Uniper set for nationalisation as Germany closes in on deal with Fortnum September 20, 2022 Uniper is on the verge of being fully nationalised, with the German government announcing plans to buy Fortum's stake in the company.
Nokia exits Russian market following Ericsson’s lead April 12, 2022 Nokia has announced it will be going one step further than its rival Ericsson and will fully pull out of the Russian market.
Russians relaunch attacks on Kyiv as Putin doubles down on Ukraine war tactics January 14, 2023 Russian missile attacks hit critical infrastructure in Kyiv and the eastern city of Kharkiv on Saturday morning, officials said, and the governor of another region warned that a massive missile strike could follow in the coming hours. Reuters journalists heard a series of blasts in Kyiv before the air raid siren even sounded, which is [...]
OPEC+ forecasts oil surplus as high prices and lockdowns bite into demand expectations May 4, 2022 OPEC+ anticipates oil supply to exceed demand later this year by nearly two million barrels per day amid reduced growth expectations.
UK pothole crisis costs £14.4bn every year from longer journey times and vehicle damage April 29, 2024 The bulk of the economic cost comes from longer journey times as nervous motorists attempt to limit the damage to their cars.
Energy industry calls for clampdown on brokers as businesses brace for winter August 23, 2023 The role of brokers in the business supplier market is in urgent need of regulation to protect companies from high prices this winter, an industry body has warned.
London beats Euro rivals to retain tech investment crown (yes, despite Brexit) January 12, 2023 London sailed past European rivals to retain its crown as the top destination for tech investment last year as nearly $20bn was pumped into the capital’s start-ups, new data has revealed.
Ruling the waves is the only defence strategy that will protect our interests November 1, 2022 One of the consequences of Russia’s intensified aggression towards Ukraine has been growing concern about whether Britain’s investment in the armed forces is sufficient to meet the threats of the future – or even of today. After all, despite a welcome uptick in outlay of some £16.5bn in November 2020, British defence investment remains at [...]
Magic Circle law firm Allen & Overy vows not to take on any more Russian clients March 2, 2022 Magic Circle law firm Allen & Overy has vowed not take on any more Russian clients, in response to Russia’s invasion of Ukraine. The City of London law firm said it is “reviewing” its “Russia-related portfolio” with a view to stopping “all Russia-linked work that goes against our values.” The firm also said it will [...]
McKinsey and BCG face calls to cut ties with Russian businesses, after pledging to sever links with Putin government March 1, 2022 Consultancy giants McKinsey and Boston Consulting Group (BCG) are facing calls to further sever their links to Russia, after both firms said they would stop working with the Russian government. The calls come after the UK government called on City of London firms to cut ties with Putin’s regime. Consulting giant McKinsey is facing calls [...]