DIRS.INFO The most relevant business & tech news

☆ Russia has lost more than 2,200 tanks in Ukraine, and it may be reaching the limit of its ability to 'rebuild' older ones
▼ + stars: | 2023-08-21 | by ( David Hambling | ) www.businessinsider.com time to read: +10 min

Russia has lost more than 2,200 main battle tanks since invading Ukraine in February last year. Russian storage depots are deep, but they don't have an unlimited supply of armor to throw into a new fight. In fact, Russia is rebuilding tanks rather than building them, and their capacity to do so may be reaching its limit. Russia has vast stockpiles of old tanks, from T-90s barely 20 years old to rusting T-62s from the 1960s. More importantly, Russia's supply of old tanks for rebuilding is showing signs of running down.

Persons: Alexander Zemlianichenko, Stalin, UVZ, Sergio Miller, Abrams, ANATOLII STEPANOV, Shoigu, Putin's, Dmitry Medvedev, OLGA MALTSEVA, Jakub Janovsky, Medvedev, Nobody, Putin, David Hambling Organizations: Service, Russia, Victory Day, AP, Stalin Ural Tank, British Army, Sierra Army, Omsk Transport Machine Factory, —, Getty, Defence, Moscow Times, Chelyabinsk Tractor Plant, Aviation, Forbes, The, New, Popular Mechanics, WIRED Locations: Russia, Ukraine, Wall, Silicon, AP Russia, Nizhny Tagil, Moscow, Stalin Ural, Doyle , California, Omsk, St Petersburg, Siberia, Venezuela, Vietnam, Nicaragua, Russian, Rostov, Izyum, AFP, OmskTransMash, Laos, St . Petersburg, Buryatia, Mongolia, Urals, USSR, Germany, Kremlin, London

[1/2] China's President Xi Jinping takes his seat at the first closed session of the leaders of the BRICS summit meeting in Johannesburg, South Africa, July 26, 2018. China's interactions with African leaders will follow last month's Russia-Africa summit in St Petersburg, where Russian President Vladimir Putin held court with the 17 African heads of state who attended out of the 54 African countries invited. Chen said Xi and African leaders will draw up a blueprint for cooperation to create jobs and improve livelihoods in Africa. It is not clear yet how many heads of state will attend the Aug. 22-24 BRICS summit, but South African officials said more than 70 had been invited. Between 2000 and 2020, Chinese lenders, mostly state-owned banks, agreed to lend $160 billion to African countries, according to Boston University, and Chinese companies have also invested heavily in mining on the continent.

Persons: Xi Jinping, Gianluigi, Chen Xiaodong, Xi, Cyril Ramaphosa, Vladimir Putin, Chen, Macky Sall, Azali Assoumani, Carien du Plessis, Rachel Savage, Tomasz Janowski Organizations: Rights, Forum for China Africa Cooperation, Union, Boston University, Thomson Locations: Johannesburg, South Africa, Rights PRETORIA, China, Africa, Brazil, Russia, India, South, Pretoria, St Petersburg, Comoros

Putin emphasized that an “exclusively peaceful political and diplomatic means,” was important in resolving the ongoing situation, the statement said. Putin also mentioned the situation in the Sahara-Sahel region while speaking in a pre-recorded message at Tuesday’s Moscow Conference on International Security (MCIS). Mali’s interim president Goita also reiterated Putin’s call for “a peaceful resolution” in Niger. “He (Putin) stressed the importance of a peaceful resolution of the situation for a more stable Sahel,” Goita said on social media platform X, formerly known as Twitter. Mali hosted a large delegation of officials from the Niger junta in early August, signaling a potential partnership between the Niger junta and Wagner mercenary group.

