Putin suggests Ukraine linked to 133 dead in Moscow concert hall March 23, 2024 Addressing the Russian people, Putin said Sunday will be a national day of mourning
The City View: Michael Hewson on Germany’s Russian energy oversights and Merkel’s legacy April 19, 2022 Today Andy Silvester talks to Michael Hewson, Chief Markets Analyst at CMC Markets. They go through the latest IMF forecasts, which included downgrades and the worst growth forecast in the G7 for the UK; Germany’s exposure to energy price fluctuations, the mounting pressure to reduce its dependency on Russian oil and gas, and Angela Merkel’s [...]
EU prepares to cut down gas demand ahead of cold winter months amid Russian disruption July 14, 2022 The EU will encourage member states to cut down the continent's gas demand by incentivising industries to use less energy.
Hope and excitement in Kyiv as Ukrainian troops reach Russian border: Retreat is embarrassment for Putin May 16, 2022 Ukraine is hit by a wave of hope and excitement this morning as its troops have reached the border with Russia. Troops defending the city of Kharkov claim to have pushed back Russian troops to the Ukraine-Russia border. Ukrainian authorities released a video in which a military unit poses in front of a boundary marker. [...]
Naftogaz asks creditors to defer debt payments as Russian invasion takes its toll on energy giant July 13, 2022 Ukraine's state-owned energy giant is struggling for cash, with many of its customers unable to pay their bills following Russia's invasion.
FCA mulls fund ‘side pockets’ to limit damage of Russian assets March 17, 2022 The city watchdog is mulling whether to authorise so-called ‘side pockets’ in retail funds to allow fund managers to separate hard-to-sell Russian and Belarussian assets from their core investments.
London’s largest law firm DLA Piper closes Russian offices March 15, 2022 The City of London’s biggest law firm by revenue, DLA Piper, is set to close its Moscow and St Petersburg offices, as law firms from across the globe continue to pile out of Russia. In a statement, DLA Piper said it will transfer its Russian business to the UK, in line with the “legal and [...]
FTSE Russell to delete Russian firms from indexes including Evraz March 14, 2022 London Stock Exchange subsidiary FTSE Russell has said it intends to delete several Russian firms from its indexes. Companies to be deleted include Evraz, the FTSE 100 steel giant, of which former Chelsea owner and billionaire oligarch Roman Abramovich owns a 29 per cent stake. Other firms include Polymetal, the FTSE 100 precious metals mining [...]
Truss condemns ‘sham’ decision as two British men sentenced to death by Russian-backed court June 10, 2022 Two British men captured by Russian-backed separatists in occupied Ukraine have been sentenced to death. Aiden Aslin, 28, and Shaun Pinner, 48, were handed the punishment by a ‘supreme court’ in the Donetsk region, alongside a Moroccan student, Ibrahim Sadun. The duo were held by separatists in the city of Mariupol in April and were [...]
Bristol e-scooter scheme may be shelved over firm’s Russian investors April 12, 2022 An e-scooter scheme in Bristol may be pulled because the company that operates it has investors with “dubious” ties to Russia. The West of England mayor Dan Norris met the chief executive of £1bn-valued Swedish firm Voi Technology this week, as he vowed to ensure the region is “not linked” with Moscow. Norris said “Voi [...]