(Reuters) -Kellogg Co said on Thursday it has decided to divest its operations in Russia to local snacks and drinks…
Prosecutors charge two top executives in connection with FTX collapse
WASHINGTON (Reuters) -Federal prosecutors on Wednesday said they have charged Caroline Ellison, the former CEO of Alameda Research, and Zixiao…
Turkey raises monthly minimum wage by 55% for 2023
ANKARA (Reuters) -Turkey’s monthly minimum wage will be 8,506.80 lira ($455) in 2023, the presidency said on Thursday – a…
Buyout funds rethink deal financing amid shortage of debt
By Andres Gonzalez and Pablo Mayo Cerqueiro LONDON (Reuters) – Private equity funds are rethinking how they pull off large…
Toshiba’s preferred bidder to seal $10.6 billion loan deal this week -Yomiuri
TOKYO (Reuters) – Japan Industrial Partners (JIP), the preferred bidder to buy out Toshiba Corp, is set to sign a…
Russia’s No.2 lender VTB to buy rescued Otkritie Bank for $4.7 billion
By Alexander Marrow, Elena Fabrichnaya and Maria Kiselyova MOSCOW (Reuters) -The Bank of Russia on Thursday agreed to sell bailed-out…
Exclusive-Russia likely to buy yuan on FX market in 2023 – sources
By Elena Fabrichnaya MOSCOW (Reuters) – Russia will start buying yuan on the currency market next year if oil and…
Exclusive-Sanctions could cut Russia’s Baltic oil exports by 20%
MOSCOW (Reuters) – Exports of Russia’s flagship Urals crude blend from Baltic Sea ports may fall by up to a…
El Salvador to receive $150 million from development bank for education
(This Dec. 21 story has been refiled to fix incorrect company ticker symbol) SAN SALVADOR (Reuters) – El Salvador will…
UK economy was G7 growth laggard in Q3 as dismal 2023 beckons
By Andy Bruce LONDON (Reuters) – Britain’s economy contracted more than first thought in the third quarter of this year,…