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Deutsche bank to wind down Russia
Deutsche Bank which faced stinging criticism from some investors and politicians for its ongoing ties to Russia, said that it would wind down its...
Foxconn halts Shenzhen operations
Major Apple Inc supplier and iPhone assembler Foxconn said that it has suspended operations in the Chinese city of Shenzhen to comply with the local government's...
Atlantia turns to traffic tech
Having sold its motorway business in Italy, Atlantia is investing in smart traffic technology. This is to help drive development of cleaner transport and open...
Gulf markets mixed amid US ban on Russian oil
Major Gulf bourses traded mixed amid fears of a potential supply shock after the United States announced a ban on Russian oil imports. U.S....
Volkswagen stops orders for some plug-in hybrids
Volkswagen will stop taking orders for several plug-in hybrid models. This is because of Russia's invasion of Ukraine destabilises its supply chain just as chip...