Notizia

British American Tobacco Plc is in advanced talks to transfer its Russian business to SNS Group of Companies, its distributor of about 30 years, SNS said, amid threats that Moscow would renationalise assets of foreign firms that left the country.

Office rental company IWG said on Friday it plans to add more than 1,000 new locations globally in 2022, with particular focus on suburban areas, due to increasing demand for the hybrid work model in a post-pandemic environment.

BERLIN (Reuters) -Germany's economy ministry has launched an investigation into whether engineering group Bosch violated an export ban on goods that can be used for both civilian and military purposes, Der Spiegel magazine reported on Friday.

European shares struggled for momentum on Friday after strong gains earlier this week, as investors focussed on Russia-Ukraine peace talks that have shown no tangible progress so far.

As foreign companies seek to exit Russia over the war in Ukraine, they face the prospect that Russian bankruptcy law could be used to seize assets and even lead to criminal penalties.

Germany's economy ministry has triggered an investigation into whether engineering group Bosch violated an export ban on goods that can be used for both civilian and military purposes, magazine Der Spiegel reported on Friday.

The euro zone's trade balance was in deficit for the third consecutive month in January as surging energy prices led to a sharp increase in the value of imports, even before the Russian invasion of Ukraine prompted further price spikes.

Chinese authorities will address the concerns of international investors when finalising new rules for offshore listings, two sources quoted a senior regulatory official as telling a lobby group for foreign financial firms.

Global bond funds saw money outflows for the tenth consecutive week in the week to March 16, as higher U.S. inflation levels evoked expectations that the Federal Reserve would need to act more aggressively to stem surging prices.