Nearly a third of foreign retailers have left Russia following Western sanctions over the conflict in Ukraine, Russian daily Izvestia reported on Thursday. A total of 27% of companies that leased premises in shopping centers decided to terminate their activities in Russia, consulting company CORE.XP (formerly CBRE) told Izvestia. A further 51% of foreign brands…

Inflation in the UK will reach “astronomical” levels next year, and households will continue struggling amid the ongoing cost-of-living crisis, The Guardian newspaper reported on Wednesday, quoting a leading think tank.

The People’s Liberation Army has launched major war games following a high-level US trip to Taiwan The Chinese military has begun a large round of military drills near the island of Taiwan, state media reported, making a show of force in retaliation to a recent visit by US House Speaker Nancy Pelosi.