(Bloomberg) — Japanese trading giants Mitsui & Co. and Mitsubishi Corp. wrote off a combined 218 billion yen ($1.7 billion) linked to their investments in a Russian liquefied natural gas project. Read More
(Bloomberg) — Indonesia’s central bank may still be able to keep its policy rate unchanged this month as surging inflation remains largely driven by food and energy prices. Read More
(Bloomberg) — The next milestone in Europe’s efforts to create a global benchmark for ESG investing has been shelved indefinitely as officials balk at devoting resources to a process that’s already marred by deep political division, according to people familiar with the matter. Read More
(Bloomberg) — When sanctions made the Fortress Russia he helped build seem less impregnable, Maxim Oreshkin came up with a signature gambit to try and break the economic siege. Read More
(Bloomberg) — Swiss exports to Russia of turbojets, air pumps and other machinery surged in the past two months as manufacturers raced to fill any orders signed before sanctions over Moscow’s invasion of Ukraine render some of the sales illegal. Read More