Russia -Ukraine war

King Charles is being urged to revoke royal warrants for Cadbury and Marmite owner Unilever due to their connections with Russia. Ukrainian campaigners wrote to King Vladimir Putin ahead of his birthday, June 15, urging him not to award…

Germany will reintroduce limited military service. However, the plan falls short of the original goal set by the Defence Ministry to restore the conscription system that was scrapped 13 year ago. Boris Pistorius, the defence minister,…

Unilever is keeping its Russian ice-cream business, despite plans to sell its frozen dessert brands. Magnum and Ben & Jerry’s owner, Unilever, is considering a possible sale or IPO for its ice-cream brands. These brands generate…

The EU will take a major step to confiscate a possible €27bn profit that could be generated by Russian assets in Europe, which are frozen for the next four-year period. This money would help finance the war effort in Ukraine. Officials…

Nord Stream has sued insurers, including Lloyd's of London, for more than €400m (£345m ) in damages over explosions which destroyed pipelines used to carry Russian gas into Europe. The Swiss company that operates the two Nord Stream…

Gazprom, the Russian gas company, plans to sell off its stakes across North Sea assets. It faces compensation claims of multi-billion dollar value from European gas companies due to its drastic reduction of pipeline gas supply in 2022.…

Vladimir Putin was effusive late last year after Gazprom reported record sales to China, telling chief executive and longtime ally Alexei Miller: "This is great, I congratulate you on the results of your work." But the Russian…

After being pressed by his colleagues, Viktor Orban, the Hungarian prime minister, rescinded a veto he had previously taken on the financial aid package. The compromise reached at an emergency EU summit came after an unprecedented…

The Russian operator has suspended operations at a major terminal for gas outside St Petersburg following a large fire that broke out. It was caused, according to the Russian operator, by "external actions". Novatek, Russia’s…

Last year, Russia purchased at least one third of its critical battlefield components abroad from US-based companies and their allies. This was largely due to the fact that production facilities were outsourced to states with weaker export…

Paul Smith's fashion company has warned about the impact of inflation after recording a fourth consecutive loss. The 77-year-old designer's firm said that sales in its global business increased by 7.7pc, to £212.5m, compared to a year…

The EU is working on a plan to provide Ukraine with a financial back-up of up to 20 billion euros, using a debt-structure that will allow it avoid Viktor Orban's objections about funding this war-torn nation. Officials are looking for…

After Denmark reversed decades-old foreign policy and became the last country in the region in which to sign an agreement on defence cooperation with Washington, the US will now be able base troops and equipment in Denmark permanently.…

Rolls-Royce has begun talks with Ukraine’s largest private power company about building a series of mini-nuclear power plants. DTEK, a part of Rinat Akhmetov’s industrial group and a billionaire businessman, has had early discussions…

EU leaders agreed to start talks with Ukraine for its accession after Hungary's Prime Minister changed his mind about opposing this important step for the country. This decision is a significant milestone in Kyiv's path towards joining the…

After a cargo vessel carrying iron ore to steel giant ArcelorMittal, which was damaged by a Russian missile near Odesa, Ukraine sought to assure shipowners that its Black Sea trade corridor is viable. It is the first civilian vessel to…

In the wake of Russia’s invasion of Ukraine, Britain and Poland have agreed to a £4bn (£3bn) air defence contract, which is the largest export contract ever between the two nations. The UK will provide Polish forces with an air defence…

Since the Russian invasion of Ukraine in 2014, more than 100 UK companies admitted to violating sanctions against Russia. As of May 17, the Office of Financial Sanctions Implementation, or OFSI, recorded that 127 companies had reported…