Russian billionaires out, US billionaires in: Mapping London’s super-prime property market May 17, 2024 Filings have shown a Kazakh billionaire has sold his Mayfair mansion for £35m. What does it say about London's super-prime property market?
FTSE 100 today: London markets set to open higher following Asian peers’ lead April 4, 2024 Japan’s Nikkei led an Asian market rally. Oil and gold prices soared. Federal Reserve Chair Jerome Powell reiterated a cautious stance on rate cuts, while investor focus shifts to upcoming Fed speeches and U.S. jobs data.
Putin the boot in: Kremlin says there will be no new grain deal until West meets demands September 4, 2023 Vladimir Putin has said a deal that allowed Ukraine to export grain safely through the Black Sea will not be restored
BP, Siemens and PepsiCo branded ‘hypocrites’ for donating to Ukraine while failing to fully exit Russia January 22, 2023 BP, Siemens and PepsiCo have all donated millions to Ukraine while at the same time failing to fully exit Russia, new research shows. The three multinationals have been branded “hypocrites” and sit alongside 13 other top firms that have both given aid to Ukraine while also retaining their links to the Russian Federation. The research [...]
Kremlin ‘power grab’ in full swing as controversial Wagner Group boss pushes Putin to boot defence chief Shoigu November 22, 2022 An internal coup inside the Kremlin is reportedly in full swing as the chief of the controversial Wagner mercenary group is putting Russian president Putin increasingly under pressure to sack his Defence minister, Sergie Shoigu. Yevgeny Prigozhin, who heads the Wagner Group, also dubbed Putin’s private army which primarily consists of mercenaries, is reportedly increasingly [...]
IEA warns OPEC+ cuts risk pushing global markets into recession October 13, 2022 OPEC+'s decision to cut oil production risks driving up prices and pushing global markets into recession, warned the IEA.
Oil set for second week of losses as investors await Chinese rebound in demand February 3, 2023 Oil is on course for a second straight week of losses, with investors hoping for clearer signs of fuel demand recovering in China.
Exclusive: Ukraine urges West to slash Russian war revenues October 3, 2022 The West needs to slash Russia's revenues from soaring oil and gas prices, argued Naftogaz, Ukraine's state energy provider.
Russia hikes rates to 12 per cent as ruble plummets to lowest level since Ukraine invasion August 15, 2023 Russia’s central bank has raised its key interest rate by 3.5% in a move designed to fight inflation and strengthen the ruble after the country’s currency reached its lowest value since early in the war with Ukraine. The decision to hike the key rate to 12% was announced after an emergency meeting of the bank’s [...]
With a new CEO stepping in, Unilever must now do the right thing and exit Russia July 4, 2023 Still operating in Russia currently means financing Putin's war in Ukraine. It's time for Unilever to face reality, end its hypocrisy and exit the country for good, writes Margaret Hodge