Google whacked with £105m Russian fine over Ukrainian far-right videos April 21, 2022 Google has been fined 11 million roubles (£105m) for distributing "fake" news YouTube videos produced by Ukrainian far-right groups.
E.ON suffers massive drop in profits amid spiralling wholesale costs and Russian uncertainty May 11, 2022 E.ON has suffered a 15 per cent drop in first-quarter profits, blaming higher energy prices that it was unable to pass on to customers.
OPEC+ to avoid pledges to further boost oil output despite Western pressure June 30, 2022 Western hopes for more oil are dwindling, as the world's most influential cartel refuses to commit to September supply increases.
Ultra-high energy bills are here to stay, warns Cornwall Insight August 2, 2022 Household energy bills will remain historically elevated into 2024, revealed Cornwall Insight, meaning Brits will be under sustained pressure.
The Notebook with Bill Browder: The UK must do more to support Vladimir Kara-Murza April 24, 2023 The Notebook is where the City’s big names talk what’s most important to them. This week: Hermitage Capital Management’s CEO Bill Browder writes. Last Monday, my friend Vladimir Kara-Murza, a dual British-Russian national, was sentenced to 25 years in Russian prison. His crime? Simply speaking out against Putin’s murderous war in Ukraine. According to the [...]
Cost of UK energy imports more than doubles as North Sea body urges government to back British oil and gas March 22, 2023 The UK’s energy import bill more than double last year, amid an increasing reliance on overseas supplies, revealed Offshore Energies UK.
US ramps up sanctions with plans to ban Russian oil imports March 8, 2022 The US is expected to impose ban on Russian oil imports as it ramps up sanctions following the country's invasion of Ukraine.
Prada: Strong US sales offset impact of Covid lockdown in China April 19, 2022 Designer handbag maker Prada performed above expectations in the first quarter of the year, as US sales offset trade suspensions in Russia. CEO Patrizio Berteilli also said strong results in the US in the first four months of the year helped to offset the impact of Covid lockdowns in China. Speaking to Italian newspaper Corriere [...]
Nor way! British gas prices soar as maintenance issues curb Norwegian flows April 20, 2022 Gas prices have spiked across European benchmarks with maintenance curbing Norwegian gas flows to the UK, exacerbating supply fears.
Law giant CMS closes Moscow offices after coming under fire for links to oligarchs March 11, 2022 European law giant CMS has said it will close its Moscow offices and withdraw from the Russian market, after Conservative MP Bob Seely named CMS partner Geraldine Proudler as one of four “amoral” lawyers working for oligarchs to silence the press. In a post on Linkedin today, the law firm said it had decided that [...]