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bloomberg.com

Coke—and Dozens of Others—Pledged to Quit Russia. They’re Still There. (www.bloomberg.com)

After Vladimir Putin’s troops surged over the Ukrainian border in February 2022, the Coca-Cola Co. was among the first multinationals to pledge it would quit Russia in protest. Aiming to avoid the inevitable headaches of complying with expected Western sanctions on the Kremlin, Coke asked its partners there to pull its cans...

Coke—and Dozens of Others—Pledged to Quit Russia. They’re Still There. (www.bloomberg.com)

After Vladimir Putin’s troops surged over the Ukrainian border in February 2022, the Coca-Cola Co. was among the first multinationals to pledge it would quit Russia in protest. Aiming to avoid the inevitable headaches of complying with expected Western sanctions on the Kremlin, Coke asked its partners there to pull its cans...

China’s credit engine, which once powered industries and markets all over the world, is stuck in low gear – and set to stay there (www.bloomberg.com)

Data for May due this week is forecast to show a resumption of loan growth after a shock contraction in April, the first for almost two decades. But nobody expects a return to the days when Beijing would engineer borrowing booms to speed up the world’s second-biggest economy....

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