WSJ told about Musk’s plans to hold a new IPO Twitter in three years, Times learned about the difficulties with the deal to buy Chelsea from Roman Abramovich – these and other important news for the morning of Wednesday, May 4, in our daily review.

A key element of the sixth package of EU sanctions against Russia will be a ban on imports of Russian oil and oil products, The Wall Street Journal quoted sources as saying.

Ukrainian President Volodymyr Zelensky said at a CEO summit organized by The Wall Street Journal that the country would need $600 billion to rebuild its economy and infrastructure after the end of Russia’s special operation.

A deal to sell British soccer club Chelsea has been jeopardized by a demand to repay a $2 billion loan to Jersey-based Camberley International Investments, a company allegedly linked to Roman Abramovich, the Times said.

Russian companies in most segments of retail trade and services record a decrease in turnover. This is evidenced by the results of a study of the analytical resource “Check Index” of the fiscal data operator “Platform OFD”, conducted at the request of Forbes.

Tesla founder Ilon Musk at meetings with potential investors of Twitter, which he buys for $44 billion, announced plans to hold a new IPO of the company in three years, writes The Wall Street Journal.