Western investors report Russian business trouble due to Ukraine crisis


  • World
  • Wednesday, 07 May 2014

MOSCOW (Reuters) - Western investors from a bank to a brewer reported trouble in their Russian operations on Wednesday due to the Ukraine crisis, while the Kremlin suggested Washington was trying to sabotage President Vladimir Putin's flagship economic forum.

French Bank Societe Generale wrote down the value of its Russian subsidiary, Danish brewer Carlsberg blamed the rouble's weakness for lower profits, and Britain's Imperial Tobacco Plc said conditions in Russia had hurt its overall business in growth markets.

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