It is the most significant reorganization in the Chinese e-commerce giant’s history.

Nokia is planning to launch 4G internet on the moon later this year, an executive for the company said.

Prime Minister Mikhail Mishustin says some Russian banks already offer loans in yuan

US accuses founder of now-bankrupt FTX cryptocurrency exchange of conspiring to pay $40bn to Chinese officials.

Goods exports stood at $167.8 billion; imports around $259.5 billion, according to figures

On March 21, 2023, the Appeals Chamber of the Court of England and Wales upheld the judgment of July 25, 2022, which charged businessman Mr Irakli Rukhadze, his business-partners Mr Benjamin Marson and Mr Igor Alexeev to pay multimillion-dollar compensation to the companies Revoker and Recovery Partners.

O'Sullivan questioned the final destination of many goods imported to Central Asian nations, as well as to Armenia, Georgia, Serbia, and the United Arab Emirates, after data showed a 300 percent increase of goods coming into the area from the EU in recent months.

"The founder and management of Metro Holding are aware of their huge responsibility towards the country, therefore, in order to avoid the above-mentioned danger, we once again express our full readiness to intensively cooperate with state agencies to find the truth", - the statement reads.

China has ramped up bailouts to countries struggling to repay their debts from infrastructure projects under the Belt and Road Initiative, researchers found.

Official value of the greenback became 2.5712 GEL.

PMC Research Centre published a report on Employment Tracker. According to the document, in February 2023, the number of persons receiving a monthly salary increased by 4.9% compared to the corresponding period of 2022 and by 11.6% compared to the corresponding period of 2021.

“Most of our energy resources have been redirected to other, friendlier markets,” Russian Deputy Prime Minister Alexander Novak says.

The auctions for renewable energy sources with a capacity of 300 mgwt have been completed, the Ministry of Economy and Sustainable Development reports. According to the agency, the initiative offers were submitted by the interested persons in the form of a closed envelope.

Euro area’s gross domestic product projected to rise 1% next year; single currency zone not expected to return to its potential before 2025

A meeting of the Monetary Policy Committee of the National Bank of Georgia is scheduled for tomorrow. At the previous meeting, which was held on February 1, the committee made a decision to leave the monetary policy rate unchanged, and at the moment the monetary policy rate amounts to 11%.

FIFA president, ECA chairman sign renewed Memorandum of Understanding that lasts until end of 2030

TBC Capital published a report on Tbilisi Residential Market. According to the document, in February 2023, a total of 746 new apartments were sold, representing a 5% increase compared to the same period in the previous year. Notably, the growth rate in sales was much higher compared to the previous month, with a 36% increase.

Michael Barr, the Fed’s vice chair for supervision pointed to the bank’s “concentrated business model,” in which its customers were overwhelmingly venture capital and high-tech firms in Silicon Valley.

The conversation at the meeting focused on expanding trade relations, trade liberalizations, and export markets. Georgia’s investment potential and the country’s favorable business environment for foreign investors were discussed.

TBC Capital published a report on Residential Real Estate In Tbilisi. According to the document, the real estate market in February 2023 saw a significant increase in activity compared to the previous month, with the number of transactions rising by 19% from January 2023.