BUSINESS

UniCredit has paused efforts to buy Banco BPM after losing more than a fifth of its value since Russia invaded Ukraine, two sources close to the matter told Reuters.

Amazon.com Inc on Wednesday told Reuters it plans to close all 68 of its physical book stores, pop up shops and "4-star" stores in the United States and United Kingdom, ending some of its longest-running experiments in physical retail.

Amazon.com Inc said on Wednesday it plans to close all 68 of its brick-and-mortar bookstores, pop ups and shops carrying toys and home goods in the United States and United Kingdom, ending some of its longest-running retail experiments.

Italy's third-largest bank Banco BPM has occupied a special place on the wish list of Andrea Orcel since the veteran dealmaker took the reins at UniCredit last April, several sources have said.

Italy's third-largest bank Banco BPM has occupied a special place on the wish list of Andrea Orcel since the veteran dealmaker took the reins at UniCredit last April, several sources have said.

Regulators are preparing for a possible closure of the European arm of Russia's second-largest bank, VTB Bank, amid growing concerns about the impact of Western sanctions on the bank following the Ukraine invasion, according to two sources familiar with the matter.

G7 looks to stop cryptoassets use as Russia sanctions dodge

Ukraine plans to urge about 50 additional tech companies, including in gaming, esports and internet infrastructure, to take action against Russia following a slew of earlier requests, a top Ukrainian government tech official told Reuters on Wednesday.

Ukraine plans to urge about 50 more tech companies, including in gaming, esports and internet infrastructure, to take action against Russia, a top Ukrainian government tech official told Reuters on Wednesday.

Nestle, the world's largest food group, said it has reopened its factories and warehouses in central and western Ukraine in a bid to ensure essential food and drink deliveries in the war-torn country.

German carmakers association VDA said that the fallout from Russia's invasion of Ukraine was disrupting transport routes as well as financial transactions and that it was bracing for shortages in a range of raw materials.

Costco has nine new store openings planned from now until June. Is a new location opening up near you?

Fleeing Ukrainians reach Moldova to escape Russian bombs

Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition, three sources with direct knowledge of the matter told Reuters.

Amazon.com Inc plans to initiate criminal court proceedings this week against its Indian partner Future Retail for allowing the transfer of assets to a major rival despite a legal prohibition, three sources with direct knowledge of the matter told Reuters.

At the moment, meat is the king of its own realm. With a $2.7 trillion global market by the year 2040, meat remains the most popular food choice for the majority of consumers and investors.

Foldable future: Smartphones return to design classic

Progress on recycling smartphones, but more to do

Kellogg Co has won the dismissal of a proposed class-action lawsuit claiming its Strawberry Pop-Tarts do not contain enough strawberries.

Russia silences independent media amid Ukraine conflict

Russia battles to shore up sanction-hit economy

Saudi Arabia says cracking down on illegal Captagon drug

Nigeria to airlift hundreds stranded by Ukraine crisis

The recall affects about 1 million Fitbit Ionic Smartwatches in the U.S. where the lithium-ion batteries could overheat, causing a burn risk.

Cyprus fears financial fallout of Russia's Ukraine invasion

Russia's king of diplomacy becomes sanctioned pariah

The Bank of Canada hiked interest rates for the first time since October 2018 on Wednesday and said rates would need to go higher despite increased uncertainty following Russia's invasion of Ukraine.

The Bank of Canada hiked interest rates for the first time since October 2018 on Wednesday and said they would need to go higher despite increased uncertainty following Russia's invasion of Ukraine, setting the stage for a further increase in April.

Target's new approach to retail is paying big dividends.