Persons: Vladimir Putin, Assimi, Republic of Mali Assimi, ”, Putin, Mohamed Bazoum’s, ” Putin, Goita, Wagner, Yevgeny Prigozhin Organizations: CNN, Kremlin, West, Tuesday’s Moscow Conference, International Security, Central African, Twitter, UN, African, Niger Locations: Niger, West, “, Malian, Republic of Mali, Sahara, Russian, Russia, Africa, St Petersburg, Central African Republic, Mali, Libya, Libyan, African Union, Burkina Faso

☆ Gazprom subsidiary files $472-million lawsuit against UniCredit in Russia
▼ + stars: | 2023-08-07 | by ( ) www.reuters.com time to read: +1 min

Unicredit Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File PhotoMOSCOW, Aug 7 (Reuters) - RusKhimAlyans, 50%-owned by Russian gas giant Gazprom (GAZP.MM), has filed a lawsuit seeking 45.7 billion roubles ($472 million) from Italy's UniCredit [RIC:RIC:UCCDB.UL], a guarantor of a project held up by EU sanctions, Russian court documents show. The court documents were filed at the Court of Arbitration of St Petersburg and the Leningrad Region. In January, the same court ordered nearly $500 million of assets belonging to Linde , to be frozen at RusKhimAlyans's request. ($1 = 96.8150 roubles)Reporting by Elena Fabrichnaya; Writing by Alexander Marrow; Editing by Kevin LiffeyOur Standards: The Thomson Reuters Trust Principles.

Persons: Dado Ruvic, Linde, Elena Fabrichnaya, Alexander Marrow, Kevin Liffey Organizations: REUTERS, Gazprom, Deutsche Bank, Linde, Industries, Ust, Thomson Locations: Petersburg, Leningrad Region, Baltic, Ust, Russia, Ukraine

☆ Saudi’s MBS wants more than peace at his Ukraine summit
▼ + stars: | 2023-08-04 | by ( Nic Robertson | ) edition.cnn.com time to read: +7 min

“Our goal in Saudi Arabia is to develop a unified vision of the formula and to work out the possibilities of holding the future Global Peace Summit,” they said, referring to Ukraine’s peace plan. That summit produced no major headlines, nor a discernable drift to Ukraine’s prerequisite for peace that Russian troops exit Ukraine. Like the roads that led to Rome in its day, Saudi Arabia is increasingly at the confluence of competing global interests. In spring this year, Saudi Arabia and China announced a confidence-building peace plan with Iran to repair their hostile relationship. All of this of course is way outside the scope of the Jeddah peace summit and Russia’s unprovoked war of aggression in Ukraine.

Persons: Prince Mohammed bin Salman, ”, “, Jake Sullivan, Biden, Xi, Putin, It’s, Volodymyr Zelensky’s Organizations: CNN, Saudi, MBS, Peace, National, CNN US State Department, Danes, NATO, African Union Locations: Jeddah, stewing, Ukraine, Russia ”, India, Saudi Arabia, Moscow, ”, Kyiv, Denmark, Rome, Yemen, China, Iran, Russia, Washington, Saudi, Gulf, Israel, Europe, Africa, St Petersburg, Ukrainian

☆ Russia's Prigozhin says Wagner is not recruiting now, may do so in future
▼ + stars: | 2023-07-31 | by ( ) www.reuters.com time to read: +2 min

July 31 (Reuters) - Russian mercenary chief Yevgeny Prigozhin said in a voice message published on Monday that his Wagner group was not currently recruiting fighters but was likely to do so in future. After the June mutiny, the Kremlin said Wagner fighters who had not taken part would transfer to the regular army, signing contracts with the Defence Ministry. Apparently alluding to this, Prigozhin said in the voice message that "unfortunately" some of his fighters had moved to other "power structures", but he said they were looking to return. Since the mutiny, some Wagner fighters have moved to Belarus and started training its army. In comments published last week, Prigozhin also said Wagner was ready to further increase its presence in Africa.

