Motorola to close Russia office
Motorola Inc. will close its Russian corporate office starting Jan. 1, after grappling with police in the country over seized phones and seeing its market share shrink, Kommersant reports Monday, citing the head of the firm's Russia representation, Elena Kuznetsova.
US cut-rate retailing giant Wal-Mart Stores Inc. on Monday said that it is shutting its business office in Moscow, Russia.