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Whirlpool sells Russian operations to Arcelik

  Bloomberg Whirlpool Corp agreed to sell the entirety of its Russian operations to Arcelik AS for deferred payments of as much as $233 million over 10 years. The sale includes the company’s manufacturing site in Lipetsk and the sales organization in Moscow, as well as sales operations in Kazakhstan and certain other countries, Whirlpool said in a filing. The ...

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Nato formally invites Sweden, Finland to join military alliance

Bloomberg Nato leaders formally invited Sweden and Finland to join the military alliance, paving the way for reshaping European defense by lengthening its border with Russia. “The accession of Finland and Sweden will make them safer, Nato stronger, and the Euro-Atlantic area more secure,” according to summit conclusions agreed by Nato leaders in Madrid after weeks of stalling by Turkey. ...

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Boris Johnson says he’d be ‘amazed’ if Putin attends G-20 summit

  Bloomberg Boris Johnson said he would be “absolutely amazed” if Vladimir Putin attends the Group of 20 summit in Indonesia in November, calling the Russian president a “pariah figure.” Both Putin and Ukrainian President Volodymyr Zelenskiy have been invited to the G-20 gathering in Bali by Indonesia’s president Joko Widodo. Russia has been heavily sanctioned by some G-20 states ...

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