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Russia

  • Russian athletes allowed to compete as neutrals at next year’s Paris Paralympics

    September 29, 2023

    Russian athletes will be able to compete as neutrals at next year’s Paralympic Games in Paris despite the country’s ongoing invasion of Ukraine. International Paralympic Committee member nations voted against a full suspension of the Russian committee at the organisation’s General Assembly in Bahrain, but a motion to partially suspend was passed on Friday afternoon. [...]

  • H&M: Sales to drop 10 per cent due to unusually hot September and Russia pull-out

    September 27, 2023

    H&M has warned that its sales are expected to decrease by 10 per cent in September, as unusually hot weather and discontinued operations in Russia have dampened trade.  The gloomy forecast puts a damper on the Swedish fashion giant’s latest third quarter update, revealing a six per cent rise in net sales to SEK 60,897m [...]

  • Oligarch: Putin and Russia won’t be stopped by ineffective sanctions

    September 26, 2023

    Oligarch Oleg Deripaska said Russia and Putin have weathered Western sanctions imposed over the invasion of Ukraine

  • Ukraine ‘launches missile strike on headquarters of Russia’s Black Sea fleet’

    September 22, 2023

    Ukraine has carried out a missile strike on the headquarters of Russia’s Black Sea fleet, with one serviceman missing, the Russian defence ministry has said. The Russian-installed governor of Sevastopol, Mikhail Razvozhayev, said no one was injured outside the burning headquarters but did not provide information on other casualties. Firefighters battled the blaze and more [...]

  • North Korea plots follow-up after Putin meeting with Kim Jong Un

    September 22, 2023

    North Korean leader Kim Jong Un discussed follow-up measures to his recent visit to Russia with his powerful politburo

  • London-listed Georgian banks pressured to dodge US sanctions by central bank

    September 21, 2023

    Two London-listed Georgian banks have been caught in the middle of a sanctions spat after the Georgian central bank told the lenders they don't need to comply with recently announced US sanctions.

  • Biden urges world leaders to stand up to Russia over Ukraine

    September 19, 2023

    President Joe Biden urged world leaders to stand up to Russia, warning no nation can be secure if “we allow Ukraine to be carved up”.

  • London-listed Mondi leaves Russia after agreeing to sell biggest paper mill

    September 18, 2023

    UK paper and packaging giant Mondi has agreed to sell its largest Russian plant for around 775 million euros (£668 million) to a Moscow-based property development group. Mondi’s share price jumped by nearly five per cent on Monday morning after it unveiled the deal involving Syktyvkar, its last remaining plant in Russia and the country’s [...]

  • Kim Jong Un inspects Russian bombers, missiles and frigate

    September 16, 2023

    North Korean leader Kim Jong Un has inspected Russia’s nuclear bombers, hypersonic missiles and an advanced warship from its Pacific fleet, during a trip to the country’s far east. After arriving in the city of Artyom by train, Kim travelled to an airport just outside the port city of Vladivostok where Russian defence minister Sergei [...]

  • Russia admits error after pilot ‘thought he had permission to shoot down RAF spy plane’

    September 14, 2023

    A Russian pilot tried to shoot down an RAF spy plane believing he had been given permission to fire, according to a report. Russia blamed a “technical malfunction” for causing the incident over the Black Sea on September 29 last year. But intercepted communications suggest the pilot fired after receiving an ambiguous command from a [...]

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