Kremlin defended the move as a justified measure against firms representing “unfriendly countries” that back Ukraine. Read more at straitstimes.com.

WARSAW: Russian authorities have seized the residual businesses and assets of Swiss food giant Nestle and three French groups, the latest move against Western firms in response to sanctions against Moscow over its war against Ukraine.A decree signed by President Vladimir Putin issued late on Thursday (Sep 18)

WARSAW: Russian authorities have seized the residual businesses and assets of Swiss food giant Nestle and three French groups, the latest move against Western firms in response to sanctions against Moscow over its war against Ukraine.A decree signed by President Vladimir Putin issued late on Thursday (Sep 18)

WARSAW: Russian authorities have seized the businesses and assets of Swiss food giant Nestle and three French groups, a move the Kremlin defended on Friday (Sep 18) as a justified measure against firms representing "unfriendly countries" that back Ukraine.A decree signed by President Vladimir Putin transferre

WARSAW: Russian authorities have seized the businesses and assets of Swiss food giant Nestle and three French groups, a move the Kremlin defended on Friday (Sep 18) as a justified measure against firms representing "unfriendly countries" that back Ukraine.A decree signed by President Vladimir Putin transferre

Russian President Vladimir Putin signed a decree on Thursday to transfer assets of Swiss food giant Nestle and three French groups to a company called LEV Management. Most Western companies quickly sold…

Russian President Vladimir Putin signed a decree Thursday to take control of the Russian assets of Swiss food giant Nestle and three French groups, citing hostile actions by "unfriendly" countries. France…