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	Podcast:		World Business Report
	Episode:		H&M plans global expansion to make up for Russia losses
	Category:		Business
	Duration:		00:24:48
	Publish Date:		2022-06-29 15:31:00
	Description:		Fashion brand H&M is planning to open more stores in South America to make up for losses in Russia, where it's closed its shops due to the war in Ukraine. Before the conflict, Russia had been H&M's most important growth market. We speak exclusively to the group's head of investor relations, Nils Vinge, about the challenges ahead. As the economic crisis in Sri Lanka continues, we hear from people living in the capital, Colombo, as they struggle to buy enough fuel for their businesses. The country has suspended sales of fuel for non-essential vehicles for two weeks. Airbnb has permanently banned parties at homes around the world on its platform. We speak to an Airbnb host in the Bahamas whose home was rented and wrecked by partygoers.
	Total Play:		0