Russia has launched NashStore, its answer to Google Play. The platform was designed with the help of 700 Russian companies, and is intended to help circumvent sanctions. But it only offers a thousand apps at present, and has to be downloaded online.
Ukraine’s advance in the north-east is an impressive turnaround after Russian troops had attempted a siege on Kharkiv for two months.
Turkish president doubles down on opposing Nordic nations’ applications to join defence alliance.
The UK has added Russia’s President Vladimir Putin's ex-wife, cousins and alleged “girlfriend” Alina Kabaeva to the sanctions for Russia’s military invasion of Ukraine, according to the announcement of Foreign Secretary Liz Truss on May 13.
French carmaker Renault will sell its 68% stake in Russia's biggest car manufacturer to the Russian government. Russian officials hail the acquisition as a way of protecting jobs, and plan to revive Soviet brand "Moskvitch" at the facility.
McDonald's is reportedly planning to re-open under a new brand in Russia as soon as June.
Serbia is missing out on investments because of its stance, President Aleksandar Vucic says, but stands by decision not to join sanctions on its old ally.
Two state-controlled energy companies in Romania — Romgaz and Nuclearelectrica — boasted record profits in the first quarter of this year helped by the high natural gas and electricity prices.
Moldovan officials believe leaders in Transnistria don't want to become involved in the Ukraine war that would further devastate the region's economy, despite a strong pro-war faction.
The Paldiski terminal is expected to receive LNG from a floating terminal, ending Estonia's 80% dependence on Russian gas.
Demonstrators protest against the lack of investigation into the attacks on government critics and journalists.
Unrest, however, does not appear to have reached Tehran. Government may be in difficulties with its subsidy reform.
Kremlin spokesman Dmitry Peskov has rejected a Finnish media report that Russia is preparing to cut gas flow to the Nordic country over its decision to apply to join Nato.
Turkish leader says Nordic countries are “home to many terrorist organisations”. Position may anger Western nations that have tolerated Ankara’s decision not to impose war sanctions on Moscow.
The Port of Alexandroupolis' privatisation comes at a time when it has assumed greater strategic importance for the US military.
OEMs have asked manufacturers of cable harnesses to move to safer locations, such as Morocco and Tunisia.
EBRD President Odile Renaud-Basso says it is focused on pouring help into Ukraine, but thoughts are already turning to the eventual reconstruction of the country.
Should Siemens indeed pull out of Russia for good, it is unclear whether alternatives to Siemens gas turbines will be provided by domestic players.
Development bank and Kyiv agree to repurpose part of an existing loan to electricity transmission company Ukrenergo to provide €50mn of emergency liquidity.
Maria Alyokhina, who was banned from leaving Moscow, says she fled dressed as a meal delivery courier.