The Petrodvorets Watch Factory, famous for its nostalgic Soviet-style brands, said that it had decided to "answer to the decadent Western countries."
Photo: Raketa.com
Russia's oldest and largest mechanical watchmaker says it will stop
selling its most prestigious self-winding watches abroad as long as the
"decadent" West continues to impose "unfair" sanctions over Russia's
involvement in Ukraine...
Supporters
of Argentinean president Cristina Fernández de Kirchner protest against
hedge funds in Buenos Aires last week. Photograph: EPA/David Fernándezs
Kunal
Bahl, one of the founders of Snapdeal, an Indian e-commerce website, in
New Delhi. The swift rise of Indian e-commerce – Snapdeal and at least
half a dozen other leading Indian shopping sites have recently announced
major fundraisings – has captured the attention of international
investors. Photograph: Graham Crouch/New York Times
The
new round of sanctions targets Russian oil, rather than gas, outlawing
exports of oil exploration equipment to Russia. About 30 per cent of the
European Union’s gas supply comes from Russia.Photograph: Luke
MacGregor/Reuters
An
@twitter banner is displayed on the exterior of the New York Stock
Exchange. The microblogging company said revenue more than doubled to
$312.2 million in the second quarter. Photo: Bloomberg
“What
[farmers] are worried about is losing markets. Currently, we have a
huge home export,” said former MEP George Lyon. Photograph: Jeff J
Mitchell/Getty Images
The Husi Food factory in Shanghai, which is under investigation by the authorities. Photograph: Aly Song/Reuters
The
original complaint, taken by Austrian law student Max Schrems (above)
against Irish Data Protection Commissioner Billy Hawkes (below), argues
that the DPC took the wrong decision in refusing to investigate whether
Schrems’s Facebook data was given adequate protection
Under the Obama administration, US policy has rebalanced or pivoted towards Asia.
The Department of Foreign Affairs: organised training and briefing programme. Photograph: Bryan O’Brien
German minister for foreign affairs Frank-Walter Steinmeier (L) speaks
to media as he arrives for a Foreign Affairs Council meeting at the EU
Council headquarters in Brussels, Belgium. Photograph: Julein
Warnand/EPA
Vehicle
light trails pass the Kingdom Tower on King Fahad Road in Riyadh, Saudi
Arabia. The country’s market regulator said it will open the Arab
world’s biggest bourse to international investors by the middle of 2015.
Photograph: Waseem Obaidi/Bloomberg
Un trabajador chino en una fábrica de vasos en Zhuzhou, China.
On
a quarterly basis, the National Bureau of Statistics said growth picked
up to 2 per cent from a revised 1.5 per cent in the first quarter
Jacob
“Jack” Lew, US treasury secretary. Mr Lew has urged members of
Congress to pass legislation immediately to stop US companies from
shifting their legal addresses overseas
Rice growing in India. New Delhi is unhappy with the progress of talks on food security
The
value of Irish exports increased by €1 billion in May, preliminary
figures from the Central Statistics Office show. Photo: Bloomberg
MSC
and AP Moller-Maersk, the parent company of Maersk Line, said 185
vessels would be shared, including 20 of Maersk’s giant Triple-E ships.
Photograph: Reuters
Wall
Street gloom extended into Asia over-night, after major US stock
indexes sagged as investors turned cautious before the start of earnings
season.