Ukraine crisis highlights Europe’s dependency on Russian gas March 7, 2022 Russia is currently facing the ire of the world following its illegal invasion of Ukraine, which is bringing misery to millions. It is also the second largest producer of natural gas in the world. It serves European consumers of energy through a number of pipelines. Proximity and the ease of transport means supplies from the [...]
No looting, Putin? Ukrainian woman spots her own belongings loaded on a Russian tank June 7, 2022 A Ukrainian woman from Popasna says she spotted her belongings loaded on a Russian tank in a photo taken by Reuters. Watch the full video report.
Allianz to take €400m hit after selling majority stake in Russian business June 7, 2022 Allianz has said it will take a €400m hit on its Russia operations, after agreeing to sell a majority stake in the business to the London registered company that owns one of Russia’s major insurance companies. The German insurer has agreed to sell a 50.1 per cent stake in its Russian business to London registered [...]
Asset manager Carmignac announces plans to scrap Russian investments March 7, 2022 French asset management firm Carmignac announced today it would scrap its Russian investments and not invest any further in Russian firms, as asset managers scramble en masse to sever their ties to the country following its invasion of Ukraine.
Energy conflict: EU unveils plans to seize Russian energy revenues April 6, 2022 Economic warfare between Russia and the West escalated yesterday, after the EU announced plans to seize Russian energy revenues.
EU plans to seize Russian energy revenues as conflict escalates in Ukraine April 6, 2022 The European Union (EU) is planning to seize a portion of Russian energy revenues to pay for the future rebuilding of Ukraine.
Tanker docks in France as UK workers protest Russian oil March 6, 2022 UK dock workers refused to unload a tanker of Russian gas yesterday in protest at the country's invasion of Ukraine.
British exhibitions group Hyve puts Russian businesses up for sale April 6, 2022 British exhibitions group Hyve said this morning that it has proposed to sell its Russian business to Rise Expo for a maximum price of £72m.
Ben Wallace: Russian military leaders ‘turning in on themselves’ over the ‘disaster’ war May 5, 2022 Defence secretary Ben Wallace has claimed Russian military leaders are “turning in on themselves” out of fear of being purged by Putin. The minister made his comments while visiting Final, saying the Kremlin’s top brass are playing the blame game over the “disaster” war. He claimed generals are worried about being scapegoated for the invasion’s [...]
Germany turns to floating gas units to cut down dependence on Russian imports May 5, 2022 Germany has rented four floating storage and regasification units as it aims to reduce its reliance on piped natural supplies from Russia.