Ukrainian forces retake control of town of Irpin
The mayor of Irpin, near Kyiv, said on Monday Ukrainian forces had seized back full control of the town which has been one of the main hotspots of fighting with Russian troops near the capital. “We have good news today - Irpin has been liberated,” Mayor Oleksandr Markushyn said in a video post on Telegram. “We understand that there will be more attacks on our town and we will defend it courageously.”
Italian Prime Minister Mario Draghi on Monday discussed the latest developments of the war in Ukraine with its president Zelenskiy and reiterated Rome's support for the Ukrainian authorities and people, Draghi's office said.
Carlsberg, Heineken to exit Russia as brewers pull back
Carlsberg, the largest brewer in Russia, and rival Heineken NV plan to sell their local businesses and exit the country as brewers pull back from Russia. The Dutch brewer said Monday it doesn’t expect any profit from the sale. Carlsberg only hours later said it had taken “the difficult and immediate decision” to do the same and leave Russia, where it makes 13 per cent of its revenue.
The shares surged as much as 8.3 per cent. Brewers are the latest industry to abandon Russia, following in the footsteps of oil companies and cigarette makers.
Abu Dhabi fund Mubadala pauses Russian investments
Abu Dhabi sovereign wealth fund Mubadala Investment Co. will avoid investing in Russia for now, a sign that the war in Ukraine is complicating ties between Moscow and the UAE.
“Obviously, in this environment, we have to pause investment in this market in Russia,” Mubadala Investment Chief Executive Officer Khaldoon Al Mubarak told an investment conference in Dubai. “Pause and wait to see how the situation settles.” Mubadala is the first sovereign wealth fund from the Middle East to offer public comments on the war.
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