WORLD

The German DIY retailer OBI will transfer its Russian chain into trust management to be sold later, business daily Vedomosti reported on Tuesday. The decision follows several weeks of an open confrontation between the Russian management of the chain and the parent company. The majority shareholder of the chain – …

Several people have been shot during rush hour in Brooklyn, according to the New York Police Department. Suspicious devices were also reportedly found. At least five people were shot at the 36th Street subway station in Sunset Park during rush hour in Brooklyn on Tuesday morning, local media and law enforcement …

Kiev has gone back on the tentative agreements made between the Ukrainian and Russian negotiating teams in Istanbul in late March, Russian President Vladimir Putin has said. According to Putin, the peace talks have now “returned to a deadlock”.  Ukraine has refused to recognize Crimea as Russian and the Donbass …

Former Liverpool and Scotland star Kenny Dalglish says that Ukraine should be handed automatic entry to the 2026 World Cup which is set to take place in the US, Canada and Mexico, if they are unable to fulfil their current fixture schedule. Ukraine had been due to play Scotland on March …

Prices for natural gas in Europe pushed higher on Tuesday after seven sessions of declines, as Russian supplies via Ukraine are expected to drop. Orders have reportedly decreased to some 68% of the amount that Russian energy giant Gazprom is capable of sending under the current transit contract. Gazprom reiterated …

Russia must be able to respond to challenges in exploring space, President Vladimir Putin has said, adding that the country is going to continue with its lunar program, among other ventures. “We’ll resume the lunar program,” Putin asserted as he visited Vostochny Cosmodrome in Russia’s Far Eastern Amur Region on …

The Russian football authorities will seek compensation in new cases against governing bodies UEFA and FIFA at the Court of Arbitration for Sport (CAS), a Russian media report has claimed. The Russian Football Union (RFU) will ask for financial damages incurred based on sponsorship losses, as well as compensation for …

German media giant Axel Springer announced on Monday it had hired Marina Ovsyannikova, a former video editor for Russia’s Channel One. She gained celebrity in the West after staging a protest, during a live broadcast, against the Russian attack on Ukraine. Ovsyannikova, 43, will be reporting as a freelance journalist …

Bank of Russia Governor Elvira Nabiullina says Russia holds enough yuan and gold in its reserves to limit the impact of Western sanctions – even after Washington and its allies froze half the country’s holdings in dollars and other currencies. The regulator cut the share of dollars in reserves to …

The International Chess Federation (FIDE) won’t require Russian players to speak out against the military operation in Ukraine in order to compete in its events, according to general director Emil Sutovsky.  FIDE is one of the federations that has thus far not followed an International Olympic Committee (IOC) recommendation to …