Persons: Yevgeny Prigozhin, Wagner, Prigozhin, Putin, Vladimir Putin, Prigozhin's, Mark Trevelyan, Philippa Fletcher Organizations: Kremlin, Grey, Telegram, Defence Ministry, Central African, United, Thomson Locations: Ukraine, Belarus, St Petersburg, Russia, Africa, Mali, Central, Central African Republic, United States, Niger

☆ Pope urges Russian 'brothers' to restore Black Sea grain deal
▼ + stars: | 2023-07-30 | by ( Alvise Armellini | ) www.reuters.com time to read: +2 min

VATICAN CITY, July 30 (Reuters) - Pope Francis on Sunday called on Russia to reverse its decision to abandon the Black Sea grain deal, under which it had allowed Ukraine to export grain from its seaports despite the ongoing war. "I appeal to my brothers, the authorities of the Russian Federation, so that the Black Sea initiative may be resumed and grain may be transported safely," Francis said during his weekly Angelus message. Global wheat prices have spiked since Russia on July 17 quit the pact, which was brokered by the United Nations and Turkey in July 2022, and began targeting Ukrainian ports and grain infrastructure on the Black Sea and Danube River. Addressing crowds in St Peter's Square, the pope urged the faithful to continue praying "for martyred Ukraine, where war is destroying everything, even grain," calling this "a grave insult to God." Russia walked out of the Black Sea deal after saying its demands to ease sanctions on its own grain and fertilizer exports had not been met.

Persons: Pope Francis, Francis, Angelus, Vladimir Putin, Azali Assoumani, Cardinal Matteo Zuppi, Zuppi, Alvise Armellini, Angus MacSwan, Susan Fenton Organizations: CITY, Russian Federation, United, African Union, Thomson Locations: Russia, Ukraine, United Nations, Turkey, St Peter's, Moscow, Africa, Kyiv, Washington

☆ Putin reviews show of Russian naval might
▼ + stars: | 2023-07-30 | by ( ) www.reuters.com time to read: +1 min

[1/3] Russia's President Vladimir Putin speaks during a press conference following the Russia-Africa summit in Saint Petersburg, Russia, July 29, 2023. Sergei Bobylyov/TASS Host Photo Agency via REUTERSMOSCOW, July 30 (Reuters) - President Vladimir Putin reviewed a parade of warships and nuclear submarines in his native St Petersburg on Sunday and announced that the Russian Navy would receive 30 new ships this year. "Today, Russia is confidently implementing the large-scale tasks of our national maritime policy and is consistently building up the strength of our Navy," said Putin. "This year alone, 30 ships of different classes are being added to the fleet," he said. They were invited after a Russia-Africa summit in St Petersburg which concluded on Friday at which delegates discussed grain supplies and potential peace talks on Ukraine.

Persons: Vladimir Putin, Sergei Bobylyov, Putin, Sergei Shoigu, Nikolai Yevmenov, Andrew Osborn Organizations: Agency, REUTERS, St, Sunday, Russian Navy, Navy, Defence, Russia, Reuters, Thomson Locations: Russia, Africa, Saint Petersburg, REUTERS MOSCOW, St Petersburg, Russia's, Gulf of Finland, Ukraine

☆ Putin says Russia does not reject talks with Ukraine
▼ + stars: | 2023-07-29 | by ( ) www.reuters.com time to read: +1 min

[1/2] Russia's President Vladimir Putin gestures during a press conference following the Russia-Africa summit in Saint Petersburg, Russia, July 29, 2023. Sergei Bobylyov/TASS Host Photo Agency via REUTERSJuly 29 (Reuters) - Russian President Vladimir Putin said on Saturday that an African initiative could be a basis for peace in Ukraine but that Ukrainian attacks made it hard to realise. "There are provisions of this peace initiative that are being implemented," he said. Putin said that one of the points in the initiative was a ceasefire. On the question of starting peace talks, he said, "We did not reject them...

Persons: Vladimir Putin, Sergei Bobylyov, Putin, Volodymyr Zelenskiy, Alistair Bell Organizations: Agency, REUTERS, Reuters, Thomson Locations: Russia, Africa, Saint Petersburg, Ukraine, St Petersburg, Moscow

☆ Russia's world champion beach footballers pining for international return
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +3 min

[1/11] Russian national beach football team's forward Fedor Zemskov attempts a bicycle kick during a practice session, at a training camp, held ahead of the Nations Cup 2023 four-team international tournament in Moscow, Russia, July 18, 2023. That applies to beach football too and, while the ban is clearly negative for Russia, captain Anton Shkarin believes the wider game has also suffered. "When you disconnect a national team such as ours, the class falls immediately," he told Reuters at a training session in Moscow. "We communicate well with the guys from Europe who play and everyone is upset that we're banned." Reporting by Alexey Petrov; Writing by Alexander Marrow; Editing by Ken FerrisOur Standards: The Thomson Reuters Trust Principles.

