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Russia

  • Coca-Cola bottling firm raises outlook on revenue spike as Russia volumes tank

    August 9, 2023

    Coca-Cola HBC AG, the bottling company of the soft drink giant, reported a 19.3 per cent rise in revenues in its half year results as the group raised its outlook for the year.  Operating profit for the bottler rose 15.9 per cent to €170m (£146m) as the group said it benefited from price increases in [...]

  • Russia hit with 25 new UK sanctions as Cleverly warns Putin there’s ‘nowhere to hide’

    August 8, 2023

    Britain said it is targeting Russian President Vladimir Putin’s access to foreign military supplies by imposing 25 new sanctions on individuals and businesses. Foreign Secretary James Cleverly said the action will “further diminish” Russia’s arsenal and shows there is “nowhere to hide” for those assisting the illegal invasion of Ukraine. Those sanctioned include companies based [...]

  • Ukraine sea drones attack Russia port damaging ship as Kyiv fightback continues

    August 4, 2023

    Ukrainian sea drones have attacked a major Russian port on the Black Sea, damaging a naval ship, according to a Ukrainian official. It is the latest in a series of strikes inside Russia as Kyiv vowed to bring the fight home to them.  Moscow claimed it repelled the attack. The strike on Novorossiysk marks the [...]

  • Russia hit by drone attacks as Ukraine fights back with buildings hit miles from the Kremlin

    July 31, 2023

    Ukraine attacked Russia with drones on Sunday, damaging two office buildings just miles from the Kremlin and a pig-breeding complex on the countries’ border. The attacks, which Ukraine did not acknowledge in keeping with its security policy, reflected a pattern of more frequent and deeper cross-border strikes the Kyiv government has launched since starting a [...]

  • Russia claims it shot down a drone from Ukraine as war enters 18th month

    July 28, 2023

    A Ukrainian drone has been shot down near Moscow, Russia’s defence ministry has said.  It is the third drone strike or attempt on the capital region this month. There were no injuries or damage, the ministry added. It did not give details about where the drone was shot down on Friday morning, but said it [...]

  • Bulgaria agrees to send heavy military equipment to Ukraine

    July 22, 2023

    Bulgaria has agreed to provide the Ukrainian army with 100 armoured personnel carriers, marking a turnaround in the Nato member’s policy on sending military equipment to Kyiv following the appointment of a new, pro-Western government. Direct arms supplies were rejected by previous interim governments, appointed by President Rumen Radev. Radev is sympathetic to Russia and [...]

  • Supermarket fuel margins more than double since Ukraine war

    July 22, 2023

    Supermarkets have more than doubled their margins on fuel since the start of the war in Ukraine, new analysis suggests. The RAC said Asda, Tesco, Morrisons and Sainsbury’s were making an average of around 4.7p per litre on fuel sales when the Russian invasion began in February 2022. The motoring services company found this had [...]

  • MI6 chief calls for Russians to spy for UK

    July 19, 2023

    The head of MI6 has urged Russians angry at Vladimir Putin’s war in Ukraine to spy for the UK. Sir Richard Moore told them “our door is always open” and “we will work to bring the bloodshed to an end”. He said that while artificial intelligence (AI) is being used to help target the Kremlin’s [...]

  • Kremlin seizes Danone and Carlsberg subsidiaries in latest sanctions pushback

    July 17, 2023

    The Russian state has taken control of French yoghurt maker Danone’s Russian subsidiary along with beer company Carlsberg’s stake in a local brewer, according to a decree signed by President Vladimir Putin on Sunday. The decree said that foreign-owned stakes in Danone Russia and Baltika Breweries were being put under the “temporary management” of government property agency Rosimushchestvo. It comes after the Russian subsidiaries of Germany’s Uniper and Finland’s Fortum were taken under state control in April. The Kremlin warned [...]

  • Russia’s war in Ukraine: Two dead on 12 mile bridge to Crimea amid reports of explosions

    July 17, 2023

    Traffic on the key bridge connecting Crimea to Russia’s mainland has been halted amid reports of explosions. Two have been reported as dead following the explosion. The health ministry in Russia’s Krasnodar region, which lies at the eastern end of the bridge, said two people were killed in an unspecified accident on the bridge and [...]

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