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Russia looks to swerve default with last-minute dollar bond payment | The Asahi Shimbun: Breaking News, Japan News and Analysis

LONDON/WASHINGTON--Russia made what appeared to be a late U-turn to avoid a default on Friday, as it made a number of overdue interest payments in dollars on its overseas bonds, despite previously vowing to pay only in rubles as long as its reserves remained frozen.
United States United Kingdom City Of Neuberger Berman Kaan Nazli Wally Adeyemo
Source: asahi.com

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Nokia exits Russia | Bloomberg News

Finnish 5G gear maker Nokia Oyj plans to exit the Russian market in response to the invasion of Ukraine and the full-scale war Russia is waging. Over the last weeks Nokia had suspended deliveries and stopped new business, it said in a statement on Tuesday. Itโ€™s also moving its โ€œlimitedโ€…
United Kingdom Pekka Lundmark Vladimir Putin Nokia Oyj Huawei Technologies Co Ltd Executive Officer Pekka Lundmark

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