Persons: Fedor Zemskov, Maxim, Anton Shkarin, we're, Mikhail Likhachev, Stanislav Kosharnyi, Alexey Petrov, Alexander Marrow, Ken Ferris Organizations: Nations, REUTERS, soccer, UEFA, FIFA, Reuters, United Arab Emirates, Games, Thomson Locations: Russian, Moscow, Russia, Ukraine MOSCOW, Ukraine, Europe, St Petersburg, Iran, Senegal, Belarus, Brazil, India, China, South Africa

☆ African Union chair: Putin's grain offer not enough, Ukraine ceasefire needed
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +2 min

July 28 (Reuters) - The chair of the African Union, Azali Assoumani, said on Friday that proposals by Russian President Vladimir Putin to provide grain to Africa were not sufficient, and that a ceasefire in Ukraine was needed. Putin had told the African leaders that Russia was ready to supply Africa with grain, some of it for free, after refusing last week to extend the Black Sea grain initiative, which had permitted Ukraine to export grain safely from its seaports despite the war. That, and Russia's subsequent bombing of Ukrainian grain export facilities and stores, has sent the global price of grain soaring. "The President of Russia demonstrated that he is ready help us in the field of grain supply," Assoumani said. "President Putin has shown us that he is ready to engage in dialogue and find a solution," he added.

Persons: Azali Assoumani, Vladimir Putin, Putin, Assoumani, Volodymyr Zelenskiy, Kevin Liffey, Louise Heavens, Kirsten Donovan Organizations: African Union, Reuters, Thomson Locations: Russian, Africa, Ukraine, Russia, St Petersburg, Kyiv

☆ Animal rights campaigners urge Pope Francis to denounce bullfighting
▼ + stars: | 2023-07-28 | by ( ) www.reuters.com time to read: +1 min

[1/2] Activists from the animal rights group PETA (People for the Ethical Treatment of Animals) protest against bullfighting near Vatican, in Rome, Italy, July 28, 2023. REUTERS/Antonio DentiVATICAN CITY, July 28 (Reuters) - A group of animal rights activists gathered near the Vatican on Friday dressed in red capes and fake horns to urge Pope Francis to denounce what they see as the barbaric practice of bullfighting. "Catholic Church: Silence is Violence! Denounce bullfighting," read a banner held up by the activists near the ancient Roman Castel Sant'Angelo fortress on the banks of the River Tiber, in view of St Peter's Basilica. Since bullfighting events "are often held in honour of Catholic saints or during holy Christian celebrations, the Catholic Church can and must help end this abuse by publicly condemning bull torture in the name of religion," animal rights group PETA said in a statement.

Persons: Antonio Denti, Pope Francis, Castel, Pope Pius V, Alvise, Peter Graff Organizations: PETA, REUTERS, CITY, Catholic, Roman Catholic Church, PETA Italy, Reuters, Thomson Locations: Vatican, Rome, Italy, Castel Sant'Angelo, Peter's

"What happened in Niger is nothing other than the struggle of the people of Niger with their colonisers. It was unclear who was in charge of Niger after soldiers on Wednesday evening declared a military coup and held President Mohamed Bazoum in the presidential palace. Prigozhin, in his voice message, boasted of Wagner's alleged efficiency in helping African nations stabilise and develop in what sounded like a sales pitch. "...Thousands of Wagner fighters are capable of bringing order and of destroying terrorists and of not allowing them to harm the local populations of these states," he said. Reporting by Andrew Osborn Additional reporting by Milan Pavicic Editing by Philippa FletcherOur Standards: The Thomson Reuters Trust Principles.

