Fashion retailer Hugo Boss is ending its presence in Russia after agreeing a deal to sell its business in the country to wholesale partner Stockmann - two years on from suspending operations there.
Hugo Boss leaves Russia as fashion giant agrees deal to sell
British-German commitment to Ukraine 'good news' for Kyiv
Rishi Sunak and his German counterpart Olaf Scholz have agreed to support Ukraine for as long as it takes in the war against Russia, in what the British prime minister described as a dangerous moment in history.
In the past hour, the two leaders held a joint news conference, with Mr Sunak saying Germany and the UK's relationship is stronger than ever.
It comes a day after the prime minister announced UK defence spending will rise to 2.5% of GDP by 2030 - though he stopped short today of saying NATO's defence spending target should increase to the same proportion.
"The key thing is we're united on wanting to support Ukraine for as long as it takes so that Putin is seeing that his aggression will end in failure," Mr Sunak said this afternoon in Berlin.
Ukraine receives €1.5bn - with hopes for another €10bn this year
Ukraine has received a new €1.5bn (£1.29bn) package of financial support from the EU, with hopes of another €10bn later this year.
Finance minister Serhiy Marchenko said the EU, which has provided Ukraine with €31bn, has become the biggest donor of budget financing to Ukraine.
