Swiss commodities firm Glencore may be selling its stake in Russian oil group Russneft to its former owner and founder Mikhail Gutseriyev, the Kommersant daily reported on Wednesday, citing sources.

Top Indonesian economic officials on Wednesday backed the expanded use of local currencies in trade and investment, instead of the U.S. dollar, to help maintain stability in global financial markets as pandemic-era stimulus is withdrawn.

Heineken reported higher earnings than expected in 2021 as the world's second largest brewer raised prices and shifted consumers to more expensive beers and drove through cost savings.

Thailand's interest in Lockheed Martin's F-35 stealth fighters is genuine, but clearance to buy the jets is a matter for the U.S. government, a senior executive from the defence giant said on Wednesday.

The global aircraft maintenance, repair and overhaul (MRO) sector faces fresh challenges from rising labour costs and a weak recovery in the widebody market as shop visits begin to rebound after a severe pandemic-related slump.

Brazilian planemaker Embraer SA said on Tuesday that American Airlines has placed a firm order for three new E175 aircraft, which will be operated by its Envoy Air subsidiary.