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Russia’s new business elite reaping benefits from Western exodus – Bloomberg 

Multinational companies have sold assets worth over $21 billion, the outlet has said Russian businesses are rapidly filling the void left by international companies, and are benefiting by snapping up the assets of departing Western firms at discounted prices, Bloomberg reported earlier this week.

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Sanctions on Russia’s Arctic LNG project could tighten energy markets – FT

Washington is reportedly seeking to restrain Moscow’s ambition to become a major supplier Including Russia’s Arctic LNG 2 energy project in the US State Department’s sanctions list confirms Washington’s ambition to prevent the country from becoming a major exporter of liquefied natural gas, and may cause disruptions in global markets, the Financial Times reported on…

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Diamond industry takes radical steps to stem price decline – Bloomberg

Sales have plunged in 2023, following massive increases during the Covid-19 pandemic The world’s biggest diamond companies have made a series of increasingly desperate moves in an effort to stop this year’s freefall in prices, Bloomberg reported on Saturday.

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