Ashmore Plc’s profits slumped in the second half of last year as the asset manager saw clients pull billions from its funds.
German Chancellor Olaf Scholz said the European Union will impose a new round of sanctions against Russia this month to mark the one-year anniversary of President Vladimir Putin’s invasion of Ukraine.
Turkish President Recep Tayyip Erdogan visited the disaster zone struck by two massive earthquakes, following his declaration of a state of emergency in the area.
Turkey resumed crude-oil flows to the Mediterranean export terminal of Ceyhan late on Tuesday following two devastating earthquakes, according to an official with knowledge of the matter.
CVS Health Corp. has agreed to buy Oak Street Health Inc. for an enterprise value of $10.6 billion, as the pharmacy giant pushes deeper into health-care with its second major acquisition in the space in as many years.
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