Reuters

MOSCOW (Reuters) - HSBC has completed the sale of its Russian unit to Expobank, the Russian lender said on Wednesday.

Russian President Vladimir Putin in February gave approval for HSBC's asset sale to privately owned Expobank to go ahead.

HSBC announced in June 2022 that it had agreed to sell a 100% stake in the unit, HSBC Bank (RR) LLC, to Expobank.

(Reporting by Reuters; writing by Maxim Rodionov; editing by Jason Neely)

GENEVA (Reuters) - The top U.S. health official said on Wednesday it would be "tragic" for the world to miss out on key reforms to the global pandemic response and that a treaty deal was within reach, with no major differences between negotiators.

Health officials are meeting in Geneva this week to try to wrap up more than two years of negotiations on a pandemic treaty and a series of updates to existing International Health Rules (IHR). However,... (continue reading...)

(Reuters) -Abercrombie & Fitch raised its annual sales growth forecast and beat estimates for first-quarter results on Wednesday, betting on new and trendy apparel and accessories to drive demand at its Abercrombie and Hollister brands.

The company saw another quarter of resilient demand across apparels and accessories, as customers continued to stretch their budgets to shop for its baggy jeans and shorts.

"We successfully navigated seasonal... (continue reading...)

(Reuters) - BlackRock's iShares Bitcoin Trust has become the world's largest fund for the original cryptocurrency, racking up nearly $20 billion in total assets since listing in the U.S. at the start of the year, Bloomberg News reported on Wednesday.

The exchange-traded fund held $19.68 billion of token on Tuesday, overtaking Grayscale Bitcoin Trust's $19.65 billion, report said, citing data compiled by Bloomberg.

BlackRock did not... (continue reading...)

(Reuters) - Aethon Energy will acquire Tellurian's upstream assets for $260 million and purchase two million tons per annum (mtpa) of liquefied natural gas (LNG) from its Driftwood LNG plant, the companies said on Wednesday.

Shares of Tellurian were up 6.1% in premarket trading.

Reuters reported earlier this month that U.S. LNG developer Tellurian had sent home more than a dozen workers from its upstream gas production business amid sale... (continue reading...)