Persons: Wagner, Yevgeny Prigozhin, Prigozhin, colonisers, Mohamed Bazoum, Putin, Sergei Lavrov, it's, Andrew Osborn, Milan, Philippa Fletcher Organizations: Reuters, Wednesday, Central African Republic, Kremlin, Analysts, PMC, U.S, CSIS, Thomson Locations: Niger, St Petersburg, MOSCOW, Russian, Western, Africa, France, Central African, Belarus, Russia, Moscow

And it can only end on the basis of justice and reason," African Union Commission Chairman Moussa Faki Mahamat told Putin and African leaders in St Petersburg. Putin gave it a polite but cool reception when African leaders presented it to him last month. Putin responded by arguing, as he has in the past, that rising world food prices were a consequence of Western policy mistakes long predating the Ukraine war. On Thursday, he promised to deliver free Russian grain in the next several months to six of the countries attending the summit. Mali's Assimi Goita told Putin: "You have shown pragmatism and realism in efforts to reach agreement with Ukraine."

Persons: Putin, Vladimir Putin, Moussa Faki Mahamat, Denis Sassou Nguesso, Macky Sall, Cyril Ramaphosa, Pavel Bednyakov, Volodymyr Zelenskiy, Abdel Fattah al, Sisi, Russia's Wagner, Faustin Archange Touadera, Assimi Goita, Kevin Liffey, Joe Bavier, Alexander Winning, Angus MacSwan Organizations: Kremlin, Union, Reuters, South, Sputnik, Central African, CAR, Thomson Locations: Ukraine, Moscow, Russia, St Petersburg, Russian, Belarus, Congo, Europe, Kyiv, Africa, Saint Petersburg, Ukrainian, Western, Mali, Central, Central African Republic

CNN —A summit between Russian President Vladimir Putin and African leaders began in St. Petersburg on Thursday, with a far lower turnout than previous years. Just 17 heads of African states are attending this year, the Kremlin has confirmed, less than half of the 43 heads of state that attended the 2019 conference. And some African politicians – further than simply not attending the summit – have expressed grave concerns about Russia’s war of aggression on Ukraine. Putin makes free grain pledgeThe African states being represented at the St. Petersburg summit will be keen to sway Russia into rejoining the grain deal, and Putin has courted African leaders for years in a deliberate effort to broaden Moscow’s global influence. Russia’s Wagner mercenaries have also been deployed in some African states.

Persons: Vladimir Putin, William Ruto, –, “, ”, Raila Odinga, ” Odinga, Putin, Russia’s Wagner, ” Putin, Sergei Lavrov, Cyril Ramaphosa’s, Maria Lvova Organizations: CNN, Kremlin, Kenyan, Putin, Russian, ”, Criminal Court, ICC Locations: St . Petersburg, United States, Moscow, Africa, Russia, Ukraine, St, Petersburg, Russian, Johannesburg, South Africa, Rome, Hague

☆ Somalia says Russia grants relief on debt worth $684 million
▼ + stars: | 2023-07-27 | by ( ) www.reuters.com time to read: +2 min

MOGADISHU, July 27 (Reuters) - Russia has granted debt relief on over $684 million owed by Somalia in a deal finalised on the sidelines of a Russia-Africa summit in St Petersburg, officials from the Horn of Africa nation said. Emerging from decades of civil war, Somalia is seeking to secure sweeping external debt relief under the International Monetary Fund (IMF) and World Bank's Heavily Indebted Poor Countries (HIPC) Initiative. The agreement signed on Wednesday between Egeh and Russian deputy finance minister Timur Maksimov concerned Paris Club loans, Somali Deputy Prime Minister Salah Ahmed Jama told Russian state news agency RIA Novosti. Somalia owed Moscow nearly $695 million in 2019, according to the IMF. Reporting by Hereward Holland, Abdi Sheikh and Rachel Savage; editing by Joe Bavier and Mark HeinrichOur Standards: The Thomson Reuters Trust Principles.

