UK hints at fresh sanctions after Navalny’s death in Russia February 18, 2024 The UK could launch fresh sanctions against Russia in response to the death of jailed Russian dissident Alexei Navalny, the foreign secretary hinted.
UK imposes ‘first of their kind’ sanctions on Russian hackers who attacked British firms, schools and hospitals February 9, 2023 The UK government has imposed “first of their kind” sanctions on seven Russian hackers accused of using ransomware attacks to take millions from British firms. The Russian hackers are alleged to have used “cynical cyberattacks” to extort at least £27m from 149 British victims, including schools, hospitals, and private businesses. The cybercriminals will now be [...]
Russia-Ukraine war to wipe $1.5 trillion off global economy May 11, 2022 Russia’s invasion of Ukraine will wipe $1.5 trillion off the global economy this year, reveals new analysis released today. Soaring energy and food prices triggered by concerns about supply security as Moscow continues its assault on Ukraine will deliver a heavy blow to global economic activity, according to the National Institute of Economic and Social [...]
JP Morgan boss Jamie Dimon warns world is witnessing ‘most dangerous time in decades’ October 13, 2023 Jamie Dimon, chief executive of JP Morgan, said the early 2020s were shaping up to be "the most dangerous time the world has seen in decades" as the Wall Street banking giant reported another increase in profit.
Russia-Ukraine war sends global food prices to record high April 9, 2022 Global food prices have soared to their highest level ever driven by the Russia-Ukraine war choking supplies of basic foodstuffs, revealed an official index released yesterday. World food costs jumped 13 per cent last month, sending the United Nations’s food price index to 159.3 points, a record high. Ukraine is a linchpin in the global [...]
London Stock Exchange listing cash plunges as IPO drought continues July 3, 2023 Fresh listings on the London Stock Exchange have raised just £1.6bn in the past year as the City is hit by an extreme drought in public market activity, new data shows.
P&O Ferries owner posts £500m profit but CEO warns of ‘uncertain’ trade outlook August 17, 2023 P&O Ferries owner DP World posted half-year profits of $651m (£509.18m) today, down 10 per cent on last year’s record performance, amid a more challenging outlook for global trade and weakened freight rates. “While the near-term trade outlook may be uncertain due to macroeconomic and geopolitical factors, the solid financial performance of the first six [...]
TUI to reap profits in 2022 following summer travel boom May 11, 2022 TUI expects to become once again profitable in 2022 due to the expected boom in summer travel demand. In the second quarter of FY22, the holiday group’s losses before interest and taxes narrowed to €329.9m, down 47.8 per cent on the same time last year, while group revenues went up 9.5 per cent to €2.1bn, [...]
Putin visits Russian troops in Ukraine as G7 leaders vow to ‘intensify sanctions’ on Moscow at Japan meeting April 18, 2023 The Kremlin says Russian President Vladimir Putin has visited headquarters of the Russian troops fighting in Ukraine. A video released by the Kremlin early on Tuesday showed Mr Putin visiting the command post for Russian forces in the southern Kherson region. It showed Mr Putin receiving reports from the top military brass. He then moved [...]
London becomes fourth most expensive city in the world: Rent, petrol and cooking oil drive cost of living June 9, 2022 A perfect storm of rising inflation, the war in Ukraine and soaring house prices and rent, have turned London in to a pressure cooker of expense, making it the fourth most costly place to live in the world. London move up one place according to new research about cost of living for expatriates around the [...]