Russia Financial News

09.06 / 09:53

exits KPMG fully exits Russia and Belarus amid ongoing Ukraine war

KPMG on 8 June said it has fully exited Russia and Belarus amid the invasion of Ukraine, about three months after announcing plans to do so. The move follows Deloitte’s, which exited those countries last month.

09.06 / 09:21

Climate change School Court grants nationality to girl born while migrating to Europe in Spain first

A Spanish court has for the first time granted citizenship to a migrant child who was born while their mother was trying to reach Europe.

08.06 / 16:13

regulation Digital Asset Bill to ban digital assets as payment introduced in Russian parliament

In recent months, Russian legislators have been preparing measures to fully institutionalize crypto as a properly taxable investment asset and a possible tool for foreign trade in Russia. Now, they want to make clear that the upcoming regulatory turn won’t include any windows for adopting digital financial products as a payment method.

08.06 / 12:59

Technology European Union One dead and eight injured after vehicle hits pedestrians in Berlin

At least one person was killed and eight others injured after a vehicle ploughed into pedestrians in Berlin on Wednesday morning, rescue services said.

08.06 / 12:17

Technology European Union Ukraine war live: Zelenskyy praises 'heroic defence' of Sievierodonetsk

Intense fighting to control Sievierodonetsk continued Tuesday, with both Russia and Ukraine making a series of claims and counter-claims about the situation on the ground. Moscow said it had "liberated" the eastern city, which is key to controlling Ukraine's eastern Donbas region, although this was soon rebuked by Kyiv who maintained they were still in control.

08.06 / 11:43

Technology European Union Food Eighteen go on trial in France accused of involvement in European horsemeat scam

Eighteen people have gone on trial in Marseille, France, accused of running a European horsemeat trading network involving produce unfit for human consumption.

08.06 / 11:43

Technology security European Union Low Like NATO, the EU has a mutual defence clause but trust appears low

Just like NATO, the European Union has its own mutual defence clause.

08.06 / 09:21

Credit Suisse warns it is facing another loss in the second quarter

Credit Suisse has warned that it is facing another quarterly loss, as weak performance in parts of its investment bank has weighed on profits.

08.06 / 08:11

Law Activism Congress AIM letter rights Human rights activists take aim at privileged crypto critics in letter to Congress

Human rights activists from 20 countries have submitted an open letter to the United States Congress in support of a “responsible crypto policy” and praising Bitcoin and stablecoins as essential tools aiding democracy and freedom for tens of millions.

08.06 / 07:43

Technology European Union Ukraine war live: Zelenskyy promises 'heroic defence' of Sievierodonetsk

08.06 / 00:17

business regulation Cybersecurity Senate committee Chainalysis exec touts blockchain analysis to Senate homeland security committee

The collection and processing of information was a major theme at the United States Senate Committee on Homeland Security and Governmental Affairs (HSGAC) hearing June 7 titled “Rising Threats: Ransomware Attacks and Ransom Payments Enabled by Cryptocurrency.” The committee hosted panel of private sector experts who discussed the problem of ransomware attacks and the challenges of collecting and using the information necessary to fight them.

07.06 / 21:31

Technology Apple recovery Ursula von der Leyen defends controversial approval of Polish recovery plan

Ursula von der Leyen has defended her controversial decision to approve Poland's €35-billion recovery plan, arguing the judicial reforms that Brussels has imposed serve as "leverage" to restore the rule of law.

07.06 / 18:33

Mining regulation Central Bank Russia Edges Closer to Crypto Regulation as Ruling Party, Energy Ministry Push for Legislation

Crypto regulation is likely to come sooner rather than later in Russia, leading politicians hope – with the ruling United Russia party throwing its weight behind legislative proposals and the Ministry of Energy voicing its support for crypto mining.

07.06 / 16:29

business Technology United Nations Science Russia's UN envoy walks out after Moscow blamed for food crisis

Russia's UN envoy walked out of a meeting after Moscow's actions in Ukraine were blamed for creating a "looming food crisis".

07.06 / 16:13

Deutsche Bank moves hundreds of Russia-based staff to Berlin

Deutsche Bank relocated hundreds of employees from its technology centre in Russia to Berlin and decided to make the German capital a tech centre for its investment and corporate banking activities.

07.06 / 15:11

Extreme Merit Action Strategy lawsuits London Metal Exchange hit with two U.S. lawsuits over nickel trading chaos

LONDON — A second U.S. firm has sued the London Metal Exchange for $15.3 million over canceled nickel trades in March.

07.06 / 13:41

business debate How a nondescript tweet sparked a huge debate on Swedish hospitality

Normally, a single tweet from an unverified user would be lucky to get a few likes or reshares.

07.06 / 11:37

Technology Cyprus accuses Turkey of wanting 'complete control' of separatist north

Cyprus has accused Turkey of seeking full control over the separatist north of the island, and will lodge a formal complaint with the United Nations, President Nicos Anastasiades told state broadcaster CyBC.

07.06 / 08:39

Technology Ukraine live: Situation changing 'hour by hour' in Sievierodonetsk

Ukrainian troops are engaged in fierce street fighting with Russian soldiers in the industrial city of Sievierodonetsk, in a pivotal battle for control of Ukraine's eastern Donbas region. "In the city, fierce street fighting continues," Ukrainian President Volodymyr Zelenskyy said in his nightly video address on Monday.

07.06 / 01:39

Technology abortion rights Outrage in Poland over new 'pregnancy register' on the back of near-total abortion ban

Poland's government is facing criticism over a new provision that requires doctors to record each pregnancy in the country.

06.06 / 23:45

Technology MPs Boris Johnson to remain as UK PM after securing the backing of Conservative MPs

Boris Johnson will remain as UK prime minister after tonight securing the backing of Conservative MPs.

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