firms

Kremlin calls UK’s support for Ukraine an endorsement of ‘terrorism’ after recent escalation of weapons supplies.

Russia has stepped up pressure on Ukraine’s allies, summoning Britain’s top diplomat in Moscow over arms shipments to Kyiv and seizing Russian assets of several Western firms.

The Russian Ministry of Foreign Affairs summoned Britain’s charge d’affairs, Danae Dholakia, on Friday, issuing a formal protest over the UK’s “further increase” in weapons to Ukraine.

“London is placing itself in the position of an accomplice to the bloody atrocities committed by the Kyiv regime, which can only be characterised as terrorism and war crimes,” the ministry said in a statement.

Britain has maintained its support for Ukraine and says it will stand “shoulder to shoulder” with Kyiv and will provide whatever military equipment it needs, saying just last month that it will share classified weapons information.

Moscow’s move comes the day after Polish Prime Minister Donald Tusk warned that Russia might be preparing to launch hybrid drone and missile strikes against countries that support Ukraine, including Poland. He said that such attacks would be framed as accidental, with the intention of weakening NATO states’ resolve to invoke collective defence provisions in the event of an attack on one of its countries.

French President Emmanuel Macron said on Friday that the threat posed by Russia’s shadow operations was growing across Europe and that Moscow had targeted ⁠⁠France with hybrid attacks in the past few ⁠⁠weeks.

“The Russian hybrid threat against Europeans and against France has intensified,” he said after a meeting with French political leaders.

France’s interior minister had met regional prefects to step up “vigilance in response to the Russian hybrid attacks”, Macron said, adding that he had ordered “the government to prepare a plan to protect our critical infrastructure” and the “most sensitive” defence industry and technology sites against drone and cyber-attacks.

Moscow seizes French, Swiss firms

As Russia steps up pressure on Ukraine’s political allies, it is also targeting Western companies.

Moscow has ordered the seizure of Russian businesses and assets of Swiss food giant Nestle and three French firms: retailer Auchan, DIY chain Lemana Pro (formerly Leroy Merlin) and logistics firm FM Logistics.

President Vladimir Putin signed a decree late on Thursday that changed the firms’ Russian operations to a new entity, LEV Management, which is managed by a Russian Ministry of Interior general, according to Novaya Gazeta Europe.

Nestle said it was still “assessing” the situation and its options but it remains “committed to taking all necessary steps to protect its rights”.

Kremlin spokesman Dmitry Peskov told reporters on Friday that one of the reasons behind the decision was because Nestle and Auchan are companies from “unfriendly” countries.

Their assets are only under “temporary administration” and that no decisions have been taken as of yet, Peskov added.

Overnight Russian strikes hit multiple regions in Ukraine, sparking several fires across the country, as President Volodymyr Zelenskyy is to host the inaugural Carpathian Eight summit of several European countries.

They include Romania, Poland, Slovakia, Czech Republic, Austria, Hungary and Serbia, with the European Union also set to discuss regional cooperation.

Hungary and Slovakia have refused to send Kyiv direct military assistance in the past, though Poland and Romania remain staunch allies.

RIYADH: A US economic delegation has held meetings with Syria’s sovereign fund to explore investment opportunities, as Damascus seeks to deepen ties with the world’s largest economy and attract international capital.

The meetings, which included representatives from government bodies and private companies, were focused on assessing the Syrian market and available investment opportunities amid the country’s economic opening and the lifting of sanctions, the Syrian Arab News Agency reported.

The discussions come as the Middle Eastern nation’s seeks to capitalize on the momentum generated following Washington’s termination of sanctions against Syria in July 2025.

“In his remarks during the meeting, Yasir Kahf, Director of Development and Planning at the Syrian Sovereign Fund, explained that the fund’s investment portfolio encompasses a diverse range of sectors and companies. He emphasized the Fund’s openness to establishing various forms of partnerships with US and international companies — including joint ventures — tailored to the specific nature of each sector,” the newly released SANA statement said.

Kahf also said the US Chamber of Commerce delegation’s inaugural visit to Syria represents a significant step toward enhancing economic cooperation.

Mohammad Mastat, director of public relations at the Syrian Sovereign Fund, said US companies had shown interest in entering the Syrian investment market, adding that several agreements and projects were currently under negotiation and would be announced in due course.

