and allow cash imported into the country to be credited to accounts not only in rubles, but also in foreign currency, writes RBC.

Business

  • Pull&Bear stores will open in Russia in a few weeks under the Dub brand. In Moscow and the Moscow region, 14 points will resume work at once, in St. Petersburg – six.
  • The structure of Sberbank, which is the official distributor of Pandora, will change the name of the Russian stores of the Danish jewelry brand to Pan Club and will refuse to exclusively sell jewelry of this brand, Kommersant learned.
  • Twitter owner Elon Musk has announced the launch of user-generated content monetization on the platform. During the year, authors will receive money from subscribers minus the commission from payment systems: iOS and Android charge 30% each.

telecommunications

  • Large Russian operators ask subscribers to update their personal data under the threat of limiting communication services. The activity is related to the upcoming Roskomnadzor inspections in May as part of the fight against gray SIM cards, Kommersant writes.

Author:

RB team

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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