By Reuters Published Aug 5, 2024 Hugo Boss has sold its Russian business to wholesale partner Stockmann for an undisclosed fee, the German fashion house said on 5 August, joining the ranks of Western brands to exit the Russian market over the war in Ukraine. Reuters The German fashion company suspended its retail business in [...]read moreHugo Boss sells Russian business to wholesale partner Stockmann
EU officials are again looking to test out their new powers under the Digital Services Act (DSA), with a view to bringing social media companies into line over data usage and advertising. After already launching investigations into X, related to the spread of misinformation on the platform, and TikTok, over the protection of minors in [...]read moreMeta Faces EU Probe Over Russian Disinformation on Facebook
E.U. officials are again looking to test out their new powers under the Digital Services Act (D.S.A.), with a view to bringing social media companies into line over data usage and advertising. After already launching investigations into X, related to the spread of misinformation on the platform, and TikTok, over the protection of minors in [...]read moreMeta Faces EU Probe Over Russian Disinformation on Facebook
Hugo Boss is now finally parting with its Russian business. As reported by the Handelsblatt newspaper, Stockmann JSC, Metzinger’s long-standing wholesale partner, is taking over the business on the Russian market. Rumours of a complete sale have repeatedly surfaced over the past two years in light of the war in Ukraine. All Russian shops closed [...]read moreHugo Boss sells Russian business
U.S. Cybersecurity and Infrastructure Security Agency (CISA) has confirmed that Russian government-backed hackers stole emails from several U.S. federal agencies as a result of an ongoing cyberattack at Microsoft. In a statement published Thursday, the U.S. cyber agency said the cyberattack, which Microsoft initially disclosed in January, allowed the hackers to steal federal government emails [...]read moreUS says Russian hackers stole federal government emails during Microsoft cyberattack
MOSCOW — Russian company Automotive Technologies announced it had started assembling Citroen C5 Aircross models in batches at a plant south of Moscow formerly owned by Stellantis, with the cars set to be sold in dealerships from May. Reuters exclusively reported in February, citing customs data and two people familiar with the matter, that Automotive [...]read moreRussian company starts Citroen production at former Stellantis factory
The Ukrainian military has said it hit two large Russian landing ships in overnight attacks on the occupied Crimean peninsula as well as other infrastructure used by the Russian navy in the Black Sea. “The defence forces of Ukraine successfully hit the Azov and Yamal large landing ships, a communications centre and also several infrastructure [...]read moreUkraine says it hit two Russian ships off occupied Crimea | Russia-Ukraine war News
Early Saturday, Piknik, one of Russia’s most popular heritage rock bands, published a message to its page on Vkontakte, one of the country’s largest social media sites: “We are deeply shocked by this terrible tragedy and mourn with you.” The night before, the band was scheduled to play the first of two sold-out concerts, accompanied [...]read morePiknik, a longtime Russian rock band, is now at the center of a tragedy.
Ukraine has accused Russia of falsely suggesting that Kyiv was to blame for Friday night’s terrorist attack in Moscow and of using the deadly episode to rally support for the Kremlin’s war in Ukraine and to escalate the fighting there. Ukraine’s Foreign Ministry said in a statement that Russian officials were making such accusations “with [...]read moreUkraine Rejects Russian Speculation That It Had Role in Attack
Less than a week ago, President Vladimir V. Putin of Russia claimed a fifth term as president with his highest-ever share of the vote, using a stage-managed election to show the nation and the world that he was firmly in control. Just days later came a searing counterpoint: His vaunted security apparatus failed to prevent [...]read moreDeadly Moscow Attack Shatters Putin’s Security Promise to Russian People