(LONDON, UK) – Britain has restarted production of hypersonic target vehicles after a pause of more than ten years, moving to equip its armed forces with the tools needed to train against the growing threat of advanced Russian missile systems. The Ministry of Defence has signed a contract worth GBPContinue Reading
(LONDON, UK) – British consumer goods company Reckitt Benckiser has agreed to sell its Russian hygiene business to local manufacturer Arnest Management, pressing ahead with plans to reduce its presence in Russia first announced in 2022. The sale covers a production facility in Moscow, intellectual property rights for local brandsContinue Reading
(KYIV, UKRAINE) – The Allseeds group, one of Ukraine’s largest producers and exporters of vegetable oils and oilseed meals, has suspended operations in the Odesa region, citing a sharp rise in security risks from Russian missile and drone attacks on port and logistics infrastructure. The company made the announcement inContinue Reading
(VALENCIA, SPAIN) – Ford and Chinese automaker Geely Auto have announced plans to jointly produce low and zero emission vehicles at Ford’s factory in Valencia. The partnership aims to revive Ford’s position in the European market as it faces intensifying competition from fast growing Chinese rivals. The joint venture, whichContinue Reading
(KYIV, UKRAINE) – The State Property Fund of Ukraine has put the Kotovsk winery up for sale in a privatisation auction with a starting price of 24.8 million hryvnias. At the current exchange rate, that equates to roughly 552,000 US dollars, 434,000 British pounds or 487,000 euros. The fund announcedContinue Reading
