Many Russians who borrowed in dollars to finance mortgages face a crisis on payments with the rouble falling by half in the past few years against the US currency.
Citigroup announced it reached an agreement to sell its retail banking business in Japan to Sumitomo Mitsui Banking Corp., one of the county's three mega-banks.
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Oil traded above $60 a barrel in London amid the highest volatility in more than three years as Saudi Arabia, the world's largest crude exporter, is seen to be signaling its confidence in the market.
Seoul: South Korea has indicted the chief executive officer and local subsidiary of Uber Technologies Inc for violating a law governing public transport, becoming the latest jurisdiction to challenge the US taxi service provider.