Similar Stories to Russia's Sanctions Begin To Bite on Bing News

Business - Boston.com, Boston Globe: Business
Thu, 08/21/2014 - 1:13am

Carlsberg relies on Russia for 35% of its profits and the Ukraine crisis is beginning to hurt. The Danish brewer has warned operating profit will be lower than last year - shares fell almost 6% as a result. Sanctions are not directly to blame in Carlsberg's case - it's more about Russia's weakening economy.

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Topics:  ukraine   danish   carlsberg   european   greek   russia   sanctions   bite   year   
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