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Veon: The company, which owns Ukraine's largest mobile operator Kyivstar, posted sales of $916 million, up 19.6% year-on-year in local currency terms. Its core profit, meanwhile, rose 13.6% to $415 million.
Veon CEO Kaan Terzioglu (pictured) insisted closing the sale of its Russian operations and maintaining financial discipline remained its top priorities.
Against the backdrop of renewed great power competition and an emerging multipolar world, it is crucial that the United States prioritize its engagement within multilateral institutions, including those in the United Nations system. As China looks to supplant the U.S.-led rules-based order, Washington should foster better relations with developing nations and emerging powers, particularly those in the Global South. Even as the U.S.-China rivalry intensifies, Washington should avoid putting countries in a position where they must make zero-sum choices. How can Washington do this?
Top stories from the Russian press on Friday, July 21st
Veon shareholders reportedly voted to shrink its board from 11 members to seven, a move prompted by the pending sale of its Russian business.