Details of the agreement between SSE and SGRE were announced on the same day the latter released preliminary results for the second quarter, reporting revenue of around 2.2 billion euros and an operat...
Tag: Russia
More Than 5 Million Refugees Have Fled Ukraine Since Start Of Russia’s Invasion
Topline More than 5 million refugees have left Ukraine since Russia launched its invasion two months ago, the United Nations’ refugee agency said on Wednesday, as it warned of the risks of trafficking...
Procter & Gamble (PG) Q3 2022 earnings
Bottles of Tide detergent, a Procter & Gamble product, are displayed for sale in a pharmacy on July 30, 2020 in Los Angeles, California. Mario Tama | Getty Images Procter & Gamble is expected ...
Ukraine Plans To Evacuate 6,000 Women, Children And Elderly From Mariupol After Agreement With Russia
Topline Ukraine is planning to evacuate around 6,000 women, children and elderly people from the besieged port city of Mariupol on Wednesday after reaching a preliminary agreement with Russia to allow...
Credit Suisse Expects Q1 Loss amid Russia Exposure, Legal Costs
Credit Suisse issued a statement on Wednesday, revealing that it is expecting negative impacts on its first-quarter earnings due to the impact of its business in Russia and several litigation provisio...
The Ukrainian Air Force Just Got Bigger. It Seems Someone Gave Kyiv More MiG-29s.
A Ukrainian air force MiG-29 in 2018. Wikimedia Commons photo Amazingly considering the odds against them, Ukraine’s airmen have more flyable fighters today than they did in early April, according to ...
Russia Could Mine Bitcoin and Other Cryptocurrencies to Evade Sanctions, IMF Warns
Russia could use cryptocurrency mining to evade sanctions, according to the IMF. The IMF warned in its new report that sanctioned countries like Russia could use cryptocurrencies and significantly boo...
Biden Reportedly Planning Another $800 Million In Military Aid To Ukraine
Topline President Joe Biden is planning to announce a new military aid package for Ukraine roughly the same size as the $800 million package approved last week, boosting total U.S. military assistance...
Russia Touts SWIFT Alternative, But Will Keep Its Members Secret
(Bloomberg) — A day after Bank of Russia Governor Elvira Nabiullina touted the country’s alternative to the SWIFT financial-messaging service, the regulator said it will no longer publicly discl...
CBDC in Russia: the digital rouble will soon be a reality
Following in China’s footsteps, Russia’s Central Bank has been developing the digital rouble for a few years now. Digital rouble, what is a CBDC? A new CBDC is coming, the digital ruble CBDCs, or Cen...
Here’s Why Mariupol Is Such A Prized Target For Russia
Topline Mariupol, the heavily besieged southeastern Ukrainian port city with a pre-war population of about 400,000 that largely has been reduced to rubble since Russia launched its invasion of Ukraine...
CurrencyCom Attacked Hours After Announcing Pullout From Russia
As one of the major crypto exchanges in Europe, CurrencyCom has a solid customer base in both Russia and Ukraine. On Saturday, the company confirmed that it had been attacked hours after announcing pl...
As Russia Launches A New Attack U.S. Extends TPS To Ukrainians
While Russia launches a new attack on Ukraine, the U.S. announces TPS protection for Ukrainians in … [+] America. getty Russia’s new invasion of Ukraine, involving a massive 480-kilometer-long f...
European Carmakers Will Report Impressive Profits, But War Ruins Short Term Prospects
Aerial view new cars for sale stock lot row, New Cars dealer inventory import export business … [+] logistic global. getty Europe’s automakers will report strong profits for the first quarter in...
Russia wants to legalize crypto but not stablecoins
Russia has enacted a bill to authorize the use and trading of crypto, with an unexpected ban on stablecoins. The first steps towards crypto and stablecoins Russia’s first steps towards crypto, with a...
