The risks are rising for Western firms in Russia. So why are so many staying put?
When Russia launched its full-scale invasion of Ukraine in February 2022, a slew of Western companies left in protest. But some of the world's biggest firms — including Nestlé, Heineken and snack maker Mondelez — stayed put.
2023-07-26 13:26
Japanese Population Falls in All 47 Prefectures for First Time
The number of Japanese fell in all the country’s 47 prefectures for the first time since the data
2023-07-26 11:24
IMF Chief Economist Suggests BOJ Move Away From Yield Control
The International Monetary Fund said Japan’s inflation risks are on the upside, and it recommends the Bank of
2023-07-26 11:15
Jack Ma-Backed Ant Plans Restructuring, Paving Way for HK IPO
Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of
2023-07-26 10:46
Top Battery-Maker CATL’s Profit Soars 63% Amid EV Sales Boom
Chinese battery maker Contemporary Amperex Technology Co. Ltd.’s quarterly profit soared, powered by rising electric-vehicle sales globally and
2023-07-26 10:29
Oil Edges Lower After Four-Day Climb With Fed Decision in Focus
Oil edged lower after a four-day rally of almost 6% as traders took stock of the advance and
2023-07-26 09:58
Australia’s Cooler Inflation Bolsters Case for RBA to Stand Pat
Australia’s inflation rate slowed more than expected in the three months through June, reflecting global trends and bolstering
2023-07-26 09:58
L’Occitane Owner Said to Mull Buyout of $4.2 Billion Firm
L’Occitane International SA’s controlling shareholder is considering a move to take the skin-care company private, people with knowledge
2023-07-26 09:53
China Market Rally Needs Policy Follow-Up, Morgan Stanley Says
Imminent follow-through of actionable policy measures, especially those for the property sector, will be key to sustaining a
2023-07-26 09:45
Ouster of Xi’s Handpicked Foreign Minister Halts Rising Career
As foreign minister, China’s Qin Gang was expected to usher in an era of diplomacy that would help
2023-07-26 09:19
Chip Heavyweight Hynix’s Revenue Beats as AI Lifts Memory Demand
SK Hynix Inc. reported better-than-expected revenue, declaring the memory chip market is recovering because of surging interest in
2023-07-26 08:26
Asian Stocks Set for Muted Open Before Fed Meeting: Markets Wrap
Asian markets are likely to be subdued Wednesday as investors await the Federal Reserve’s rate decision, with equity
2023-07-26 06:57