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5 Things You Need To Know, Today, on Thursday 3rd March 2022
5. A former Nissan executive Greg Kelly has been found guilty of assisting the Japanese car giant's ex-CEO Carlos Ghosn to evade pay disclosure laws.
The court in Tokyo heard that Mr Kelly had helped Mr Ghosn hide part of 9.3 billion yen (£60m; $80.4m) of his income from financial regulators.
4. H&M has announced it is temporarily suspending all sales in Russia due to the invasion of Ukraine.
The world's second-biggest retailer said it was concerned about the developments in Ukraine on Wednesday.
3. Chelsea owner Roman Abramovich says he has made the "incredibly difficult decision" which "pains" him to sell the club.
The Russian will not ask "for any loans to be repaid" and said proceeds of the sale would be donated to war victims.
2. Even though oil prices have surged to seven-year highs, the Organization of the Petroleum Exporting Countries and its allies, led by Russia, known as Opec+ say they will only increase their output by a modest amount.
The 23-country-strong cartel will add 400,000 barrels of oil per-day to the market from April.
1. The cost of a typical UK home rose by a record £29,162 in the last year, bringing the average price to £260,230 in February according to the Nationwide.
The building society said it was the biggest cash increase in property prices since it started collecting comparable data in 1991.