Russia

Russian Retailers, Hotels Emerge As World Cup Winners

The World Cup has captivated host Russia for a month, proving a boon for the brewing and hotel industries while dampening spending on some expensive items...

Beer Sales Growth Still Seen Elusive In Russia As World Cup Looms

The prospect of thousands of thirsty soccer fans flocking to Russia for this summer's World Cup should offer a big boost for the country's beer market, yet...

UK's Love For Coffee Shows No Sign Of Ending As Cafes Grow

The UK led growth in branded coffee shops in Europe for a third straight year amid an expansion of chains from Starbucks to Costa Coffee. The number of...

Edmond de Rothschild Invests €100 million In French Alps Hotel

The Edmond de Rothschild group is investing €100 million of cash in a new Four Seasons hotel in Megeve in the French Alps as the banking dynasty reaff...

Trump's Moscow Hotel Ambitions Disclosed by His Own Lawyer

Donald Trump discussed a proposal to build a hotel and condominium tower in Moscow on three occasions with his company’s lawyer, who emailed the pres...

Carlsberg Prospects Stunted by Shrinking Russian Beer Market

Carlsberg warned the Russian beer market will shrink at least five per cent this year, stunting the Tuborg maker’s growth prospects this year as a ba...

Carlsberg Sees Slowdown as Russian Inflation Bumps Costs

Carlsberg forecast slower earnings growth in the second half of 2016 as inflation adds to costs in Russia, where a beer-market contraction is set to accele...

London Luxury Hotels in Worst Year Since 2009 on Terrorism Risk

Jitters about everything from the risk of terrorism to Britain’s membership of the European Union are battering London luxury hotels as the world&rsq...

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Ruble Plunge Sends Recovering Carlsberg Bonds Back to Square One

Breweries Ask Russia to Skip Beer Tax Increase to Support Output

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