BBCNEWS World Business Report June 4, 2024 04:51:00
From russia will cost the company up to $5 billion dollars in writedowns. the oil giant made the update ahead of its earnings announcement due next month. the figure is higher than its previous estimate of around $3 billion, due to severalfactors including credit losses in russia and potential impacts around contracts. fruit suppliers are feeling the effect of logistical disruptions because of the war in ukraine. the association of african producers of bananas and otherfruits, afruibana, has expressed its concern regarding the impact of the war on the european banana market where nearly 90% of...
Source: archive.org