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Nervous staff and no bankers: Western firms struggle to exit Russia

By Essi Lehto and Anne Kauranen HELSINKI, July 4 (Reuters) - For foreign companies still working out what to do with their stranded Russian assets, President Vladimir Putin's seizure of a major oil and gas project is a powerful warning: Move fast or else. Companies have been wrestling with how to exit in ways that limit the financial impact, do not

Renault limited to 44.4% stake in Nissan under agreement, filing shows

TOKYO, June 30 (Reuters) - Nissan Motor Co Ltd 7201.T on Thursday gave some details of its two-decade-old alliance agreement with top shareholder Renault SA RENA.PA for the first time, revealing the French automaker cannot unilaterally increase its stake beyond 44.4%. In an annual securities report, Nissan said Renault cannot raise its stake withou

Renault limited to 44% stake in Nissan under agreement, filing shows

TOKYO, June 30 (Reuters) - Nissan Motor Co 7201.T on Thursday gave some details of its two-decade-old alliance agreement with top shareholder Renault SA RENA.PA for the first time, making clear the French automaker is not allowed to increase its stake beyond 44% without permission. In an annual securities report filed in Tokyo, Nissan said Renault

Russia warns West: Don't take your assets in our country for granted

* This content was produced in Russia where the law restricts coverage of Russian military operations in Ukraine. MOSCOW June 29 (Reuters) - Russia hinted on Wednesday that it had not dropped the idea of seizing Western-owned assets and businesses in the country, as a top official sharply criticised governments that have hit Moscow with sanctions.

Cisco, Nike quit Russia, as pace of Western firms leaving speeds up

* Cisco, Nike join MacDonald's, Renault in quitting * New Russian law may encourage more foreign firms to go * 'Trickle is becoming a torrent,' says analyst By Praveen Paramasivam, Supantha Mukherjee and Mimosa Spencer June 23 (Reuters) - U.S. companies Cisco Systems CSCO.O and Nike NKE.N plan to fully exit Russia, the two firms told Reuters on Thu


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