Persons: Bihi Egeh, Timur Maksimov, Salah Ahmed Jama, Jama, Vladimir Putin, Putin, pare, Hereward Holland, Abdi Sheikh, Rachel Savage, Joe Bavier, Mark Heinrich Our Organizations: International Monetary Fund, Somali Finance, Moscow, Paris Club, RIA Novosti, African, IMF, Thomson Locations: MOGADISHU, Russia, Somalia, Africa, St Petersburg, Horn of Africa, Egeh, Paris, Russian, Moscow, Ukraine

"We will be ready to provide Burkina Faso, Zimbabwe, Mali, Somalia, Central African Republic and Eritrea with 25-50,000 tonnes of free grain each in the next 3-4 months," Putin told the summit, whose participants applauded. Last year, Russia exported a total of 60 million tonnes of grain, of which 48 million tonnes was wheat, Putin said. He said Western sanctions, imposed in response to Russia's war in Ukraine, which Moscow calls a "special military operation", had even prevented Russia from supplying free fertiliser to poor nations. On the one hand, Western countries are obstructing supplies of our grain and fertilisers, while on the other they hypocritically blame us for the current crisis situation on the world food market," said Putin. Visiting dignitaries were also invited to visit Russia's imperial palaces or watch a gala match between Russian and African "football legends".

Persons: Vladimir Putin, Putin, Russia's, U.N, Antonio Guterres, PUTIN, Azali Assoumani, Mark Trevelyan, Kevin Liffey Organizations: Thursday, WEST Putin, European Union, Union, Kremlin, Reuters, Thomson Locations: Russia, Africa, Moscow, MOSCOW, St Petersburg, Russian, Burkina Faso, Zimbabwe, Mali, Somalia, Central African Republic, Eritrea, Ukraine, Sudan, United States, France, African

[1/2] The logo of Chipotle is seen on one of their restaurants in Manhattan, New York City, U.S., February 7, 2022. REUTERS/Andrew Kelly/File PhotoJuly 26 (Reuters) - Chipotle Mexican Grill (CMG.N) missed Wall Street estimates for quarterly sales on Wednesday as a pause in months-long price hikes hurt its top line, sending the company's shares down nearly 9% in extended trading. California-based Chipotle also projected current-quarter comparable sales to grow in the low- to mid-single-digit range, while analysts on average expected a 6.01% increase. Like other restaurants, Chipotle has hiked menu prices to offset the impact of higher input costs of everything from beef to potatoes. Chipotle was not seeing any weakness in the lower-income consumer despite high inflation, CEO Brian Niccol said in a post-earnings call.

Persons: Andrew Kelly, Chipotle, Brian Niccol, Scott Boatwright, Peter Saleh, Sante Faustini, Deborah Sophia, Devika Organizations: REUTERS, Intelligence, Science, Thomson Locations: Manhattan , New York City, U.S, California, Bengaluru, Kailyn Rhone, New York

☆ What can we expect from the Russia-Africa summit?
▼ + stars: | 2023-07-26 | by ( Reuters Editorial | ) www.reuters.com time to read: 1 min

PoliticsWhat can we expect from the Russia-Africa summit? PostedRussian President Vladimir Putin is hosting African leaders for a summit in St Petersburg from Thursday, against the backdrop of war in Ukraine and Moscow withdrawing from the Black Sea grain agreement. Rachel Faber has more.

Persons: Vladimir Putin, Rachel Faber Locations: Russia, Africa, St Petersburg, Ukraine, Moscow

Chicago wheat futures , a benchmark of global prices, have risen around 20% since Russia ended the deal on July 17. It's absolutely an important national security issue for a lot of these African countries," he said. Putin says Russia is expecting a record harvest this year and is ready to fill the gap for African countries by supplying grain both commercially and for free. Dizolele said, noting that Russia backed African countries at the U.N., had defence and security agreements with some of them and gave scholarships to their students. But Putin's response, when Ramaphosa and other African leaders presented the proposal to him last month, was to repeat a familiar list of accusations against Ukraine and the West.

