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 Russian shelling after officials said more than 50 civilians trying to evacuate by rail from a neighbouring region were killed in a missile attack.
- 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 below expectations as lockdown continues, article with gallery
The city's vice mayor admitted to shortcomings as a record 23,600 new cases were reported on Saturday.
- World"A new symphony and I am the conductor," says Hong Kong leadership candidate
John Lee said he plans a new chapter for the global financial hub that has been wracked by upheaval with pro-democracy protests and COVID.