Maersk Ceo: We Are In Talks To Sell Out Russian Business, And Ex…

Published on 08/03/2022 at 04:02 am EDT

Reuters

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MAERSK CEO: WE ARE IN TALKS TO SELL OUT RUSSIAN BUSINESS, AND EXPECT NEGOTIATIONS TO END RELATIVELY SOON

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After software, it is now the turn of financial services to be hurled into the AI washing machine. The sector tumbled on Wall Street yesterday, dragging the broader indices into the red. Volatility remains elevated, with pronounced swings across a wide range of listed stocks. Investors are marking time until this afternoon's release of the monthly US employment figures, digesting a smattering of results from major European companies in the meantime.

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