In retaliation against Western sanctions, the Russian government has banned the sale of Russian assets. So firms that, in recent years, have been encouraged to establish a presence in Russia, to make breakfast cereals or detergents, are “locked in” with local businesses, staff and supply chains.
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Starmer says Tesla investment welcome after Musk row
admin, , Business, 0
Tesla, run by Elon Musk, would be welcome to invest in the UK, the prime minister has said. Sir...
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EU opens investigation into X over alleged disinformation
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The EU’s industry chief, Thierry Breton, confirmed on Thursday the bloc had sent X a “formal request for information”...
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Budget 2021: 10 ways Rishi Sunak’s speech affects you
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By Kevin PeacheyPersonal finance correspondent, BBC News image copyrightGetty Images With lives and livelihoods still at risk, Chancellor Rishi...
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More than 17 million have used buy now, pay later services
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But many charities want action to be taken sooner, arguing that many consumers could be pushed into borrowing more...
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UK scraps Covid-19 vaccine deal with French firm Valneva
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In a statement on its website, Valneva said: “Valneva SE, a specialty vaccine company, today announced that it has...
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Johnson & Johnson to pay $230m to settle opioid claim
admin, , Business, 0
“Johnson & Johnson helped fuel this fire, but today they’re committing to leaving the opioid business – not only...
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Shein: China fashion giant investigates ‘false’ anti-Uyghur job ads
admin, , Business, 0
“For a retailer without physical stores and a company that is virtually unknown to anyone but their target audience,...
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Retail sales soar 9.2% in April as shops reopen
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“Footfall is still down by 40% on the pre-pandemic period, and there are still 530,000 people who work in...
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