The Chinese yuan is making significant strides in the global financial systems. This shift is part of a broader de-dollarization effort, where China is attempting to…
Pakistan is on the brink of a significant economic transition. Alongside the anticipation of the 2024 BRICS summit, its possible inclusion could reshape its economic landscape.Such…
Amid ongoing geopolitical tensions, several multinational fast-moving consumer goods (FMCG) companies continue to operate in Russia. Despite international pressure to cease operations, complexities surrounding their exit…
Russia will soon be unable to pay its debts, according to credit ratings agency Fitch. It comes after widespread international sanctions against Russia following its invasion…
BP has confirmed that it will exit its shareholding in Russian state-owned oil firm Rosneft after Russia’s invasion of Ukraine. The oil giant has held a…
UK-listed and Russia-focused gold miner Highland Gold Mining Ltd (LON:HGM) said on Tuesday it had acquired sector firm Bazovye Metally CJSC for USD212m (EUR165m) in cash.…
UK insurer Aviva plc (LON:AV) on Wednesday said it was disposing of its Russian life and pensions business to local non-state pension fund Blagosostoyanie for EUR35m…
Russian freight rail company Globaltrans Investment Plc (LON:GLTR) on Friday said it would take over Metalloinvesttrans LLC (MIT), the captive freight rail transportation operator of Russian…