Persons: Anton Vaganov, Putin, Wagner, Vladimir Putin, Mvemba Dizolele, Samuel Ramani, RUSI, Dizolele, WAGNER, Cyril Ramaphosa, Ramani, Mark Trevelyan, Joe Bavier, Carien du, Tom Balmforth, Michelle Nichols, Philippa Fletcher Organizations: Saint, REUTERS, Putin, Kremlin, U.S, Africa, Washington -, Strategic, International Studies, International Criminal Court, Treasury, Central African, Ukraine, South, United Nations, Thomson Locations: Russia, Africa, Saint Isaac's, central Saint Petersburg, Black, Russian, St Petersburg, Ukraine, Chicago, Washington, Turkey, Qatar, Moscow, United States, Kenya, Somalia, Central African Republic, Mali, Burkina Faso, Ghana, West, London, Johannesburg, Carien du Plessis

[1/2] Russian President Vladimir Putin and Belarusian President Alexander Lukashenko meet people outside the Naval Cathedral of St. Nicholas in Kronstadt near Saint Petersburg, Russia July 23, 2023. Sputnik/Alexander Demyanchuk/Pool via REUTERSJuly 23 (Reuters) - Russian President Vladimir Putin said Ukraine's counteroffensive "has failed" as he hosted Belarusian leader Alexander Lukashenko, his close ally, for talks in St Petersburg on Sunday. "There is no counteroffensive," Russian news agencies quoted Lukashenko as saying. Ukraine began its long-anticipated counter-offensive last month but has so far made only small gains against well entrenched Russian forces who control more than a sixth of its territory after nearly 17 months of war. Putin, in response, warned Poland on Friday that any aggression against Belarus would be considered an attack on Russia.

Persons: Vladimir Putin, Alexander Lukashenko, Nicholas, Alexander Demyanchuk, Lukashenko, Putin, Mark Milley, Russia's Wagner, Wagner, Mark Trevelyan, Felix Light, Hugh Lawson Organizations: Belarusian, Naval, Sputnik, REUTERS, U.S, Joint Chiefs of Staff, Telegram, NATO, Thomson Locations: St, Kronstadt, Saint Petersburg, Russia, St Petersburg, Russian, Ukraine, Poland, Warsaw, Rzeszow, Belarusian, Polish, Belarus, Moscow, Minsk, West

Russia's gas, in contrast to its oil, is not subject to Western sanctions, although Brussels is considering extending its embargo on Russian fuel. Gazprom's gas exports, mainly to Europe, almost halved last year because of the political crisis over Ukraine and after undersea Nord Stream pipelines were damaged by unexplained blasts last September. Timchenko had long challenged Gazprom's monopoly on Russian gas exports, saying in 2012 that Europeans wanted to have an alternative to Gazprom. "I believe that Gazprom Export's marketing campaign led to its European share decrease ... Liquefied natural gas has already come to the market. In essence, a new, cheaper gas market is emerging; one has to see such things," Timchenko told the Forbes magazine in 2012.

Persons: Maxim Shemetov, Russia's, Ronald Smith of, Novatek, Vladimir Putin, Alexei Miller, Putin, Miller, Gennady Timchenko, Timchenko, Oksana Kobzeva, Vladimir Soldatkin, Barbara Lewis Organizations: Gazprom, REUTERS, Stream, EU, Kremlin, European Union, Novatek, BCS, Forbes, Thomson Locations: Russia, Europe, MOSCOW, Ukraine, Brussels, Siberia, LNG, Ronald Smith of Moscow, Germany, Italy, Soviet, St Petersburg, Moscow, Russian

☆ Ex-McDonald's in Russia feeds waste cooking oil to fuel Gazprom Neft's vessels
▼ + stars: | 2023-07-20 | by ( ) www.reuters.com time to read: +2 min

ST PETERSBURG, Russia, July 20 (Reuters) - Russia's successor to McDonald's has teamed up with energy company Gazprom Neft (SIBN.MM) to fuel marine vessels with biofuel produced using waste cooking oil an effort to lower their carbon footprints, the companies said on Thursday. Russia has said it was still committed to its climate targets despite the deepest political rift with the West in decades. It said the new fuel is in compliance with technical regulations and can be used for most sea and river vessels. Vkusno & tochka already supplies waste cooking oil for production of biofuel used for heating of electric-powered buses in Moscow and has been recycling used cooking oil for over a decade. Irina Korshunova, in charge of sustainable development at Vkusno & tochka, said the company processes around 5,500 tonnes of waste cooking oil each year.

