Prime Minister Mikhail Mishustin on Wednesday said Russia would provide additional funds to develop its IT sector and may tweak tax arrangements for businesses and households as it seeks to manage the fallout from unprecedented western sanctions.

China will soon approve the third batch of localities set to launch trials of its digital yuan currency, state-backed financial outlet Securities Times reported on Wednesday.

LONDON (Reuters) -Russia's invasion of Ukraine will not have a dramatic impact on bookings in eastern Europe so long as the war doesn't escalate, Ryanair boss Michael O'Leary said on Wednesday, adding the airline was well-placed to deal with surging oil prices.

LONDON (Reuters) -The next 12 months will be "very difficult" for most airlines after Russia's invasion of Ukraine pushed up oil prices above $100 a barrel, Ryanair boss Michael O'Leary said on Wednesday as he reassured that the Irish airline was comfortably hedged.

OPEC+ will likely stick to modest oil output rises when it meets on Wednesday, officials said, as OPEC heavyweights Saudi Arabia and the United Arab Emirates (UAE) recommit to their deal with Russia despite widening sanctions on Moscow and oil prices at eight-year highs.

SEOUL (Reuters) -South Korea's Hyundai Motor Co said on Wednesday it planned to invest about 95.5 trillion won ($79.21 billion) through 2030, including about 19.4 trillion won ($16.10 billion) towards electric vehicle (EV) related businesses.