Revolution Bars: Chain to close 25 sites as significant restructuring plan approved August 9, 2024 Revolution Bars’s restructuring plan has been approved by the company’s major stakeholders. In an announcement published today, the company said its plan has been sanctioned by the Court and has been supported by its lenders. The group said it would close as many as 25 bar and pub locations as part of the plan. It [...]
Hong Kong’s democratic dreams have been trashed by Chinese power grab – the UK must use Magnitsky sanctions March 31, 2021 The Chinese government’s actions in Hong Kong are a textbook case study of an authoritarian power-grab. Redefine national security. Exercise emergency powers in the name of national security and use these powers to take total control. Lock up the opposition. Rig the elections. Rewrite the constitution. The details of Beijing’s electoral reforms for Hong Kong [...]
Russia says may retaliate after new round of UK sanctions December 12, 2020 MOSCOW (Reuters) – A new round of British sanctions against Russian individuals over alleged human rights abuses in Chechnya is “unfounded” and Moscow may retaliate, the Russian Foreign Ministry said on Saturday. “Undoubtedly, this politically-charged demarche will have a negative impact on Russian-British interstate relations,” the ministry said, adding Russia “reserves the right to take [...]
Shell urged to set up Ukraine fund after Russian ‘blood money’ trading July 4, 2023 Shell is facing calls to set up a repair fund for war-torn Ukraine after continuing to trade in Russian LNG following the country's invasion.
Huawei sells Honor smartphone brand as US sanctions bite November 17, 2020 Huawei is selling its budget smartphone brand Honor to a newly-formed consortium of Chinese buyers after US sanctions pushed the division to the brink of collapse. The Chinese tech giant said it will offload Honor’s business assets to Shenzhen Zhixin New Information Technology Co, a group of over 30 agents and dealers, including several state-owned [...]
Bob Marley: One Love review – a sanitised take on an icon February 22, 2024 Bob Marley: One Love is a warm tribute but the absence of the grittier elements of his legacy means this isn’t the whole story
More than a year after Russia’s invasion of Ukraine some firms still can’t – or won’t – quit Moscow May 25, 2023 Some global companies are still operating in Russia more than a year on from the country’s invasion of Ukraine. Firms were quick to respond to the full-scale war, which broke out last February, with some saying they would quit Russia immediately and others curtailing imports or new investment. Billions of pounds of factories, energy holdings [...]
Chancellor pressures asset managers to cut ties with Russia March 8, 2022 The Treasury has ramped up pressure on asset managers to dump their holdings in sanctioned Russian firms, with chancellor Rishi Sunak hosting top industry bosses last week to discuss divestment.
More than a dozen companies exit $11bn Nord Stream 2 project to avoid US sanctions February 24, 2021 Baker Hughes Co, AXA group and 16 other companies have stopped working on Russia’s Nord Stream 2 natural gas pipeline to avoid US sanctions, according to multiple media reports this evening. Russian energy company Gazprom and its partners are in the process of building an $11bn pipeline that will supply natural gas from Russia directly [...]
Visa and Mastercard shut out Russian financial institutions from networks March 1, 2022 US card payment giants Visa and Mastercard have shut out Russian financial institutions from their payments networks after Western nations ramped up sanctions on Russian firms.