Former WeWork boss and co-founder wants to buy back the bankrupt co-working company five years after being ousted
The Kremlin-controlled energy giant Gazprom has bought the 27.5% stake formerly owned by Shell in the Russian liquefield natural gas producer Sakhalin Energy for around $1bn.
The Russian government said late on Monday that the 27.5% stake in Sakhalin Energy is due to be sold to a company called Sakhalin Project for 94.8bn roubles. Sakhalin Project is fully owned by Gazprom, Reuters reported, citing company filings.
Good progress on implementing the Back to Fashion strategy, including action to clear aged stock and transition to the new operating model by FY25. Ahead on plan to improve stock efficiency and reduce inventory to £600m by year end.
Rapid currency moves are undesirable.
It is important for currencies to move stably, reflecting economic fundamentals.
12.30pm GMT: US Durable goods orders for February (forecast: 1.1% monthly gain)
2pm GMT: US Conference Board Consumer confidence for March
