Aircraft leasing firm BOC retrieves 747 from Russian operator March 30, 2022 Aircraft lessor BOC Aviation announced today it had retrieved a Boeing 747 freighter from Russian operator AirBridgeCargo. The aircraft was flown on 25 March from Hong Kong to California after a US judge allowed the company to repossess it. The Singapore-based lessor explained that the plane was worth $148m and AirBridgeCargo had breached leases for [...]
Rugby World Cup: France, New Zealand and Italy go in Pool A September 6, 2023 A Rugby World Cup group that spans four continents and includes the hosts, three-time winners and a number of difficult challengers, Pool A could be the surprise package. France and New Zealand are favourites to progress to the last eight where they will likely be rewarded with a Test against either Ireland, Scotland or South [...]
Gold prices ease from 10-day rebound as Fed signals more rate hikes November 14, 2022 Gold prices slipped back from a four-month high last week, closing the curtain on a 10-day rebound, with more interest rate hikes on the way.
Oil prices recover as EU pushes for Russian oil ban May 11, 2022 Oil prices rebounded as the European Union (EU) closes in on a Russian oil embargo, raising concerns of supply shortages across the continent.
Cost of Ukraine crisis akin to ‘mid-sized natural catastrophe,’ Axa finance chief says May 9, 2022 French insurance giant Axa has said it expects the costs it will incur the Ukraine crisis will be similar to the financial hit posed by a “mid-sized natural catastrophe”. Speaking to reporters, Axa chief financial officer Alban de Mailly Nesle said: “We currently expect the net underwriting losses from the crisis to be akin to [...]
Lloyds and Aon team up to build customer resilience to Ukraine conflict October 13, 2022 The insurance industry must help customers build resiliencethe Russian invasion Ukraine, according to new research from Lloyd’s and Aon.
Germany resists EU ban on Russian gas as it continues to be Putin’s customer: ‘We would inflict damage on ourselves’ April 5, 2022 Germany has rejected calls for an EU embargo on Russian gas imports, despite mounting civilian deaths in Ukraine.
Rishi Sunak: Kremlin needs to leave Ukraine before any agreement considered December 10, 2022 The Kremlin will need to pull its forces out of Ukraine before any peace agreement can be considered, according to Rishi Sunak. Sunak and Ukrainian President Volodymyr Zelensky yesterday agreed on the importance of pre-empting Russia’s calls for a ceasefire. The PM – who met with the president for the first time since becoming prime [...]
Equinor hands out a further $3bn to shareholders as high gas prices power bumper profits July 27, 2022 Equinor is returning an additional $3bn to shareholders, with the Norwegian energy giant enjoying second-quarter profits above expectations.
Truss to label China an official ‘threat’ to the UK for the first time October 12, 2022 Liz Truss is set to label China as a threat to the UK for the first time in a major shift in the government’s diplomatic position. Last year’s Integrated Review of foreign and defence policy under Boris Johnson said Russia was an “acute and direct threat”, but that China was only a “systemic competitor”. The [...]