TECH WEEK is the largest tech business conference in Russia and Eastern Europe
TECH WEEK is the largest tech business conference in Russia and Eastern Europe. 250 speakers and 100 exhibitors from such companies as ER-Telecom Holding, YouDo, Samokat, Yandex Cloud, VK, Roistat, Ne...
Exmo Trading Platform Stops Services in Russia, Belarus & Kazakhstan
Cryptocurrency trading platform Exmo has announced it will stop serving traders and customers from Russia, Belarus, and Kazakhstan. The move comes following the Russian invasion of Ukraine which has l...
Trade flows between Shenzhen and Russia thin by nearly a third as freight forwarders bemoan Ukraine uncertainties
Freight shipments from Shenzhen to Russia have shrunk by nearly a third since Moscow began its invasion of Ukraine, according to freight forwarders in the southern tech hub who provide logistics servi...
Russia Has Begun Its Assault On The Donbas Region, Ukraine Says
Topline Russian forces attempted to break Ukrainian frontlines across the Donbas region in Eastern Ukraine Monday, President Volodymyr Zelensky and a Ukrainian security official said, confirming weeks...
Ukraine’s Shift To A New NATO Arsenal Is Unprecedented-And Inevitable
Ukraine will need 155mm guns—like this M777 artillery piece. ASSOCIATED PRESS Defending your country is hard enough. Managing to defend yourself while shifting from Russian-derived heavy weaponry to a...
Market will break out of slump due to peaking inflation: Evercore ISI
The market slump may be in its final innings. According to Evercore ISI’s Julian Emanuel, stocks should start grinding higher due to peaking inflation. He cites a positive trend going back to th...
Top Comics Creators Team Up On Ukraine Benefit Anthology
Sunflower Seeds: Comics for Ukraine, a new anthology to benefit Ukranian refugees, announced April … [+] 18, 2022 Art by Alex Ross Like many people over the last few months, Scott Dunbier watche...
Russia Goes Bullish On Bitcoin As Finalized Bill Suggests Adopting Crypto
The bill contains a detailed regulatory framework on the circulation of cryptocurrencies Draft bill also introduces requirements for certification, identification, and accounting for entities An exch...
EXMO Exits Russia, Sells User Base There to Unnamed Buyer
EXMO is also giving up its users in Kazakhstan since the new owner is based there. The structure of the deal is unclear, as EXMO hadn’t been operating as a separate legal entity in Russia. Maria...
Russia Has Found No Place Yet to Invest Reserves After Sanctions
(Bloomberg) — Russia’s central bank conceded it’s found no clear alternatives to the world’s major reserve currencies after sanctions over the war with Ukraine left it in possession of only yuan...
Crypto firm Exmo exits Russia and Belarus by selling part of its business
London-based cryptocurrency exchange Exmo is the latest crypto trading platform to formally suspend its business in Russia and Belarus due to Russia’s invasion of Ukraine. Exmo is selling its digital ...
Association of Banks of Russia Proposed Criminalizing Crypto Storage in Non-custodial Wallets
27 mins ago | 2 mins read Editors News The group also recommended criminal responsibility to refuse keys to official authorities. An official assessment states that a seizure of such assets is very di...
Natural gas surges to highest level since 2008 as Russia’s war upends energy markets
A liquid natural gas (LNG) storage silo at the LNG terminal, operated by LNG Croatia LLC, in Krk, Croatia, on Monday, Jan. 25, 2021. Petar Santini | Bloomberg | Getty Images U.S. natural gas prices su...
Currency.com reveals ‘failed’ Russian cyberattack after leaving Russia last week
Currency.com has revealed that the cryptocurrency trading platform was the target of a large hacking effort after the suspension of its activities in Russia last week. It was announced on April 17 tha...
Russia Will Likely Capture Mariupol ‘In The Coming Week,’ Think Tank Says
Topline Russian forces have driven Ukrainian defenders out of most parts of Mariupol and could fully capture the besieged port city “in the coming week,” the Institute for the Study of War said Sunday...