The multibillion pound court battle keeping the City’s law firms busy December 21, 2023 Aircraft leasing companies immediately turned to their insurers after their planes were stranded in Russia. But their refusal to cough up has set up a multi-billion pound court showdown.
Ivan Toney banned for eight months over betting breaches May 17, 2023 England and Brentford striker Ivan Toney has been banned from football for eight months due to his breach of betting rules. The 27-year-old committed 232 violations of FA betting rules and has also been charged £50,000. The ban, which stretches into 2024, begins immediately but the Northampton-born player will be able to train with his [...]
London-listed Russian stocks plummet after Putin launches invasion of Ukraine February 24, 2022 Shares in major London-listed Russian firms plunged this morning after Vladimir Putin launched a full-scale invasion of Ukraine and Boris Johnson threatened to “hobble” Russia with sanctions in retaliation.
Ukraine: Zelensky pledges push for victory on war anniversary February 24, 2023 The president of Ukraine pledged to push for victory in 2023 as he and other Ukrainians marked the sombre first anniversary of the Russian invasion that changed their lives. As dawn broke on a day of commemorations and defiance, president Volodymyr Zelensky tweeted that Ukrainians had proven themselves to be “invincible” in what he called [...]
UEFA: ECJ ruling does not validate European Super League December 21, 2023 Europe’s footballing governing body Uefa today retaliated against a ECJ which deemed rules relating to breakaway leagues as unlawful. the prospects of a future European Super League seemed to be boosted this morning after judges said UEFA rules blocking the formation of such a competition were contrary to EU law. The European Court of Justice [...]
London Stock Exchange blocks trading of Russian firms after sell-off frenzy March 3, 2022 The London Stock Exchange (LSE) has blocked trading of 27 Russia-linked firms today after their value plummeted as investors scrambled to sever ties with Russia and limit their exposure to Western sanctions.
Who owns Chelsea now? How much did Todd Boehly and Clearlake pay Abramovich in 2022? November 28, 2023 All you need to know about who owns Chelsea.
Domino’s franchisee to declare Russian business bankrupt August 21, 2023 The Russian arm of fast food chain Domino’s is likely to close after its London-listed parent company decided to put it into bankruptcy. Apparently failing to find a buyer for the Russian business, DP Eurasia said it has decided its subsidiary should instead file for bankruptcy. The franchisee runs around 170 Domino’s pizza sites in the country, and had previously said it was “evaluating its presence” there. The Russian economy has been hit [...]
Navigating ISO 20022 in the Bacs world September 17, 2024 Liz Carroll, Senior Product Manager, Financial Marketplaces at Finastra As organisations and financial institutions look for new ways to pay in a growing payments landscape, using a common language for all financial messages allows participants and systems in different markets to communicate in a single, consistent format using agreed terminology. ISO 20022 is a global [...]
U.S. plans to sever ties with Russian banks if Ukraine is invaded February 21, 2022 The US has lined up a package of sanctions to slap on Russian financial institutions in the event of an attack on Ukraine, including barring US financial firms from processing transactions for major Russian banks.