The easing of US sanctions has also created greater scope for investment and private-sector activity.

In May 2025, the US Treasury said sanctions relief would enable new investment in Syria and facilitate activity across all sectors of the Syrian economy as part of efforts to support its economic recovery.

The International Monetary Fund expects Syria’s economic growth to reach double digits in 2026 and remain strong in 2027.

It said the recovery is being supported by improving agriculture, hydrocarbon production, electricity provision, trade and services, alongside policies aimed at restoring macroeconomic stability and achieving a strong, private-sector-led recovery.

OpenAI boss Sam Altman thinks people should have more faith in his company and others like it to do the right thing when it comes to artificial intelligence (AI) development amid rising public concerns about all the risks.

“The world should trust that we are going to do the right thing because it’s the right thing and we feel the magnitude of this,” Altman said on Tuesday during a conference in San Francisco.

However, Altman noted that people were justified in their fears around AI, as the capability of the tools has progressed rapidly.

“It doesn’t take as much imagination as it used to for [us] to imagine how this could go wrong,” he said. “I think the world is right to be afraid of this.”

Altman’s comments came during an appearance at an annual conference hosted by software firm Salesforce.

It was the first time he had spoken publicly since a post went viral last week by a researcher who quit the AI firm Anthropic. The researcher claimed AI could kill all humans by the end of the decade if left unchecked.

A handful of other AI executives and experts responded by saying they agreed with the assessment, though they didn’t explain how they came to their conclusions or how exactly AI could accomplish such a thing.

The fervor over the claims has led to more scrutiny of AI development in recent days, and in response, Anthropic chief executive Dario Amodei called for the pace of all AI development to slow, external and urged governments to regulate the industry.

The post was applauded by Altman, as well as co-founder of Google’s DeepMind Demis Hassabis, and Elon Musk, owner of social media site X and AI assistant Grok.

By Tuesday, more AI leaders were voicing support for self-regulation rather than government involvement.

Altman said that he felt AI companies like his own were capable of essentially regulating themselves.

“We will get it right, I’m very confident in our company’s and industry’s ability to do this safely,” Altman said, adding that he was sure that they would “keep alignment and safety way ahead of capabilities” and if they couldn’t, they would “slow down or stop”.

After Altman’s comments, Meta boss Mark Zuckerberg wrote on X that every AI lab has the ability and the incentive “to take its own actions” towards making AI tools and models that are designed for safety.

“Any lab that doesn’t focus on alignment will fall behind,” Zuckerberg wrote. “Labs face significant liability if their models cause harm, so they have a strong incentive to prevent this as well.”

Jensen Huang, head of Nvidia, also said at the same Tuesday conference that the AI firms should decide if new versions of the technology should be released and not be managed by outside forces.

“We don’t need new laws or regulations,” Huang said, adding that there should not be a “false choice” between the speed of innovation and the safety of AI products.

Nvidia is the biggest company in the world by valuation, with its profits having boomed as a result of rampant demand for the AI computing chips it makes.

“Safety is paramount. However, safety is an engineering problem,” Huang said.

He added that if at any time a leader of an AI company lacks confidence in their product they should choose to not release it.

“That’s a very obvious thing to do,” Huang said. “Run as fast as you can, but if at any time you feel the institution is not in control, take a pause.”

Some industry figures have argued resurgent AI fears were overblown and were being jumped on to generate hype for the industry.

During the conference, Altman addressed a crowd of hundreds of business people, telling them they should use AI tools to aid in their work, but also needed them in order to protect their businesses from potentially AI-enabled cyber attacks.

The idea of AI executives being left to entirely regulate themselves has struck some in the industry as a bad idea.

Jack Clark, an Anthropic executive and co-founder, told the BBC on Monday that leaving AI to be a “totally unregulated industry” was “rolling dice with immense risks”.

Patrick Hillman, the chief operating officer of Logical Intelligence, which is chaired by Yann LeCun, a sage of the AI industry, noted Tuesday how little faith people have in tech companies to do anything truly in the public interest, external.

“The only institution that Americans might trust less than Washington these days is Silicon Valley. I have worked and lived in both and I assure you both have earned this scepticism,” Hillman said.

“If you believe what you are building is dangerous, show us what you are prepared to stop doing,” he added.

