Skip to content
Search

Latest Stories

OneWeb suspends Baikonur launches

OneWeb suspends Baikonur launches

GLOBAL satellite communications company OneWeb has announced that its board had voted to suspend all launches from Russia's Baikonur Cosmodrome in Kazakhstan.

With this, OneWeb has joined a growing list of companies snapping or suspending ties with Russia.


Russia's space agency Roscosmos has sought guarantees from OneWeb and Europe's Arianespace that satellites it plans to launch this year will not be used for military purposes.

It also demanded the UK government give up its stake in OneWeb because of what it said was London's "hostile position on Russia".

OneWeb satellite OneWeb satellite

But UK Business Secretary Kwasi Kwarteng said the government was not selling its share and on Thursday (3) welcomed the company's suspension of launches.

"The UK Government supports OneWeb's decision," he wrote on Twitter.

"In light of Russia's illegal and unprovoked invasion of Ukraine, we are reviewing our participation in all further projects involving Russian collaboration."

Roscosmos had imposed a deadline for 6.30 pm on Friday (4) for OneWeb to provide "exhaustive legally binding guarantees".

Otherwise, it added, a planned launch of a Soyuz with 36 satellites on Saturday (5) would be cancelled.

OneWeb, backed by India’s Bharti Enterprises, has been working to complete the construction of a constellation of low earth orbit satellites to provide enhanced broadband and other services around the globe.

The company is aiming for its global commercial internet service to be operational by next year, supported by some 650 satellites.

A Soyuz rocket, operated by Arianespace, blasted 24 satellites into space for OneWeb on February 10 from the Guiana Space Centre in French Guiana.

Arianespace has worked with Russia for nearly two decades and is under contract to make 16 Soyuz launches between December 2020 and the end of this year.

On February 26, Russia suspended space launches from French Guiana and withdrew technical personnel in response to EU sanctions over Moscow's invasion of Ukraine.

OneWeb, which will offer broadband via a constellation of 650 satellites, was rescued from bankruptcy by Britain and Bharti Global in 2020. Eutelsat and SoftBank have also invested.

Elon Musk, the billionaire chief executive of SpaceX, has donated Starlink satellite internet terminals to Ukraine, where internet connections have been disrupted due to the Russian invasion.

Starlink, like OneWeb, uses small low earth orbit (LEO) satellites to provide internet access.

(AFP & Reuters)

More For You

UK–Africa business summit 2025

UK–Africa business summit 2025

UK–Africa business summit 2025 highlights trade, technology and resilient partnerships

Highlights:

  • Dr Sudhir Ruparelia emphasised Uganda’s growing real estate, agriculture and tourism sectors.
  • Lord Dolar Popat called for closer Commonwealth ties between Africa, the UK and India.
  • Uganda’s ministers outlined regional integration, investment climate and agricultural transformation.
  • Spiritual leader Sant Trilochan Darshan Das Ji urged ethical entrepreneurship rooted in integrity.

The 15th edition of the UK–Africa Business Summit took place on Friday, 12 September at The Royal Horseguards Hotel & One Whitehall Place, bringing together senior government leaders, entrepreneurs, investors and diaspora stakeholders to strengthen trade and investment ties between the UK and African nations.

Keep ReadingShow less
Modi & Trump

Donald Trump and Narendra Modi shake hands as they attend a joint press conference at the White House on February 13, 2025.

Reuters

India, US to discuss trade issues after tariff hike

INDIA and the United States will hold trade discussions in New Delhi on Tuesday, officials and Indian media reports said, as the two countries look to resolve a tariff dispute.

India currently faces high US tariffs on most of its exports and has not yet been able to reach a trade deal that would ease the pressure.

Keep ReadingShow less
Piyush Goyal

Piyush Goyal recalled that in February, Narendra Modi and Donald Trump had instructed their trade ministers to conclude the first phase of the bilateral trade agreement (BTA) by November 2025. (Photo: Getty Images)

Getty Images

Trade talks with US moving forward positively, says Indian minister Goyal

INDIA’s commerce and industry minister Piyush Goyal on Thursday said that negotiations on the proposed trade agreement between India and the United States, which began in March, are progressing in a positive atmosphere and both sides are satisfied with the discussions.

He recalled that in February, Indian prime minister Narendra Modi and US president Donald Trump had instructed their trade ministers to conclude the first phase of the bilateral trade agreement (BTA) by November 2025.

Keep ReadingShow less
Baiju Bhatt

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. (Photo: Getty Images)

Baiju Bhatt named among youngest billionaires in US by Forbes

INDIAN-AMERICAN entrepreneur Baiju Bhatt, co-founder of the commission-free trading platform Robinhood, has been named among the 10 youngest billionaires in the United States in the 2025 Forbes 400 list.

At 40, Bhatt is the only person of Indian origin in this group, which includes figures such as Meta’s Mark Zuckerberg. Forbes estimates his net worth at around USD 6–7 billion (£4.4–5.1 billion), primarily from his roughly 6 per cent ownership in Robinhood.

Keep ReadingShow less
UK business district
The Canary Wharf business district including global financial institutions in London. (Photo: Getty Images)
Getty Images

Economy shows no growth in July amid political turbulence

UK's ECONOMY showed no growth in July, according to official data released on Friday, adding to a difficult week for prime minister Keir Starmer’s government.

The Office for National Statistics (ONS) said gross domestic product was flat in July, following a 0.4 per cent rise in June.

Keep ReadingShow less