Persons: McDonald's, Gazprom Neft Marin Bunker, Anton Soboled, Irina Korshunova, Olesya Astakhova, Vladimir Soldatkin, Alexander Marrow, Angus MacSwan Organizations: Gazprom Neft, Biofuels, Gazprom Neft's, Thomson Locations: PETERSBURG, Russia, Baltic, St . Petersburg, McDonald's, Ukraine, Moscow

IMPORTED ASSEMBLY KITSAfter a chaotic decade following the collapse of the Soviet Union in 1991, Russia encouraged Western carmakers to build factories. "Undoubtedly, the expansion of Chinese carmakers on the Russian market will continue," said Andrey Olkhovsky, the head of dealership chain Avtodom. It is a radical change of fortunes for Chinese carmakers in Russia. Production of Chinese vehicles only began in Russia in 2019 with the arrival of Chinese automotive company Great Wall Motor (601633.SS). LESS LOCAL INPUTUnder the partnership with Chinese firms, less of the production at former Western factories is currently conducted in Russia, the sources said.

Persons: Jetour, Maxim Shemetov, Moscow's, Sergei Sobyanin, French carmaker, JAC, Sehol, Moskvich, capitalising, Vladimir Bespalov, Vladimir Putin, Andrey Olkhovsky, Olkhovsky, Wall, Sollers, Avtovaz, Denis Manturov, Gleb Stolyarov, Alexander Marrow, Zhang Yan, Daniel Flynn Organizations: REUTERS, French, French carmaker Renault, Moscow Automobile Factory, JAC Motors, Reuters, Renault, Nissan, Russia's Industry, Trade Ministry, Wall, Chery, Geely, HK, Argo, Ford Transit, Nissan's St, Lada, China's FAW Group's, FAW, Western, Trade, Thomson Locations: Lyubertsy, Moscow Region, Russia, Soviet, Moscow, Anhui, Ukraine, Soviet Union, Western, Tula, Autostat, Tatarstan, Nissan's, Nissan's St Petersburg, St Petersburg, Leningrad, Japan, Europe, China, Shanghai

According to a decree signed by Putin on Sunday, the Russian state had taken control of Danone's Russian subsidiary along with beer company Carlsberg's (CARLb.CO) stake in a brewer. Yakub Zakriev, 32, a deputy prime minister of Chechnya and the republic's agriculture minister, took the post of general director of Danone Russia on Tuesday, Interfax's SPARK database of company disclosure documents in Russia showed. "Choosing him as general director of Danone Russia shows that representatives of the team of Chechen President and Hero of Russia Ramzan Akhmatovich Kadyrov are talented and successful managers," Dudayev said on his Telegram messaging app. Kadyrov, a close ally of Putin, has referred on social media to Zakriev as his "dear nephew". Danone sought alliances with big local players during the boom years, eventually gaining at least a fifth of Russia's dairy market.

Persons: Kadyrov, Danone Russia Kovalchuk, Carlsberg, Ramzan Kadyrov, Vladimir Putin, Putin, Yakub Zakriev, Akhmed Dudayev, of Russia Ramzan Akhmatovich Kadyrov, Dudayev, Zakriev, Zulai, Akhmad Kadyrov, Kadyrov's, Danone, Yuri, Mikhail Kovalchuk, Bolloev, Guy Faulconbridge, Lidia Kelly, Shubhendu, Stephen Coates, Angus MacSwan Organizations: Danone Russia, Danone, Kremlin, Sunday, Chechen, Moscow State University, Cuban Missile, Soviet, Financial Times, Shubhendu Deshmukh, Thomson Locations: MOSCOW, Russia, Ukraine, Russian, Chechnya, Grozny, Paris, Red, Soviet Union, United States, China, Baltika, St Petersburg, Moscow, Melbourne, Bengaluru

Search resuls for: "St Pete"

25 mentions found