Trafigura suffers $577m charge after alleged nickel fraud February 11, 2023 Trafigura was hit with a $577m charge in the first half of 2023, after discovering some nickel cargoes it received did not contain the metal.
Bank of England should use Russian reserves to repair Ukraine economy March 27, 2022 The Bank of England should use the Russian central bank’s frozen reserves held at Threadneedle Street to help rebuild the Ukrainian economy. That’s according to the head of Ukraine’s central bank who today urged governor Andrew Bailey and co to allocate the around £21bn of sanctioned assets to repairing the damage inflicted on Ukraine’s cities [...]
Aramco revels in record profits powered by booming oil prices May 15, 2022 Saudi Aramco (Aramco) has reported a massive 82 per cent spike in profits over the first three months of the year powered by lucrative oil trading.
Anonymous hack Russian TV urging public to oppose Ukraine invasion March 7, 2022 The notorious hacker group Anonymous hacked Russian streaming services last night, including the live TV channels Russia 24, Channel One, and Moscow 24. Taking control of the channels, the group showed clips of the Russian invasion of Ukraine. “The hacking collective #Anonymous hacked into the Russian streaming services Wink and Ivi (like Netflix) and live [...]
G20 fails to reach deal for slashing fossil fuels and ramping up renewables July 23, 2023 The G20 failed on Saturday to reach consensus on phasing down fossil fuels, following objections by some producer nations.
What’s the best way to make up for the metals supply shortfall? Look down. January 11, 2023 It’s been a rough couple of years for metal producers. Sky-high demand, factory closures, and supply chain disruption have resulted in a shortfall in supply. A quick post-Covid bounce back in demand should’ve resulted in producers scaling production back up to meet demand. However… Inflation has taken hold of every industry worldwide: the cost of [...]
Eurovision will not be hosted in London as seven UK cities in the running for song contest August 12, 2022 London is not in the running to host next year’s Eurovision Song Contest when it comes to the UK. A shortlist of seven cities has been announced, including Birmingham, Glasgow, Leeds, Liverpool, Manchester, Newcastle and Sheffield. Hower, London and Belfast are among those that will not be considered for the event, which is to be [...]
Angry activists storm villa of Putin’s youngest daughter, plant Ukrainian flag and plan to house refugees March 14, 2022 French activists in the city of Biarritz, in the south of the country, have taken over the luxury villa of the daughter of Russia’s president Vladimir Putin, Catherine Tikhonova. The mansion, locally known as the Alta Mira villa, was seized by local activists on Sunday evening and will be made available for a number of [...]
EU to impose sanctions on Putin regime as Russian troops push into Ukraine February 22, 2022 The Irish foreign minister said this morning the time has come for the EU to impose sanctions on Russia. It comes after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine. A vaguely worded decree signed by Mr Putin did not say if troops were on the move, and it cast the [...]
Shell caps off bumper trading year with record £32.2bn profits February 2, 2023 Shell capped off a highly lucrative year of trading with bumper fourth quarter earnings of £7.9bn - with full year profits of £32.2bn.