Rebranded Zara stores to reopen in Russia

Banners sporting the new brand name ‘MAAG’ already adorn storefronts in major shopping malls Former Zara stores in Russia are to reopen under a new name, MAAG, by June 1, news outlet Izvestia reported on Friday, citing Dmitry Tomilin, board member of the Russian Council of Shopping Centers.

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Global political elite skipping Davos

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US to slap steep tariff on Russian aluminum – Bloomberg

The measure would effectively ban US purchases of the metal from Russia, according to the news outlet Washington plans to impose a 200% customs duty on imports of aluminum from Russia, Bloomberg reported on Monday citing sources close to the discussions.

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