Russia transfers Nestle and three French firms' Russian operations to LEV Management
Russian authorities have transferred the Russian operations of Swiss food group Nestle and three French companies to a firm called LEV Management, according to a decree signed by President Vladimir Putin. The move affects the Russian businesses of Auchan, the former Leroy Merlin chain now known as Lemana Pro, and logistics group FM Logistic. It is the latest state action against Western firms that remained in Russia after the full-scale invasion of Ukraine.The decree was issued late on Thursday, and the transfer covers the residual businesses and assets of the companies named in the order. The supporting material says Moscow... [Continue Reading]
360LiveNews | 18 Sep 2026 10:33 LONDON
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Iran seizes assets of 240 dissidents and journalists as protest arrests top 6,000
Iran's judiciary has seized assets belonging to 240 dissidents, journalists and public figures and frozen 182 bank accounts, according to a report by the judiciary-affiliated Mizan news agency. The measures were announced as Police Chief Ahmadreza Radan said more than 6,000 people had been arrested over the January protests. The reported seizures were concentrated in Tehran, where 143 of the cases took place.Mizan said those targeted were accused of propaganda activities or actions against the country and in favour of hostile governments. It said some of the assets belonged to journalists working for Persian-language opposition broadcasters Iran International and Manoto,... [Continue Reading]
360LiveNews | 14 Sep 2026 14:00 LONDON
