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The Latest Breaking News from Ukraine

Nike Yet To Renew Franchise Agreements In Russia: Report

Nike Inc (NYSE:NKE) has not renewed agreements with its largest franchisee in Russia, Reuters reported, quoting Vedomosti daily newspaper. The U.S. sportswear maker suspended its Russia operations temporarily in March due to Russia's invasion of Ukraine. The head of Inventive Retail Group (IRG), which operates Nike-branded stores in Russia, reportedly said Nike…

Benzinga

Davos 2022: EU's Gentiloni 'confident' deal can be reached on Russian oil embargo

The war in Ukraine and its impact on the global economy continue to dominate discussions at the World Economic Forum in Davos, Switzerland. Business Editor Kate Moody has been speaking with Paolo Gentiloni, EU Commissioner for the Economy, about Europe's ongoing efforts to wean itself off Russian energy.

France 24

Ukraine shares video meme of ‘suicide’ drone attacking Russian tank set to Star Wars theme

Drones were provided by the Unted States as part of Biden’s military aid following the Russian invasion

The Independent UK

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Two Italian steelworks see starkly different impact from war in Ukraine

An Italian factory that works in conjunction with the Ukrainian steelworks Azovstal is currently at a standstill, as steel from Ukraine is no longer arriving. But just down the road, a factory partially owned by a Russian oligarch is operating at full capacity, using Russian steel. Our correspondents report from…

France 24

Chelsea sale funds to be frozen and releasing them will require further licence

The government want to be certain the sale proceeds, thought to be £2.5 billion, go to support humanitarian causes in Ukraine

The Independent UK

Ukraine will fight until it recovers all its territory, says Volodymyr Zelensky

Ukraine will continue fighting until it has recovered all of its territory, its president Volodymyr Zelensky has vowed.

Evening Standard

Marks & Spencer shuts all 50 stores in Russia due to invasion of Ukraine

Retail giant Marks & Spencer is about to close down its Russian stores for good after stopping resupplying them earlier in the year - costing the firm £31million

Daily Mirror

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BrewDog fans raise more than £100,000 for Ukraine

The special fundraising beer was launched for pre-order on March 11

Wales Online

M&S quits Russia as CEO Steve Rowe bows out after six years

MARKS & Spencer is quitting Russia after 17 years in reaction to the Ukraine war – a move that will cost it £31 million.

Evening Standard

MotoGP postpones Finnish GP return until 2023

MotoGP's Finnish Grand Prix will be cancelled for the 2022 season, with the current geopolitical situation between Russia and Ukraine forcing its postponement to 2023.

Motorsport

MotoGP postpones Finnish GP to 2023

MotoGP's Finnish Grand Prix will be cancelled for the 2022 season, with the current geopolitical situation between Russia and Ukraine forcing its postponement to 2023.

Autosport

EU cracks widen over Ukraine as Italy, Hungary urge truce

Italy and Hungary have urged the EU to call explicitly for a ceasefire in Ukraine and peace talks with Russia, putting themselves at odds with other member states determined to take a hard line with Moscow ahead of a summit next week.

Reuters

Gareth Bale’s star quality tipped to give Wales edge in World Cup play-off

Scotland or Ukraine will visit Cardiff on 5 June to decide a place at Qatar later this year

The Independent UK

Biden is sending dangerous messages about Taiwan to China. The US should tread with care

Remarks like this feed China’s anxiety that US commitment to its One China policy is slipping

The Guardian - US

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Manchester Evening News

Government issues licence to permit sale of Chelsea FC and is “satisfied" the sale will not benefit Roman Abramovich

The proceeds of the sale will be used for humanitarian causes in Ukraine, a government statement said

The Independent UK

Russia ‘ready to let Ukraine export food’ as crisis warnings mount

Moscow suggests it could end blockade of Black Sea ports under international pressure

Salon

Putin’s real goal in Ukraine isn’t land

Putin isn’t just trying to take over Ukrainian land — he is trying to obliterate Ukrainian identity

Evening Standard

Putin launches ‘insane’ onslaught on Ukraine’s Donbas region

Vladimir Putin’s forces have launched an “insane” onslaught in the Donbas, Ukrainian officials said on Wednesday.

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Wales Online

Food prices in UK set to go up again thanks to Russian blockade, says MoD

So far, the UK and allies have said there are “no current plans” for Royal Navy warships to help break Russia’s blockade

Reuters

Orthodox spiritual leader says Russian church has 'disappointed us' over Ukraine

The Russian Orthodox Church has let Christian Orthodox fathers down by supporting Moscow's invasion of Ukraine, Ecumenical Patriarch Bartholomew, the spiritual head of some 260 million Orthodox Christians worldwide, said in an interview.

The Independent UK

Products will increase in price as blockade prevents access to Ukraine ports

The Ministry of Defence said “significant supplies of Ukrainian grain remain in storage” and are unable to be exported.

The Independent UK

Davos gathering overshadowed by global economic worries

The risks to the global economy are leading to an increasingly gloomy view of the months ahead as corporate leaders, government officials and other VIPs gather at the World Economic Forum meeting in Davos, Switzerland

Al Jazeera

Russia-Ukraine war: List of key events, day 91

As the Russia-Ukraine war enters its 91st day, we take a look at the main developments.

Asharq Al-Awsat

Nike Not Renewing Franchise Agreements in Russia, Says Newspaper

US sportswear maker Nike has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major US brand since Russian forces entered Ukraine. Nike said on March 3 it would temporarily suspend operations at all its Nike-owned and -operated…

France 24

Davos 2022: Will war in Ukraine derail international investment?

The war in Ukraine, supply chain problems, inflation, and labour shortages have been dominating the agenda at the World Economic Forum in Davos, where business and political leaders pitch investment and global collaborations. FRANCE 24 Business Editor Kate Moody has been speaking to Martin Shanahan, CEO of IDA Ireland, about…

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