15:30
Norway sanctions Russia

Norway to impose sanctions on two Russian shipping companies

Norway has listed two Russian fishing companies, Norebo JSC and Murman Seafood, in line with European Union sanctions adopted on 20th May. The Norwegian government stated that the decision supports the country’s broader security policy objectives.

10:25
BRICS

BRICS set to establish multilateral financial guarantee mechanism

The BRICS member countries have reached a new agreement to establish a multilateral financial guarantee mechanism aimed at supporting sustainable development projects, including the energy transition, the expansion of renewable energy, and the strengthening of resilient infrastructure.

15:30
Retailer Shein fined

Shein fined €40M in France for deceptive pricing

Fast fashion retailer Shein has been fined €40 million ($47.17 million) by France’s antitrust watchdog for allegedly having misleading discounts and unclear environmental claims, despite the company’s claim that the issues were fixed a year ago.

15:56
AIIB & Arab Fund

AIIB and the Arab Fund announced strategic partnership

The Asian Infrastructure Investment Bank (AIIB) and the Arab Fund have signed a memorandum of understanding (MoU) to formalize a strategic partnership focused on advancing sustainable infrastructure in shared priority regions.

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