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 is ready for a tough battle with Russian forces amassing in the east of the country, President Volodymyr Zelenskiy said on Saturday, a day after a missile attack in the east that officials said killed more than 50 civilians trying to evacuate.
- 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 carries more out more COVID tests as food supply frustrations rise, article with video
A city official in China's financial hub acknowledged shortcomings in the handling of the outbreak.
- Asia PacificBritish diver rescued off Malaysia says his son died at sea
The group surfaced about an hour into their dive on Wednesday, but could not find their boat, the instructor told officials.