French DIY Retailer Leroy Merlin to Cede Control…

The French home improvement retailer Leroy Merlin will transfer control of its stores in Russia to local management, parent company ADEO announced Friday, more than a year since the invasion of Ukraine triggered an exodus of Western…

European Central Bank Asks Raiffeisen to Scale Back…

The European Central Bank (ECB) has called on Austria's Raiffeisen Bank to scale down its operations in Russia, Reuters reported Friday, citing sources familiar with the matter. The news comes just a day after Ukraine’s National Agency…