London-listed Mondi leaves Russia after agreeing to sell biggest paper mill September 18, 2023 UK paper and packaging giant Mondi has agreed to sell its largest Russian plant for around 775 million euros (£668 million) to a Moscow-based property development group. Mondi’s share price jumped by nearly five per cent on Monday morning after it unveiled the deal involving Syktyvkar, its last remaining plant in Russia and the country’s [...]
Let’s be honest, Larry Fink is right and we should give up on broken ESG investing November 2, 2023 ESG and green investing has found itself unable to deliver and at the heart of a culture war, writes Matthew Lesh
Q&A: will the gold price surge continue? March 31, 2022 James Luke explains the effect that Russian sanctions and Fed rate rises are having on gold, and what may lie ahead for the precious metal. Gold prices have been on an upward trend since mid-January, accelerating sharply upon Russia’s shocking invasion of Ukraine towards the end of February as investors flocked to perceived safe haven [...]
China and Russia are pushing the boundaries of cyber attacks to harm other states September 4, 2023 Russia and China are exploring new ways to target Western states and companies through sophisticated cyber attacks. We have to fight back, writes Nick Schneider
Oil leaps as strikes on Yemen’s Houthi rebels fuels Straits of Hormuz closure fears January 12, 2024 Around 20 per cent of the world's oil passes through the Iran-controlled Straits of Hormuz each day
Eat that, Putin: US lawmakers give green light for historic £32bn lifeline for Ukraine in fresh push to ‘weaken’ Russia May 11, 2022 Sigh of relief in Kyiv this morning as the US House of Representatives has emphatically approved a fresh $40bn, or £32.4bn, aid package for Ukraine. The measure sailed to passage by a lopsided 368-57 margin, providing $7bn more than President Joe Biden’s request from April and dividing the increase evenly between defence and humanitarian programs. [...]
Zaporizhzhya nuclear plant: UN team moves in as shelling nearby risks leaks August 29, 2022 A TEAM from the United Nations’ nuclear watchdog touched down in Ukraine yesterday amid ongoing concern that Europe’s largest nuclear power plant in Zaporizhzhya is becoming a hotspot for conflict. The Zaporizhzhya plant sits on the Dnipro River and has been under Russian control since March, though remains staffed by Ukrainians. Shelling in the vicinity [...]
In Ukraine, the Middle East is starting to take sides and it could tip the scales October 12, 2022 Historically, the Gulf states have maintained a delicate balance in international conflicts outside of the Middle East and North Africa. This is a formula they adhered to when the Russia-Ukraine conflict broke out in February; keen to remain neutral, Saudi Arabia and the UAE were determined to be passive observers. But that may be changing. [...]
Will gold continue to shine in 2024? December 29, 2023 Safe havens have never been more in demand and nowhere has this been better embodied than in gold’s performance in 2023.
Ukraine says 63 Russian soldiers were killed in strike on military base January 2, 2023 Some 63 Russian soldiers have been killed by a Ukrainian strike on a military facility in the eastern Donetsk region. Ukrainian forces fired six rockets from a HIMARS launch system and two of them were shot down, a Russian defence ministry statement said. The strike, using a US-supplied precision weapon that has proven critical in [...]