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Russia detains cyber-security tycoon on treason charges

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The head of one of Russia’s top cyber-security firms has been detained on suspicion of state treason

A court in Moscow said it had ordered that 35-year-old Ilya Sachkov be held in custody for two months, but did not provide further details on the charges.

An anonymous security source told a state news agency that Mr Sachkov had denied passing on confidential information to foreign intelligence services.

Group-IB, the company which he founded, has worked alongside prominent banks, Russia’s Ministry of Internal Affairs and Interpol, to protect them from cyber-security attacks.

The company said in a statement their offices in Moscow and St Petersburg had been searched by authorities, but that it was not clear why.

Mr Sachkov has previously been awarded by Russian President Vladimir Putin for his work in identifying and preventing threats to national computer systems.

He is the latest in a series of prominent Russians, including scientists, cyber-security officials, and a former journalist, to be arrested in the country on treason charges in recent years.

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Markets brace for pivotal week following renewed US-China trade talks

Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.

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Global markets brace for US-China trade talks, earnings, and inflation data impacting investor sentiment and central bank outlook.


Global markets prepare for a critical week as US–China trade talks, major earnings, and inflation data could shift investor sentiment and central bank expectations.

Kyle Rodda from Capital.com breaks down the key risks and opportunities.

#GlobalMarkets #USChinaTrade #Inflation #EarningsSeason #Investing #FederalReserve #AUD #Tesla #Netflix #MarketUpdate


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Global markets steady ahead of CPI

Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.

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Global equities stay strong near record highs as investors await US CPI data to assess central bank decisions.


Global equities remain resilient, with Wall Street, Europe, and Asia near record highs as investors eye Friday’s US CPI data to gauge central bank moves.

Market watchers note cautious optimism amid ongoing volatility.

#GlobalMarkets #CPI #WallStreet #Equities #Investing #CentralBanks #RBA #Fed #USMarkets #MarketUpdate


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US sanctions Russia’s top oil giants

US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.

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US sanctions on Rosneft and Lukoil aim to pressure Moscow amid oil price surges; impact depends on enforcement.


The US has imposed new sanctions on Rosneft and Lukoil, aligning with Europe to pressure Moscow amid rising oil prices and global market tensions.

Analysts warn the real impact will hinge on enforcement and international response.

#Russia #USSanctions #Rosneft #Lukoil #OilMarkets #Geopolitics #EnergyCrisis #DonaldTrump #EU #GlobalTrade #Moscow


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