By Jorgelina do Rosario and Karin Strohecker LONDON (Reuters) – It has been a rough 12 months for emerging markets…
Sam Bankman-Fried to enter plea in FTX fraud case
By Jonathan Stempel NEW YORK (Reuters) – Sam Bankman-Fried is expected to enter a plea next week to criminal charges…
Ship insurers to cancel war cover for Russia, Ukraine from Jan. 1
By Carolyn Cohn and Jonathan Saul LONDON (Reuters) -Ship insurers said they are cancelling war risk cover across Russia, Ukraine…
European shares end lower, Britain outpaces as China-exposed miners jump
By Bansari Mayur Kamdar (Reuters) -European shares closed lower on Wednesday, weighed down by declines in energy stocks, while Britain’s…
ABB gets $1.4 billion after completing power grids sale to Hitachi
ZURICH (Reuters) – ABB has completed the sale of its remaining 19.9% stake in the power grids business it sold…
Russian pipeline gas exports to Europe collapse to a post-Soviet low
By Vladimir Soldatkin MOSCOW (Reuters) – Russian gas exports to Europe via pipelines plummeted to a post-Soviet low in 2022…
Baby formula imports to face tariffs again in 2023 – WSJ
(Reuters) -Imported baby formula would be subject to tariffs again in the new year after the expiration of exemptions implemented…
Russian rouble slumps again as volatile year-end trade continues
By Alexander Marrow MOSCOW (Reuters) -The rouble weakened sharply on Wednesday, sliding to the 72 mark against the dollar, as…
Agreement over IKEA’s Russia sale could be reached in days, says Moscow
MOSCOW (Reuters) – An agreement over the sale of IKEA’s factories in Russia could be reached by the end of…
Aeroflot boss calls for ‘state protectionism’ to defend Russian aviation
(Reuters) – The head of Russia’s state-controlled airline Aeroflot called on the Russian government to “balance the interests” of Russian…