Three Spanish truckers unions on Tuesday dismissed a government aid package and joined a spontaneous one-week strike against rising fuel prices that is likely to aggravate a shortage of food products in supermarkets across the country, KFGO.com reported. The three truckers unions opted to join the strike after they decided a 500 million euro ($550.45 million) government support package offered on Monday was vague and not enough to compensate for the soaring price of diesel.

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The apartments typically go unused, instead acting as an investment vehicle to hold onto money, Africa Business Insider reported. They're often held through a trust or shell company to hide the identity of the true owner. In a small city in South Florida called Sunny Isles Beach, luxury condos tower over the Atlantic Ocean. But high above the busy streets, not all of the city's multi-million dollar apartments light up at night.

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British government bond issuance will fall closer toward pre-pandemic norms in the coming financial year, when the market's biggest buyer over the last decade — the Bank of England — will move to the sidelines, according to a Reuters poll of primary dealers, Reuters reported. The Debt Management Office's 2022/23 gilt issuance remit is likely to show about 147 billion pounds ($193.8 billion) of bond sales, compared with 194.8 billion pounds in the current year, according to the median forecast in the poll.

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Boris Becker dishonestly “played” the bankruptcy system, hiding cash, property and trophies from authorities, a court has heard at the opening of his trial, The Guardian reported. The multiple-grand-slam-winner is charged with 24 counts relating to concealing assets, nine of which relate to trophies and medals won during his illustrious playing career, including from his first Wimbledon men’s single championship when he burst on to the world scene, aged just 17 years old. Becker denies all the charges.

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A Moscow court said on Monday that Meta was guilty of "extremist activity," but the ruling will not affect its WhatsApp messenger service, focusing on the U.S. firm's already-banned Facebook and Instagram social networks, Reuters reported. Meta did not respond to requests for comment after Moscow's Tverskoi District Court said in a press statement that it had upheld a lawsuit filed by state prosecutors on banning the company's activities on Russian territory.

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Russian small and medium-sized enterprises (SMEs) have been hit by a tsunami of problems in just the first few weeks of the Kremlin's invasion of Ukraine, and entrepreneurs that have spent years building up their business are already going to the wall thanks to the multiple shocks hitting the markets, IntelliNews reported. Anecdotal evidence from conversations between bne IntelliNews and business people in the Russian capital is pouring in of widespread difficulties as the war in Ukraine goes into its fourth week.

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Struggling Finnish retailer Stockmann said on Monday it had sold its main department store and head office building in the heart of Helsinki to Finnish pension provider Keva for 400 million euros ($442 million) to pay off debts, Nasdaq.com reported. The 159-year-old retailer initiated a restructuring programme last year to avoid bankruptcy, after struggling for years with debt accumulated from earlier expansions and a consumer shift to online shopping.

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Taxpayer-backed satellite firm OneWeb has announced it will resume launches after a deal with Elon Musk’s SpaceX, GrampianOnline.co reported. OneWeb canceled a planned launch of 36 broadband satellites earlier this month because it would have used Russian Soyuz rockets and been overseen by the Russian space agency. The firm has now done a deal with SpaceX, and the first launch is anticipated later this year. The move will allow the firm to resume its plans to add further satellites to its constellation in low earth orbit.

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Global equity markets gained on Friday after traders cheered a Russian bond payment that averted a historic sovereign default, while gold prices dropped as demand for the safe-haven metal eased following the start of the U.S. interest rate hike cycle, Reuters reported. The Russian finance ministry announced on Thursday that it had sent funds to cover $117 million in coupon payments on two dollar-denominated sovereign bonds that came due this week.

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Russian oil market participants have switched their trading tactics, favoring private deals over public offerings due to new Western sanctions, traders said on Thursday, Reuters reported. About a quarter of Russian oil exports, including flagship Urals and ESPO Blend oil grades, is usually sold on a spot basis, normally via public tenders in which a number of companies generally have been invited. As of March 17, Russian oil companies haven't issued any spot tenders for May ESPO Blend, which would normally be offered in tenders by this time.

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