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Thursday, September 24, 2026
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Hugo Boss announced the sale of its business in Russia

Hugo Boss announced the sale of its business in Russia

German company Hugo Boss has announced that it is selling its Russian business to its wholesale partner Stockmann. This agreement will terminate the brand’s presence in Russia This was reported by Reuters. Hugo Boss, like many other retailers, has suspended its retail operations in Russia due to the full-scale invasion of Ukraine. In addition, the […]

A new blow to the Russian economy, Switzerland freezes assets worth $14 billion

A new blow to the Russian economy, Switzerland freezes assets worth $14 billion

Switzerland has blocked 13 billion Swiss francs ($14.2 billion) of Russian assets held in the country. This includes more than 7 billion francs in reserves and assets of the Russian central bank. In 2023, Switzerland took additional measures by freezing another 580 million francs in financial assets and private property. These actions were the result […]

Traffic at Yahodyn-Dorohusk resumed: Polish farmers stop blocking the largest checkpoint

Traffic at Yahodyn-Dorohusk resumed: Polish farmers stop blocking the largest checkpoint

On Monday, April 22, Polish farmers ended a protest in front of the Dorohusk-Yagodyn border crossing point on the border with Ukraine. This was reported by the State Border Guard Service, according to Espresso.Zakhid. “According to the Border Guard of the Republic of Poland, today at 13:00 the protest of Polish farmers in front of […]

Germany offers Ukraine equipment from its closed thermal power plants

Germany offers Ukraine equipment from its closed thermal power plants

Germany offered Ukraine to look at German closed energy facilities that have equipment that Ukraine might need. This was stated by Energy Minister Herman Halushchenko, Ukrinform reports. “We are working very closely with our Lithuanian friends. Our teams of experts in Lithuania are looking at what equipment at old thermal power plants can be used […]

Britain provides Ukraine with $180 million for the energy sector

Britain provides Ukraine with $180 million for the energy sector

Ukraine will receive over $180 million from the UK to strengthen the energy sector The United Kingdom has allocated nearly 150 million pounds (over $180 million) to strengthen Ukraine’s energy sector. This was stated by the Permanent Representative of the United Kingdom to the OSCE, Neil Holland, the press service of the British government reports. […]

Biden extends ban on Russian ships entering US ports for another year

Biden extends ban on Russian ships entering US ports for another year

US President Joe Biden has extended the ban on Russian-linked vessels entering US ports for another year. This was reported on the White House website. “I am extending for one year the national emergency to regulate the docking and movement of Russian-affiliated vessels into United States ports as set forth in Proclamation 10371,” Biden said […]

Nova Poshta creates a new company to produce electricity

Nova Poshta creates a new company to produce electricity

The Nova Group, which includes Nova Poshta, has set up a new company, Nova Energy, to specialize in electricity production. This was announced by Volodymyr Popereshnyuk, one of the founders of Nova Group. The new company will generate electricity using solar panels and gas plants. “Recently, Russian companies have begun to invest heavily in electricity […]

The United States tightens export sanctions against companies from Russia, China and the UAE

The United States tightens export sanctions against companies from Russia, China and the UAE

In the latest effort to deter actions deemed harmful to national security and foreign policy, the United States has announced export restrictions against a number of foreign companies. The U.S. Department of Commerce indicates that these companies-three from Russia, six from China, and two from the United Arab Emirates-may be acting to the detriment of […]