Funding & Business
Divesting Russia Unit Not in Raiffeisen’s Hands: CEO
Raiffeisen Bank International AG’s chief executive officer says the bank wants to deconsolidate its business in Russia, but the decision is not necessarily up to the firm. “It’s not in our hands,” Johann Strobl told Lizzy Burden at a Bloomberg event in Vienna. The bank says it has been trying to figure out how to leave Russia for more than three years.
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Anna Edwards, Guy Johnson, Valerie Tytel and Mark Cudmore break down today’s key themes for analysts and investors on “Bloomberg: The Opening Trade.” (Source: Bloomberg)
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An emergency summit of Arab and Muslim countries in Doha coincides with the fifth anniversary of the Abraham Accords, a set of US-brokered agreements that normalized diplomatic relations between Israel and several Arab states. But the Arab world is now faced with a new reality, the war has come to the Gulf. Prem Kumar, Partner at DGA-Albright Stonebridge Group and Former US National Security Council Senior Director tells Joumanna Bercetche on Bloomberg’s Horizons Middle East & Africa, there are no indications the US is prepared to apply real pressure on Israel. (Source: Bloomberg)
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China’s biggest maker of medical devices, Shenzhen Mindray Bio-Medical Electronics Co., has picked banks for its planned Hong Kong listing, according to people familiar with the matter.
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