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Goldman Sachs Group Inc and JPMorgan Chase became the first U.S. banks to wind down business in Russia after it attacked Ukraine. Meanwhile, Credit Suisse said it had gross exposure to Russia of 1.6 billion Swiss francs ($1.73 billion) at the end of last year. Goldman Sachs, which has a …

Vietnam’s auto sales in the first two months surged 34 percent year-on-year to 53,544 units with four out of five top brands posting a double-digit increase. Passenger cars accounted for nearly 80 percent of sales and increased by 42 percent year-on-year to 42,820 units, according to data from Vietnam Automobile …

European football champions Chelsea are now effectively controlled by the British government after sanctions were imposed against Russian owner Roman Abramovich on Thursday. Abramovich, who had been under scrutiny following Russia’s attack on Ukraine, announced he was selling the Premier League club last week. That process is now on hold, …