Moscowโs asset seizures unnerve Japanese companies in Russia
More than 200 Japanese companies still operating in Russia face growing uncertainty following Moscowโs seizure of three Western firmsโ assets, amid deteriorating diplomatic relations. The Kremlin announced on Friday that the assets of Swiss food giant Nestlรฉ, French retailer Auchan and home improvement chain Lemana Pro had been transferred to Russian entity LEV Management under a decree signed a day earlier by President Vladimir Putin. โThese are unfriendly nations,โ Kremlin spokesman Dmitry...