Russia
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Stora Enso to take another US$58m hit following decision to exit Russia
RUSSIA – Finnish corrugated packaging company Stora Enso is expecting to incur an additional loss of US$55 million following its decision to fulling divest its…
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G7 warn war in Ukraine is stoking a global food and energy crisis
GERMANY—Group of Seven advanced economies warn that the war in Ukraine is stoking a global food and energy crisis which threatens poor countries, and urgent…
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Global wheat supply suffers as conflict persists in Ukraine and other key suppliers endure weather-reduced crop
UKRAINE— Global wheat supply suffers as conflict persists in top producer Ukraine and as other key suppliers, India and USA endure weather-reduced crop. The yield…
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AB InBev to incur US$1.1B impairment charge following decision to fully exist Russia
BELGIUM – World’s largest beer company AB InBev is facing an imparment charge of US$1.1 billion following its decision to exit its Russian joint venture AB InBev…
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Ukraine crisis pushes global food prices to a new record high in March – FAO
GLOBAL – Consumers in March spent 13% more on their food items when compared to February as the ongoing Ukraine-Russia war caused turmoil in markets…