Published on 09/09/2026 – 19:07 GMT+2•Updated
21:09

The European Commission unveiled on Wednesday a legislative proposal allowing EU public authorities to favour European companies in public procurement for key public services such as energy, water, railways, ports, airports and postal services.

ADVERTISEMENT

ADVERTISEMENT

The move comes as European policymakers seek to shield the bloc’s market from China amid heated trade negotiations, as the EU grapples with a trade deficit with Beijing of roughly €1 billion a day.

Public procurement markets in Europe represent €2 trillion every year — 15% of Europe’s GDP.

“Public money must serve our collective interests,” Commission Vice-President Stéphane Séjourné said on Wednesday. “A public buyer will be able to organise his European preference and to exclude operators coming from countries with which we do not agree on public markets, both on the basis of the nationality of the company or on the base of the origin of the products.”

Under the Commission’s proposal, EU public authorities will be able to exclude non-European companies from public contracts when they come from countries that do not allow Europeans access to their own public procurement markets.

“A municipality will be very clearly able to exclude a Chinese company or a European company that offers Chinese products,” Séjourné added. “It will also be able to give more points and more visibility in his offer to European offers compared to competition offers.”

Swift reaction from China

The Commission proposes that at least 30% of the evaluation of supplies for public procurement rely on quality criteria and not only on price, which will also hit low-cost Chinese products.

“The new standard is the best quality-price ratio, and not just the price,” Séjourné said. “Our choices must also be able to meet social and environmental demands, but also sovereignty.”

The legislation, which still has to be adopted by the EU co-legislators — the European Parliament and the EU Council — prompted a swift reaction from China. In a statement released after the commission’s announcement, China’s Chamber of Commerce to the EU said that such a European preference could “distort a level playing field” for Chinese companies participating in the European public procurement market.

“Public procurement should not discriminate against suppliers or goods on the basis of the supplier’s nationality or the country of origin of the goods.”

In March, another proposal creating a European preference in EU strategic sectors such as green tech, cars and energy-intensive industries also prompted Chinese ire, with Beijing threatening to retaliate.

EU Trade Commissioner Maroš Šefčovič will travel to China in early October, hoping to reach a political deal with Beijing to rebalance the trade relationship with the EU.

Published on 09/09/2026 – 19:07 GMT+2•Updated
19:09

The European Commission unveiled on Wednesday a legislative proposal allowing EU public authorities to favour European companies in public procurement for key public services such as energy, water, railways, ports, airports and postal services.

ADVERTISEMENT

ADVERTISEMENT

The move comes as European policymakers seek to shield the bloc’s market from China amid heated trade negotiations, as the EU grapples with a trade deficit with Beijing of roughly €1 billion a day.

Public procurement markets in Europe represent €2 trillion every year — 15% of Europe’s GDP.

“Public money must serve our collective interests,” Commission Vice-President Stéphane Séjourné said on Wednesday. “A public buyer will be able to organise his European preference and to exclude operators coming from countries with which we do not agree on public markets, both on the basis of the nationality of the company or on the base of the origin of the products.”

Under the Commission’s proposal, EU public authorities will be able to exclude non-European companies from public contracts when they come from countries that do not allow Europeans access to their own public procurement markets.

“A municipality will be very clearly able to exclude a Chinese company or a European company that offers Chinese products,” Séjourné added. “It will also be able to give more points and more visibility in his offer to European offers compared to competition offers.”

Swift reaction from China

The Commission proposes that at least 30% of the evaluation of supplies for public procurement rely on quality criteria and not only on price, which will also hit low-cost Chinese products.

“The new standard is the best quality-price ratio, and not just the price,” Séjourné said. “Our choices must also be able to meet social and environmental demands, but also sovereignty.”

The legislation, which still has to be adopted by the EU co-legislators — the European Parliament and the EU Council — prompted a swift reaction from China. In a statement released after the commission’s announcement, China’s Chamber of Commerce to the EU said that such a European preference could “distort a level playing field” for Chinese companies participating in the European public procurement market.

“Public procurement should not discriminate against suppliers or goods on the basis of the supplier’s nationality or the country of origin of the goods.”

In March, another proposal creating a European preference in EU strategic sectors such as green tech, cars and energy-intensive industries also prompted Chinese ire, with Beijing threatening to retaliate.

EU Trade Commissioner Maroš Šefčovič will travel to China in early October, hoping to reach a political deal with Beijing to rebalance the trade relationship with the EU.