Russian having a cup of tea

Tea Exports to Russia a Losing Proposition

Russia, the world's largest importer of tea has come under pressure from the fall in ruble, leading to margins coming under severe pressure for Indian exporters. Dec 11, 2014

Citi Group Nears Japan Exit; SMBC to Buy Bank's Retail Unit

Citi Group, the third-largest US bank, has reportedly entered into advanced talks with SMBC, a unit of Sumitomo Mitsui Financial Group, to sell its retail banking unit in Japan as the sector has been grappling with losses. Dec 10, 2014