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Visa, Mastercard suspend operations in Russia over Ukraine invasion

By John McCrank (Reuters) -U.S. payments firms Visa Inc (NYSE:V) and Mastercard Inc (NYSE:MA) on Saturday said they were suspending operations in Russia over the invasion of Ukraine, and that they would.

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Analysis-As Russia avoids energy sanctions, oil majors flee but TotalEnergies stays

By Shadia Nasralla, Benjamin Mallet and Michel Rose LONDON (Reuters) – France’s TotalEnergies cuts a lonely figure hanging onto its Russian investments during a mass exodus of western oil majors.

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Puma suspends operation of all its stores in Russia

FRANKFURT (Reuters) – German sportswear maker Puma has decided to suspend operations at all its stores in Russia, it said on Saturday. Puma, which has 100 stores in Russia, had.

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Russia may allow outside firms to maintain airliners amid sanctions, Tass says

OTTAWA (Reuters) – Russia could allow passenger airliners to be maintained by third-party firms in a bid to help its domestic carriers hit by sanctions over the invasion of Ukraine,.

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Italy’s Prada says it is suspending retail operations in Russia

MILAN (Reuters) – The Milan-based luxury group Prada (OTC:PRDSY) has suspended its retail operations in Russia, it said in a statement on Saturday, following a slew of other leading brands.

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Amazon shareholders call for tax transparency – FT

(Reuters) – Twenty-four Amazon (NASDAQ:AMZN) investors are calling on the tech giant to increase transparency in tax disclosures and adopt a new reporting standard, the Financial Times reported on Sunday..

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TUI expects holiday bookings to rise towards 2019 levels

FRANKFURT (Reuters) – TUI, the world’s largest holiday company, is seeing a rise in holiday bookings towards pre-pandemic levels, the head of the group’s German business told a newspaper. “Our.

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Saudi Arabia stocks higher at close of trade; Tadawul All Share up 0.38%

Investing.com – Saudi Arabia stocks were higher after the close on Sunday, as gains in the Cement, Real Estate Development and Building & Construction sectors led shares higher. At the close in Saudi Arabia, the Tadawul.

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‘The shops are gone’: How Reliance stunned Amazon in battle for India’s Future Retail

By Aditya Kalra and Abhirup Roy MUMBAI (Reuters) – At a large Future Retail supermarket in Mumbai last week, workers were unloading hundreds of bright blue grocery crates belonging to.

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EV maker ELMS to lay off about 24% of employees

(Reuters) – U.S. commercial electric vehicle maker Electric Last Mile Solutions Inc (ELMS) will lay off about 24% of its staff as it looks to focus on its core business.

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