The German DIY retailer OBI will transfer its Russian chain into trust management to be sold later, business daily Vedomosti reported on Tuesday. The decision follows several weeks of an open confrontation between the Russian management of the chain and the parent company.
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Tokyo has approved new anti-Russia sanctions, freezing assets of companies and hundreds of individuals Japan approved additional sanctions against Russia on Tuesday, freezing the assets of a further 398 Russian individuals. The list includes family members of top Russian officials, namely the wife of Foreign Minister Sergey Lavrov and President Vladimir Putin’s two daughters, Maria…
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The UN-affiliated lender says a $1.5 billion support package is awaiting approval The World Bank’s President David Malpass said on Tuesday the lender is preparing a $1.5 billion support package for war-torn Ukraine. The loan will include a $1-billion payment from the development lender’s fund for the poorest countries.
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