Mexican bottler and retailer Femsa plans to increase the number of its Oxxo convenience stores by as much as 50% across Latin America over the next decade, executives said on Monday, with hundreds planned for Brazil, Chile and Colombia in 2022 alone.

Investors further reduced bets on Monday for interest rate hikes from major central banks this year, as the West ramped up sanctions against Russia for invading Ukraine, creating fresh uncertainty about the world economic outlook.

Commonwealth Bank of Australia, the country's No. 1 lender, said it would sell a 10% stake of China's Bank of Hangzhou for about A$1.8 billion ($1.31 billion), exiting a nearly two-decade-old investment amid market pressure.

Global auto and truck makers, including U.S. automaker General Motors Co and Germany's Daimler Truck, on Monday suspended some business in Russia following that country's invasion of Ukraine.

FRANKFURT (Reuters) -A number of big investors on Monday filed to end their lawsuits against Allianz after a settlement was reached over their losses in a multibillion-dollar trading debacle at the German asset manager's funds arm.

(Reuters) -Aircraft leasing firms are set to terminate hundreds of leases with Russian airlines following Western sanctions over the invasion of Ukraine https://www.reuters.com/world/europe/russias-isolation-deepens-ukraine-resists-invasion-2022-02-28 that give the sector a month to act.