Poland's two largest fashion retailers, LPP and CCC, are suspending all business in Ukraine, company officials said on Thursday, after Russia's attack on its neighbour sent their shares plummeting.

Tesla Inc plans to start work on a new plant in Shanghai as soon as next month as part of a plan to more than double production capacity in China to meet growing demand for its cars in the country and export markets, two people familiar with the matter told Reuters.

BERLIN (Reuters) -Mercedes-Benz will focus on its most luxurious vehicles and bring more software in-house to tackle higher costs and supply chain bottlenecks which are likely to continue to weigh on returns, the company said on Thursday.

JPMorgan has said it may have to review plans to start including Ukraine government bonds in it influential GBI-Emerging Markets index at the end of the next month amid the country's rapidly escalating crisis.

British retailers reported slower sales growth in February but said demand was better than normal for the time of year as the Omicron wave of coronavirus cases eased, according to a Confederation of British Industry survey published on Thursday.

Carlsberg has shut its brewery in Lviv, western Ukraine, after supplies of natural gas to the brewery were cut, a company spokeswoman told Reuters.