Sources

LONDON – Military conscripts in the Russian-backed Donbas region have been sent into front-line combat against Ukrainian troops with no training, little food and water, and inadequate weapons, six people …

BRASILIA – Brazilian President Jair Bolsonaro has decided against an additional cut in the IPI industrial tax because of questions about the legality of the measure, according to two sources …

By Jonathan Saul (Reuters) – Marine fuel sellers have stopped serving vessels flying the Russian flag at major European hubs including Spain and Malta in another blow to Moscow’s exports, …

FRANKFURT – Skoda, part of Germany’s Volkswagen, appoint Klaus Zellmer as its new boss, two sources with knowledge of the matter told Reuters on Friday. Zellmer is to succeed Thomas …

By Emma-Victoria Farr LONDON – Financial investors including KKR and EQT are considering offers for a stake in listed German laboratory supplier Stratec, sources familiar with the matter told Reuters …

By Andrew MacAskill and Sinead Cruise LONDON – Banks in Britain have warned the government that a plan to ban all Russians from holding more than 50,000 pounds ($65,430) in …

By Gram Slattery RIO DE JANEIRO – Brazilian oil company PetroRio SA is close to agreeing on terms to purchase the Albacora Leste field from state-run oil company Petrobras, two …

WASHINGTON – The Biden administration is weighing a draw of oil from emergency reserves of up to 180 million barrels over several months, two U.S. sources said on Wednesday. The …

By Giuseppe Fonte and Francesca Landini ROME – The Italian government wants to clinch a deal on the sale of state-owned carrier ITA Airways by mid-June, two sources close to …

SHANGHAI – Auto parts maker Aptiv on Tuesday sent home workers at a Shanghai production facility that supplies Tesla and a General Motors (GM) joint venture, citing COVID issues, sources …

By Giuseppe Fonte and Gavin Jones ROME – Italy plans to confirm its 2022 budget deficit target at 5.6% of national output, two sources close to the matter told Reuters, …

KABUL – The Taliban have told airlines in Afghanistan that women cannot board domestic or international flights without a male chaperone, two sources told Reuters on Sunday. The move comes …

By Eric M. Johnson SEATTLE – Months after receiving a major infusion of capital, Sierra Nevada Corp’s space unit, Sierra Space, has tapped a veteran Boeing Co executive to helm …

By Jorgelina do Rosario NEW YORK/LONDON – The International Monetary Fund’s executive board on Friday approved a $45 billion program for Argentina after more than a year of negotiations, two …

By Elvira Pollina and Giuseppe Fonte MILAN – CVC Capital Partners and rival private equity investors are looking at a potential investment into the services arm of Telecom Italia (TIM) …

By Francesco Guarascio BRUSSELS – In the early stages of sanctions drafting against Moscow, one idea gained traction in Brussels – a ban on the import of Russian coal – …

By Anirban Sen, Krystal Hu and Sam Nussey – SoftBank Group Corp is planning to pick Goldman Sachs Group Inc as the lead underwriter on the initial public offering of …

By Shariq Khan – U.S. shale oil producer ConocoPhillips is working with an adviser to sell its gas-producing assets in the Anadarko Basin of North Texas and Western Oklahoma, according …

By Samuel Shen and Selena Li SHANGHAI/HONG KONG – A plan by UBS and China Life Insurance Group to set up an asset management joint venture in China faces uncertainty …

By Uditha Jayasinghe and Devjyot Ghoshal COLOMBO/NEW DELHI – Sri Lanka will seek World Bank assistance to stave off a severe economic crisis in addition to an International Monetary Fund …

By Shariq Khan – U.S. cannabis producer Cresco Labs Inc is in advanced talks to buy rival Columbia Care Inc for around $2 billion, three people familiar with the matter …

By Emma Farge GENEVA – Western countries are refusing to engage with Russia at the World Trade Organization (WTO) in Geneva in a coordinated move that has already led to …

By Selena Li HONG KONG – Hong Kong Monetary Authority (HKMA) has decided to replace State Street Corp unit State Street Global Advisors (SSGA) as manager of the HK$111 billion …

– Australia has imposed an immediate ban on exports of alumina and aluminum ores, including bauxite, to Russia, the government said on Sunday as part of its ongoing sanctions against …

By Ebru Tuncay and Orhan Coskun ISTANBUL -Russians newly arrived in Turkey are struggling to make deposits and transfers at banks that are taking a careful and sceptical approach for …