French home improvement chain Leroy Merlin is transferring its business in Russia to local management, parent company ADEO announced on Friday. ADEO began preparations for the move several months ago to comply with international regulations, a press release stated. It added that the transaction will be subject to approval by the relevant authorities in Russia.
){kind=link}
Japan’s Nippon Steel has agreed to buy US Steel in a takeover valued at $14.9 billion US Steel, a symbol of American industrialization and once the largest corporation on the planet, has agreed to a takeover by Japan’s Nippon Steel in a $14.9 billion deal that lawmakers from both of Washington’s major political parties have…
){kind=link}
Boiling water has flooded part of a shopping center, reportedly injuring at least ten people Four people have died in a “major accident” at a large shopping mall in western Moscow, Mayor Sergey Sobyanin said on Saturday. Dozens are injured, many of whom “suffered burns,” he added.
){kind=link}