Airlines avoid Belarus airspace as EU mulls sanctions May 25, 2021 A growing number of airlines have stopped flying through Belarusia airspace after the “hijacking” of a Ryanair flight carrying a dissident journalist. Carriers including Lufthansa, KLM, SAS, Air France, LOT and Singapore Airlines have thus far announced they would stop flying over Belarus. The decision to stop flying comes after the EU last night called for [...]
Russian rouble tumbles as threat of US sanctions resurfaces April 15, 2021 The Russian rouble fell two per cent against the dollar on Thursday, giving up gains made earlier this week as the threat of US sanctions on Moscow reared its head again. The US may announce sanctions on Russia as soon as today for alleged interference in its elections and malicious cyber activity targeting several individuals [...]
Huawei shifts focus to software as US sanctions bite April 12, 2021 Huawei today said it will refocus its efforts on software as part of a strategy overhaul aimed at counteracting the impact of US sanctions. The Chinese tech giant also said it will ramp up production of components for electric vehicles in an effort to “boost business resilience”. The controversial company has been rocked by a [...]
UK imposes sanctions on individuals accused of serious corruption in Russia April 26, 2021 The UK has sanctioned a number of individuals across Russia, South Africa and Latin America in the first use of a new anti-corruption law. Some 22 individuals were hit with asset freezes and travel bans today in the first use of Britain’s new Magnitsky act. Like a similar law in the US, it is named [...]
US slaps sanctions on Russia for election interference and cyber hacks April 16, 2021 The US last night slapped sanctions on Russia in response to “harmful foreign activities” including interference in 2020’s Presidential election. The White House has targeted the economic punishments against a combination of officials and companies over accusations of cyber attacks and other destabilising activities. President Joe Biden said that the US had stopped short of [...]
Uefa boss: English clubs will be sanctioned for European Super League involvement April 25, 2021 Arsenal, Chelsea, Tottenham and three other English football clubs will be sanctioned for their involvement in the failed European Super League project, Uefa chief Aleksander Ceferin has confirmed. Ceferin told the Mail on Sunday that the three London clubs along with Liverpool, Manchester United and Manchester City will face consequences for joining the breakaway league [...]
EU prepared to water down oil ban to secure agreement ahead of summit May 29, 2022 The EU is edging towards a watered down package of sanctions on Russia after weeks of talks with holdout country Hungary.
China’s imports of Russian oil near record high in March April 20, 2024 Russia remained China’s top oil supplier in March, data showed on Saturday, as refiners snapped up stranded Sokol shipments. China’s imports from Russia, including supplies via pipelines and sea-borne shipments, jumped 12.5 per cent on the year to 10.81 million metric tons, or 2.55 million barrels per day (bpd) last month, according to data from [...]
Nottingham Forest blow as points deduction upheld in full May 7, 2024 It would mean Forest remaining on 29 points, three above the relegation zone with two matches left.
Starling Bank fined £29m for ‘shockingly lax’ financial crime controls October 2, 2024 The Financial Conduct Authority (FCA) has fined digital challenger bank Starling £28.96m for failings related to its financial crime controls that the City regulator called "shockingly lax".