Business

EU to Phase Out Russian Oil and Gas Imports by 2028

Ambassadors of EU member states have agreed to phase out imports of Russian oil and gas by 2028, according to Reuters. On October 8, during a closed-door meeting, EU diplomats agreed to continue implementing the plan to reduce dependence on Russian energy resources. The draft legislation is set to be submitted to ministers for approval at the October 20 meeting. ...

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Amazon to Invest €1.4 Billion in the Netherlands Over 3 Years

Amazon.com Inc. plans to invest €1.4 billion in the Netherlands between 2025 and 2027. According to the company, the investments will be directed toward both Amazon Web Services (AWS) cloud business and the development of its commercial operations in the country. Specifically, Amazon intends to invest in improving technology and logistics, reducing delivery times, and increasing customer convenience. Amazon began ...

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Apartment Sales in Multi-Apartment Buildings Reach 2,181 Transactions in Armenia

According to data from the Statistical Committee of the Republic of Armenia, the number of apartment sale and purchase transactions in multi-apartment buildings across Armenia totaled 2,181 as of September 2025. In Yerevan, 1,524 transactions were recorded, accounting for 69.9% of the total. Regional breakdown: Kotayk Province – 237 transactions (10.9%) Lori Province – 106 (4.9%) Armavir Province – 81 ...

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