Mothercare shares surge as baby goods seller returns to profitability September 13, 2022 Shares in Mothercare surged by more than 60 per cent today after the British baby-care products retailer said it had swung back into profitability over the past financial year. The Watford headquartered company posted profits of £12.1m for the financial year 2022, compared to a £21.5m loss in FY 2021. The retailer said the “significant [...]
Wave of optimism and excitement across Ukraine as Russian Army suffers defeat after defeat in dozens of villages September 13, 2022 The sombre mood that has dominated Ukraine since the start of the Russian invasion, at the beginning of February, is rapidly making way for a wave of optimism and excitement after days of successes by the country’s army. Reports yesterday from the Ukrainian military stated that home forces successfully freed more than 20 settlements in [...]
Ukraine reports major gains in counteroffensive against Russia September 10, 2022 Ukraine has reported major gains in a counteroffensive against Russian forces, officials have claimed today. Ukrainian foreign ministry spokesman Oleh Nikolenko suggested troops had retaken Kupiansk, cutting off supplies to the Russian front line. The Security Service of Ukraine, known as the SBU, posted a message which it said showed its forces in Kupiansk, further [...]
Solicitors watchdog to crack down on SLAPP lawsuits, SRA chief says September 8, 2022 The head of the UK’s Solicitors Regulation Authority (SRA) has vowed to crack down on the use of spurious lawsuits to silence legitimate criticism. In an article in The Times, SRA chief executive Paul Philip said the watchdog is “committed to cracking down” on law firms using so-called ‘strategic lawsuits against public participation’ (Slapps). The [...]
World heading towards a ‘perfect’ cybercrime storm, cybersecurity experts warn September 6, 2022 THE COMBINATION of mounting geopolitical tensions, the looming economic downturn and the push to digitalise business processes is creating a “perfect storm” for hackers, cybersecurity experts told City PM NCC chief executive Mike Maddison said the digitisation agenda on the back of the global pandemic has created new opportunities for hackers in opening up new [...]
Gazprom says Siemens ready to repair Nord Stream 1 pipeline September 3, 2022 Russian energy firm Gazprom has suggested Siemens was ready to fix its gas pipeline to Germany, after its reopening was delayed this weekend. An oil leak in a turbine on the Nord Stream 1 pipeline means it will be closed until further notice, after being closed for several days due to maintenance work. On Saturday, [...]
Zaporizhzhya: Concern as Europe’s largest nuclear plant shelled by Russia before inspectors arrive September 1, 2022 Major concerns have been raised over Russian attacks on Europe’s biggest nuclear reactor in south-eastern Ukraine. The Kremlin’s forces conducted military operations near the route for officials visiting the Zaporizhzhya Nuclear Power Plant, from the International Atomic Energy Agency (IAEA) today. The Defence Intelligence of Ukraine said Moscow targeted the city of Enerhodar and territory [...]
Head of Russia’s biggest private oil producer, who criticised the war in Ukraine, dies after ‘falling out of hospital window’ September 1, 2022 The head of Russia’s biggest privately held oil producer, who criticised the Kremlin’s invasion of Ukraine, has died after reportedly falling out of a hospital window. Ravil Maganov, chair of the board of LUKOIL, died this week in mysterious circumstances, according to Russian-language site Interfax, as reported by the FT’s Moscow correspondent. The company is [...]
END OF AN ERA: Mikhail Gorbachev, last Soviet leader who ended cold war without bloodshed, dies aged 91 August 31, 2022 Mikhail Gorbachev, the former Soviet Union president and Nobel Peace Prize winner, credited with ending the Cold War, has died aged 91 Gorbachev ended the Cold War without bloodshed but failed to prevent the collapse of the Soviet Union, while introducing Russia to western brands like Pizza Hut and McDonald’s. Gorbachev, the last Soviet president, [...]
Ukraine war: Russia kills 22 in missile strikes on rail station August 25, 2022 At least 22 people are said to have been killed during two missile strikes on a Ukrainian rail station, as Kyiv marked its 31st annual day of independence from Moscow. The attack on Chaplyne, 90 miles west of Russian-occupied Donetsk, was announced by President Volodymyr Zelenskiy during a video address to the United Nations yesterday. [...]
