European Natural Gas Prices Slump as Key Norway Maintenance Ends
European natural gas prices slumped as supplies from Norway soared due to the completion of major maintenance. The
2023-07-17 19:59
Russia Pulls the Plug on Ukraine Grain Export Agreement
Russia ended the Ukraine grain-export deal nearly a year into the agreement, heightening uncertainty over global food supplies
2023-07-17 19:49
Russia Closes Crimea Bridge After Official Declares ‘Emergency’
Russia said two Ukrainian drones caused explosions that damaged its flagship bridge to Crimea, killing two people and
2023-07-17 18:51
Russia moves to ban iPhones for government officials over US spying fears
Russia is set to ban iPhones for government officials and state employees after accusing Apple of helping the US government conduct espionage operations. Government officials at Russia’s trade ministry will be banned from using iPhones and other Apple products for “work purposes” from July 17, the Financial Times reported. The trade ministry’s ban includes emailed correspondence relating to work activities, said its deputy head Vasily Osmako. The digital development ministry said it will follow suit, while state-owned company Rostec, which is under Western sanctions, said it has already introduced a ban on Apple products. It comes after the Kremlin told officials to stop using Apple products in March, citing fears they were vulnerable to US hacking. “Officials truly believe that Americans can use their equipment for wiretapping,” Andrey Soldatov, a Russia security and intelligence services expert, told the Financial Times. Russia’s Federal Security Service claimed in June it had uncovered a “spying operation by US intelligence agencies using Apple devices”. However, the FSB provided no evidence. The security service claimed several thousand iPhones with Russian SIM cards or registered with Moscow diplomatic missions in Nato countries were “infected” with monitoring software that indicated Apple’s “close co-operation” with the US National Security Agency. “Everyone in the presidential administration is aware that the iPhone is a completely transparent device and its use for official purposes is unacceptable and prohibited,” Dmitry Peskov, president Putin’s spokesperson, said last month. Apple has denied working with US intelligence services. The tech company said it “has never worked with any government to build a backdoor into any Apple product, and never will”. The ban will not impact regular consumers. Apple pulled out of Russia following last year’s invasion of Ukraine. However, Apple products continue to be imported to Russia from other countries. Read More Calls for security review after Briton arrested in Germany accused of spying for Russia Huawei: Why are western governments worried about China's technology powerhouse? Privacy: Why the iPhone battery spying trick shows that everyone needs to care about being snooped on
2023-07-17 18:27
Ukraine Recap: Russia Halts Grain Deal After Crimea Bridge Blast
Russia halted the Black Sea grain deal, heightening uncertainty over global food supplies by closing a crucial export
2023-07-17 17:54
EU’s Influence Push in Latin America Dented by Ukraine Wrangling
Leaders of the European Union are seeking to reboot relations with Latin America in a competition for influence
2023-07-17 17:20
Gap Opens For Frozen High-Yield Emerging-Market Dollar Deals
The waiting game for some of the riskier emerging-market borrowers is coming to an end. With higher interest
2023-07-17 15:29
Tepid China data, Richemont pull down European shares
European shares fell on Monday as China's lacklustre economic data knocked down commodity-linked stocks, while luxury group Richemont
2023-07-17 15:28
Ukraine-Russia war – latest: Parents killed and daughter injured after explosions reported on Crimean bridge
Two people were killed and their daughter was seriously injured after multiple reports of explosions on the Crimean Bridge led officials to declare an “emergency situation” in the early hours of Monday. Officials closed roads leading to the Kerch Bridge linking Russia and the Crimean peninsula, which is a major supply artery for Russian troops fighting in Ukraine and a prestige project that was personally opened by President Vladimir Putin. There was no immediate confirmation of an attack on the bridge, but it has been struck at least once previously since Vladimir Putin’s invasion began more than 500 days ago. Preliminary visuals of the lit-up Kerch Bridge on social media appeared to show a portion had been damaged. Russian military bloggers reported two missile strikes on the overpass. The RBC-Ukraine news agency said explosions were heard on the bridge, while Russian officials called it an "emergency" situation. A girl, who was injured in a passenger car, was being treated in intensive care, while her parents were killed, Vyacheslav Gladkov, governor of the Belgorod region said in a message on the Telegram messaging app. Read More Ukrainian boxer fights through the challenges of war on her way to the Paris Olympics Russia has 'sufficient stockpile' of cluster bombs, says Putin, as Ukraine gets US cluster bombs Yevgeny Prigozhin: Man who led Putin mutiny pictured in pants in tent during exile
2023-07-17 15:19
Saudi Arabia’s Neom Seeks $2.7 Billion Loan to Build Futuristic City
Saudi Arabia’s Neom, the company developing Crown Prince Mohammed bin Salman’s flagship megaproject, is looking to raise a
2023-07-17 15:16
Europe heatwave – live: Charon sees temperatures soar again as 50C record could be broken
Europe’s record for the hottest temperature ever recorded could be broken this week, with Italy issuing new hot weather red alerts for 16 cities as another heat dome heads towards the Mediterranean region. A new anticyclone dubbed “Charon”, who in Greek mythology was the ferryman of the dead, advanced into the region from north Africa on Sunday and could lift temperatures well above 45C in parts of Italy. “We need to prepare for a severe heat storm that, day after day, will blanket the whole country,” Italian weather news service said. “In some places ancient heat records will be broken.”The hottest temperature recorded in Europe was 48.8C in Sicily, in August 2021. The new heat dome enters Europe as the region is already experiencing deadly heat and wildfires with temperatures above 40C. At least 4,000 people were evacuated in Spain as firefighters struggle to contain wildfires tearing through La Palma. It comes as extreme temperatures are breaking records worldwide as both the US and China saw the mercury crossing 50C on Sunday. Read More Why is there no UK heatwave as Europe swelters during Cerberus? California's Death Valley sizzles as brutal heat wave continues Is it safe to travel in Europe during the heatwave and how are Britons affected?
2023-07-17 13:55
Cartier Owner Richemont Sales Rise as China Demand Bounces Back
Richemont reported higher first-quarter sales as a rebound in China outweighed a decline in the Americas. Sales rose
2023-07-17 13:46