Microsoft is cutting around 1,900 employees in its gaming unit Activision Blizzard and Xbox this week, CNBC reported on Thursday, citing an internal memo from Microsoft Gaming CEO Phil Spencer. The layoffs, which will eliminate around 8% of Microsoft Gaming’s 22,000 staff, are part of a larger “execution plan” that will reduce “areas of…
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The country’s revenues from the sector exceeded $45 billion in 2023, preliminary data shows Russia raked in record earnings from agricultural exports last year, Agriculture Minister Dmitry Patrushev has announced, citing preliminary estimates.
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Around 33% of all seaborne oil exports from the sanctioned country have been transported on tankers with British insurance, a report has found The UK has insured around a third of all Russian seaborne oil shipments since the start of the Ukraine conflict despite sanctions, according to a report by the Centre for Research on…
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