Rio Tinto pledges $600m to boost miner’s renewable ambitions November 30, 2022 Rio Tinto plans to invest a further $600m in renewable energy assets across the iron ore-rich Pilbara region of Western Australia.
Truss: All major Russian businesses at risk of heavy UK sanctions if Putin invades Ukraine January 31, 2022 The UK will not hesitate to freeze the assets of any major Russian business or any oligarch linked to the Kremlin if Vladimir Putin invades Ukraine, Liz Truss today announced. The foreign secretary said any Russian business that has “economic or strategic significance” to Russia could be shut out of operating in Britain and that [...]
UK debt pile tops size of entire economy for first time since 1960s June 21, 2023 Britain’s debt stock has swelled to larger than the size of its economy for the first time since March 1961, pushed higher by the government helping families with their energy bills, new numbers out today show. The UK’s over £2.5 trillion debt pile represents 100.1 per cent of the value of its gross domestic product, [...]
Wheat prices spike as Russia threatens to suspend exports March 14, 2022 European wheat prices have risen amid threats from Russia it will suspend exports of wheat, barley, maize and rye.
Russian athletes set for Winter Paralympics ban decision March 2, 2022 Winter Paralympics organisers will decide today whether to ban Russian athletes just 48 hours before the Games are set to begin in Beijing. All Russian competitors have already arrived in China but the International Paralympic Committee is under pressure to stop them taking part in response to the country’s invasion of Ukraine. The International Olympic [...]
Kremlin bans citizens from calling for sanctions against Russia after denying plans to institute martial law March 4, 2022 Russia’s Duma has introduced a new law to ban citizens from calling for sanctions to be imposed on Russia, and said those found guilty may be forced into “obligatory labour” for up to three years. Russians who call for sanctions to be imposed on Russia, over its invasion of Ukraine, could face fines of up [...]
EU deepens investigation into Gazprom’s European business amid supply concerns February 14, 2022 EU antitrust regulators will intensify information gathering on Gazprom's European business, amid the continent's growing supply crisis.
Putin’s war in Ukraine must make us wonder about our military capabilities February 28, 2022 Last week all changed, changed utterly; on the eastern fringes of Europe, a war is now happening. Not a border skirmish or some cyber jousting—the Russian army has invaded Ukraine and men and women are losing their lives in a struggle for territory and power. Taken by surprise by this resurrection of old methods of [...]
Toyota suspends factory operations following suspected cyber attack February 28, 2022 Toyota is suspending production at 14 domestic factories, loosing around 13,000 cars, following what it looks like a cyber attack,. “Due to a system failure at a domestic supplier, we have decided to suspend the operation of 28 lines at 14 plants in Japan on 1 March,” the company said in a statement. “We apologise [...]
UK factories hit by 1970s-style cost crunch in inflation surge warning April 25, 2022 UK factories are having to swallow the quickest rise in input costs for five decades in a sign that the cost of living crunch gripping consumers is set to tighten, reveals fresh figures published today. The cost to manufacturers of buying components has accelerated at the steepest pace since 1975, according to Britain’s top business [...]