WORLD

Commission has objections to a joint venture between UPM and Sappi due to competition issues

The European Commission has informed UPM-Kymmene Corporation ('UPM') and Sappi Limited ('Sappi') that their proposed joint venture may restrict competition in the communication paper...

Former Armenian president Kocharyan under corruption investigation

Former Armenian President Robert Kocharyan and his eldest son Sedrak were detained on Tuesday following law enforcement raids on businesses linked to the family,...

Successful Ukrainian drone strikes force Putin to bring back state capitalism principles in Russia

Russian President Vladimir Putin has enacted a decree authorising the government to temporarily assume control of critical infrastructure if private owners fail to adequately...

Hungary files a criminal complaint over COVID-19 ventilator potential fraud

Hungary's Ministry of Foreign Affairs has submitted a criminal complaint to prosecutors over potential fraud related to the previous government's acquisition of ventilators valued...

Kazakhstan’s pro-government party secures victory in parliamentary elections, strengthening presidential authority

Kazakhstan's pro-government Adilet Party has achieved a noteworthy victory in the recent parliamentary election, as officially announced on Monday. This outcome is anticipated to...

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