Ukraine’s president Zelensky: ‘Tens of thousands’ are dead in eastern city of Mariupol April 11, 2022 “Tens of thousands” have been killed in the besieged eastern Ukrainian city of Mariupol, the country’s president has claimed. Vlodymyr Zelensky made the remarks while addressing South Korea’s parliament virtually, pleading for more help “if we are to survive” the Russia onslaught. This comes after the Boris Johnson visited Kyiv on the weekend to offer [...]
UK banks to ramp up data sharing in dirty money crackdown June 22, 2023 British banks are gearing up to share more data with their peers on suspected serious economic crime as part of wider efforts to stem dirty money flows into the country from Russia and elsewhere, four sources with knowledge of the matter told Reuters. More than half a dozen banks are in advanced talks with British [...]
Russian economy to lose nearly third of its value March 14, 2022 Russia’s economy will be plunged into turmoil this year as a result of the country being frozen out of the global economy in retaliation to Moscow invading Ukraine. The country’s output will tumble around 30 per cent this year, far worse than the amount it lost during the financial crisis, according to forecasts by the [...]
UK finance chiefs gear up for growth as sentiment soars July 29, 2024 Chief financial officers of some of the largest UK companies have seen expectations about the prospects of their own business shoot up.
Merkel defends blocking Ukraine’s Nato bid as Zelensky criticises her ‘policy of concession’ to Moscow April 5, 2022 Former German Chancellor Angela Merkel has defended her decision to block Ukraine’s Nato application, as President Zelensky criticised her “policy of concession” towards Moscow. The former leader was called out by President Volodymyr Zelensky, who also took aim at France’s former president Nicolas Sarkozy, after mass graves and hundreds of unarmed civilians were found in [...]
BP to unveil bumper profits as Brits face record energy bills this winter July 31, 2022 BP will follow in the footsteps of their rivals and unveil record quarterly profits next Tuesday, as Brits face record energy bills this winter.
Oil prices climbing fast as G7 cap of £49 on Russian crude barrel comes into effect December 5, 2022 Oil prices have risen in response to an agreement by the G7 group of nations which came into effect on Monday. Brent crude climbed to more than 86 dollars (£68) in Asia trading as the price of Russian oil was capped at 60 dollars (£49) a barrel. The move is part of increased pressure by [...]
Business of Space: When international cooperation works, and when it doesn’t April 15, 2022 This week: The growing militarisation of space Roscosmos’ Rogozin at it again When international cooperation works A Pentagon report In the post-Cold War renaissance of orbital and galactic affairs, the commercial space sector is booming. However, the division of private space endeavours and militaristic activities is no easy feat, according to a new report by [...]
IT firm Softcat continues double-digit growth as cyber security demand swells May 25, 2022 IT provider Softcat said it has delivered double-digit year-on-year growth in revenue, gross profit and operating profit in the third quarter of this year.
Lord Frost calls for increased defence spending in wake of Ukraine invasion March 6, 2022 The UK must boost its defence spending in the wake of Russia’s invasion of Ukraine, according to former cabinet minister Lord David Frost. Frost last night said “we are going to have to spend more on defence and that will mean tough choices … we need to reform and liberalise so that investment keeps coming”. [...]