Prosus to sell Russian online marketplace Avito, formerly worth $6 billion
Prosus, the Dutch-based technology investor, said on Friday it would seek a buyer for its Russian online marketplace Avito.

20-05-2022
Prosus, the Dutch-based technology investor, said on Friday it would seek a buyer for its Russian online marketplace Avito.
20-05-2022
China is quietly ramping up purchases of oil from Russia at bargain prices, according to shipping data and oil traders who spoke to Reuters, filling the vacuum left by Western buyers backing away from business with Russia after its invasion of Ukraine in February.
20-05-2022
PARIS (Reuters) -Air France-KLM said on Friday it had entered exclusive talks with private equity firm Apollo for a 500 million euro ($529 million) capital injection for one of its engineering and maintenance units to help repay French state aid.
20-05-2022
Indonesia will reimpose a domestic sales requirement on palm oil, the government said on Friday, a day after the world's biggest producer of the key edible oil reversed a ban on its export.
20-05-2022
German big business is drafting a plan to use an auction system to help ration available supplies in the event Russia cuts off its gas, although some fear it could punish smaller firms.
20-05-2022
Billionaire Elon Musk took to Twitter late on Thursday to denounce as "utterly untrue" claims in a news report that he had sexually harassed a flight attendant on a private jet in 2016.
20-05-2022
Luxury goods group Richemont said on Friday discussions about its "Luxury New Retail" partnership should be concluded "in the near future", after strong American demand for its jewellery and watches boosted net profit and sales in the 12 months to March.
20-05-2022
China's crude oil imports from top supplier Saudi Arabia soared 38% in April from a year earlier, hitting the highest monthly volume since May 2020, according to Reuters' calculations based on official Chinese customs data.
20-05-2022
ZURICH (Reuters) -Zurich Insurance has agreed to sell its Russian business to members of the local team, it said on Friday, as the Swiss insurer became the latest company to announce its exit from the Russian market.
20-05-2022