EU Commission officially backs Ukraine as candidate

Kiev has ‘clearly demonstrated’ its determination to live by European values and standards, Commission President, Ursula von der Leyen says The European Commission believes Ukraine should be granted the status of candidate for European Union membership, the chief of the EU’s executive body, Ursula von der Leyen announced on Friday.

792
Like
Save
Richard Branson’s rocket firm axes nearly entire workforce

Virgin Orbit will let go 85% of its staff and cease operations for the foreseeable future, a filing says Richard Branson’s satellite launch company, Virgin Orbit, has revealed it will cut 675 jobs, or almost all of its personnel, after failing to secure funding over a failed mission.

792
Like
Save
Russian banks’ profits could beat 2023 record – central bank

The current year could prove even more profitable for Russian banks than record-breaking 2023, Central Bank Deputy Governor Olga Polyakova said at a conference on Tuesday. Last year, a sharp rise in mortgages as well as consumer and corporate lending resulted in banks posting profits of 3.3 trillion rubles ($35.4 billion), despite Western sanctions on…

792
Like
Save