Russia

Today in Food Commerce: Uber Launches Bill-Splitting Tools; Instacart Announces New Shopper Features
Today in Food Commerce: Uber Launches Bill-Splitting Tools; Instacart Announces New Shopper Features
March 10, 2022  |  Commerce

Today in food commerce, Uber Eats announces new features for group orders, and Instacart aims to provide more support to its in-store shoppers. Plus, grocers...

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Grocery Roundup: Ultrafast Grocers Hit Hard by Russia Sanctions
Grocery Roundup: Ultrafast Grocers Hit Hard by Russia Sanctions
March 10, 2022  |  Retail

With Russia’s heavy involvement in the ultrafast grocery space around the world, United States 15-minute eGrocers are being heavily impacted by the sanctions placed on...

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Today in Retail: Walmart Ratchets up Investment in Health, Wellness; Build-A-Bear’s eCommerce Dips
Today in Retail: Walmart Ratchets up Investment in Health, Wellness; Build-A-Bear’s eCommerce Dips
March 10, 2022  |  Retail

Today in retail, Walmart rolls out new services through its online Wellness Hub, while Build-A-Bear sees eCommerce sales slow. Plus, Instacart introduces new features to...

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In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
In Expanded Russia Sanctions, EU Suggests It Defines Cryptocurrencies as Securities
March 10, 2022  |  Cryptocurrency

In announcing an expansion and tightening of the sanctions imposed after the Russian invasion of Ukraine, the European Union may have inadvertently thrown a stick...

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McDonald’s Estimates Russian Eatery Shutdown Will Cost $50M Monthly
McDonald’s Estimates Russian Eatery Shutdown Will Cost $50M Monthly
March 10, 2022  |  International

While McDonald’s is still calculating the actual cost of temporarily shuttering its eateries in Russia, the world’s largest fast-food restaurant chain estimates it will lose...

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Big Brands Face ‘Now What?’ Moment on Whether They Cover or Eat Cost of Russian Departures
Big Brands Face ‘Now What?’ Moment on Whether They Cover or Eat Cost of Russian...
March 10, 2022  |  Retail

The list of multinational brands announcing their departure from Russia literally grows by the hour, with the cumulative corporate cost of “doing the right thing”...

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Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
Today in Crypto: Russian Investors Continue Crypto Trading; Bain Capital Debuts $560M Crypto Fund
March 08, 2022  |  Cryptocurrency

Russian investors will likely be conducting transactions in bitcoin and other cryptocurrencies in spite of sanctions, Bloomberg reported Tuesday (March 8). The overall flow isn’t...

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EMEA Daily: EU to Take Further Steps Against Russian Leaders, Belarus Banks; Binance Reopens Euro, British Pound Transfers
EMEA Daily: EU to Take Further Steps Against Russian Leaders, Belarus Banks; Binance Reopens Euro,...
March 08, 2022  |  International

In today’s top Europe, Middle East and Africa news, the European Union is set to add more sanctions against wealthy Russians and the Russian Parliament,...

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Discover/Diners Club Suspends All Actions in Russia
Discover/Diners Club Suspends All Actions in Russia
March 08, 2022  |  Credit Cards

The Discover card network said Tuesday (March 8) it has no active partners in Russia and Belarus, and that its Discover, Diners Club, Network Alliance...

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