Google’s Russian subsidiary files for bankruptcy after bank account confiscation

May 18 (Reuters) – Russia’s Google subsidiary plans to file for bankruptcy after authorities seized his bank account, making it impossible to pay employees and suppliers, but free services including search and YouTube will continue to operate, a spokesman for Russia’s Google Inc said on Wednesday. . Alphabet Corporation (GOOGL.O) The unit has been under … Read more

Analysis: White House balances inflation and farmers in new biofuel mandates

May 16 (Reuters) – The White House is expected to announce in coming weeks how much biofuels like corn ethanol that U.S. refiners will have to blend into their fuel this year, a decision that will force it to balance taming consumer inflation against subsidizing the nation’s farmers. How the administration balances competing priorities could … Read more