Venezuela’s economy could grow 20% this year, Credit Suisse said, adding, “These are not typos!” … Walmart is boosting its starting salary for truck drivers to $110,000 a year … And the Carlyle Group raised $4.6 billion for a second fund that provides corporate debt financing.
Ukraine on Saturday called on civilians in the eastern Luhansk region to flee from amassing Russian forces after officials said more than 50 civilians trying to evacuate by rail from a neighbouring region were killed in a missile attack the previous day.
- BusinessS&P cuts Russia's foreign currency rating to 'selective default'
S&P on Saturday lowered Russia's foreign currency ratings to "selective default" on increased risks that Moscow will not be able and willing to honor its commitments to foreign debtholders.
- ChinaShanghai official says handling of COVID outbreak needs to improve, article with gallery
Shanghai's vice mayor admitted to shortcomings in the city's handling of its COVID-19 outbreak as a record 23,600 new cases were reported on Saturday.
- Middle EastIran imposes sanctions on 15 U.S. officials as nuclear talks stall
Targets include former Army Chief of Staff George Casey and Donald Trump's attorney Rudy Giuliani.