Next anticipates £10m hit to profit after suspending online sales to Ukraine and Russia March 24, 2022 Fashion retailer Next has lowered its profit guidance by £10m after it stopped online sales in Ukraine and Russia. The high street name also shrunk its sales guidance for the 2022/2023 year by £85m, a two per cent dip. In results published on Thursday, it anticipated its full price sales would rise five per cent [...]
Putin pushes for rouble payments causing gas prices to spike March 23, 2022 Russia will seek payment in roubles for gas sales from “unfriendly” countries revealed President Vladimir Putin today.
Anatoly Chubais: Top Russian envoy steps down and leaves the country after criticising war in Ukraine March 23, 2022 A senior and respected Russian official has stepped down from his role of climate envoy and left the country, after opposing Vladimir Putin’s war in Ukraine. Anatoly Chubais quit Moscow this week according to Bloomberg, becoming the highest-ranking person to get out since the start of the war last month. This comes after Russia was [...]
Ministry of Defence calls on YouTube to axe Ben Wallace hoax call March 23, 2022 The Ministry of Defence have called on YouTube to remove videos of a hoax call to defence minister Ben Wallace.
Fake fundraisers trying to cash in on Ukraine crisis surge March 23, 2022 The national fraud reporting centre has received hundreds of reports of fake Ukraine fundraising requests.
Nestlé suspends brands including KitKat and Nesquik in Russia after scolding from Ukrainian President Zelensky March 23, 2022 Food and beverage giant Nestlé is suspending brands including KitKat and Nesquik in Russia. “We are focused on providing essential foods such as baby food and medical/hospital nutrition products. This means we will suspend the vast majority of our pre-war volume in Russia,” a Nestlé spokesperson said. It comes after the world’s largest consumer goods [...]
Angry Putin ends WWII peace talks with Japan as Tokyo exploits anti-Russian sentiment to claim Kuril Islands March 23, 2022 The Russian government has told Japan it is ending negotiations to sign a formal World War II peace treaty because of Tokyo’s efforts to exploit the Ukraine war to claim the Kuril Islands belong to Japan. “The Russian side, in the current conditions, does not intend to continue talks with Japan on the peace treaty,” [...]
Pro-Kremlin paper admits close to 10,000 Russian solders killed in Ukraine while 16,000 troops wounded March 23, 2022 Pro-Kremlin tabloid Komsomolskaya Pravda has published Russian Ministry of Defence figures that list 9,861 Russian troops have now died in Ukraine. Moreover, the paper also says 16,153 have been wounded in the ongoing war. “Huge if true – though this probably won’t stay online long,” Matthew Luxmoore, the Wall Street Journal’s reporter in Moscow tweeted. [...]
Alisher Usmanov: Ex Arsenal and Everton backer has assets ‘transferred into irrevocable trusts’ March 23, 2022 Former of Arsenal FC shareholder Alisher Usmanov says most of his property has been “transferred into irrevocable trusts” in a bid to evade UK sanctions. The Russian billionaire claims he has protected some of his most valuable properties and his £437m yacht after they were frozen earlier this month. According to The Times, a spokesperson [...]
Highest since 2015: Russian inflation goes through the roof as level accelerates to 12.5 per cent March 23, 2022 It seems another headache is coming Vladimir Putin’s way as inflation in Russia has shot up to 12.5 per cent, the country’s highest level since 2015. Annual inflation in Russia accelerated to 12.5 per cent as of March 11, its highest since late 2015 and up from 10.4 per cent a week earlier, the economy [...]