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Roblox founder’s pay jumps to $233 million on long-term stock awards

Gaming platform Roblox Corp's (RBLX.N) founder and chief executive officer David Baszucki's compensation package for 2021 totaled $232.8 million, compared with just…

4 years ago

Explainer: Challenges arise as Russia calls for gas payments in roubles

Russian President Vladimir Putin on Wednesday said the world's largest natural gas producer would soon require "unfriendly" countries to pay…

4 years ago

Explainer: Can Russia pay its creditors, and what happens if not?

Russia is due to pay $117 million in interest on two dollar-denominated sovereign bonds on Wednesday - the first such…

4 years ago

Sanctioned Russia teeters on brink of historic default

The economic cost of Russia's assault on Ukraine was further exposed on Wednesday as the sanctions-hit country teetered on the…

4 years ago

Investors in India’s Paytm have no access to payments bank data, CEO says

Investors in India's Paytm (PAYT.NS) do not have access to customer data of its payments bank, CEO Vijay Shekhar Sharma told Reuters…

4 years ago

UBS has limited Russia exposure, but sees risks of unexpected increases

UBS's (UBSG.S) direct exposure to Russia made up $634 million of the Swiss bank's total emerging market exposure of $20.9 billion at…

4 years ago

Malaysian financier said he discussed 1MDB probe with Trump allies -testimony

A fugitive Malaysian financier said he won support from allies of former U.S. President Donald Trump for a possible settlement…

4 years ago

Exclusive: U.S. utilities push White House not to sanction Russian uranium

The U.S. nuclear power industry is lobbying the White House to allow uranium imports from Russia to continue despite the…

4 years ago

Visa, Mastercard block Russian financial institutions after sanctions

U.S. payment card firms Visa Inc (V.N) and Mastercard Inc have blocked multiple Russian financial institutions from their network, complying with government…

4 years ago

EXCLUSIVE Tesla plans new Shanghai plant to more than double China capacity – sources

Tesla Inc (TSLA.O) plans to start work on a new plant in Shanghai as soon as next month as part of a…

4 years ago