Volkswagen hopes to finalise sales process for Russia plant soon – brand chief

(Reuters) – Volkswagen brand chief Thomas Schaefer said the carmaker hoped to finalise the sales process for its plant in Kaluga, Russia soon, though he did not give a specific timeframe. “The sales process is not finalised,” Schaefer said at the car brand’s annual press conference. “But it is known that we are making efforts …

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World should move on from Ukraine war, focus on poverty – India’s G20 negotiator

NEW DELHI (Reuters) – Russia’s war in Ukraine has brought the world to a standstill when urgent action is needed to address growing global poverty, India’s G20 summit negotiator Amitabh Kant said on Wednesday. Kant’s comments follow two back-to-back G20 ministerial meetings in India in the last three weeks overshadowed by the war, which entered …

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Intesa’s Russian subsidiary sees huge profit jump in 2022

MOSCOW (Reuters) – Italian bank Intesa Sanpaolo’s Russian subsidiary saw profits more than six times higher in 2022 than the year before, independent audit documents showed, as Western sanctions on Russia’s banking sector gave foreign lenders an unlikely boost. Foreign banks have stepped in to take business from Russian lenders who fell under sweeping Western …

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Ethiopia, U.S. agree to strengthen ties, says Ethiopian PM Abiy

ADDIS ABABA (Reuters) – Ethiopian Prime Minister Abiy Ahmed said he and U.S. Secretary of State Antony Blinken had agreed during a meeting in the Ethiopian capital to strengthen bilateral relations with a commitment to partnership. (Reporting by Dawit Endeshaw and Bhargav Acharya; Writing by Estelle Shirbon; Editing by Alexander Winning)

Los propietarios de Nord Stream discuten la reparación del gasoducto, según E.ON

ESSEN, Alemania, 15 mar (Reuters) – Los accionistas del operador del gasoducto Nord Stream 1 están debatiendo cómo sellar y vaciar el gasoducto dañado para detener la corrosión provocada por el agua de mar, declaró el presidente financiero de E.ON, uno de los propietarios. El presidente financiero de E.ON, una de las partes interesadas, dijo …

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Romania, Bulgaria expect their Schengen entry bid to be approved this year

BUCHAREST (Reuters) – Romania and Bulgaria do play their part in stemming illegal migration, the Romanian president said on Wednesday, adding he hoped the two neighbouring states will be let into the European Union’s passport-free Schengen area this year. The two EU states were kept out of Schengen in late 2022 because of Austrian opposition …

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