Trafigura and Vitol could step up trade in Russian oil, CEOs admit March 22, 2023 Global energy traders Trafigura and Vitol are considering whether to resume more trade in Russia's oil, their CEOs said yesterday.
Barrister prohibited after criminal conviction for punching a fashion designer June 20, 2024 Barrister Matthew Feargrieve has been prohibited from practising after being convicted of assaulting a fashion designer at the Royal Opera House
UK blocks Russia from buying professional services following annexation of Ukrainian regions October 3, 2022 The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s decision to annex four regions of Ukraine. The new sanctions seek to further damage Russia’s economy by hindering the country’s access to IT consultancy, architectural, engineering, accounting, and commercial legal [...]
Oil prices to stay high this year on China reopening and OPEC output snags, experts predict February 19, 2023 Oil prices will be propped up this year by rebounding demand from China alongside tightening supplies into Europe and OPEC's capacity issues.
Block Russian oligarch from spending frozen funds, High Court told September 27, 2022 The UK’s National Crime Agency (NCA) is seeking to block sanctioned Russian billionaire Petr Aven from using £1.5m in frozen funds stored in bank accounts linked to two companies responsible for managing his central London properties and Surrey estate. The £1.5m funds were frozen by the NCA in May after HSBC and Monzo Bank raised [...]
Kremlin approves sale of Volkswagen’s Russian assets for nearly £110m May 16, 2023 Russia’s government has approved a deal for Volkswagen to sell its Russian assets to autodealer group Avilon for up to $137.6m (£108.64), the Interfax news agency reported on Tuesday, citing a source. Should Volkswagen extract money from Russia while exiting, it would buck the trend of other major automakers, most of which have sold their assets [...]
Vitol and Gunvor rake in Russian oil profits a year after Ukraine invasion June 27, 2023 Energy traders Vitol and Gunvor are still buying refined Russian oil, despite pledges to cut ties with Kremlin-backed suppliers.
Hungary caves to Russian pressure as it pays transit fees for oil supplies August 10, 2022 Hungarian energy group MOL has submitted transit fees to Ukraine, on behalf of Russia, to restart flows of oil crude from the country.
China blocked from attending Queen Elizabeth II’s lying in state September 16, 2022 A Chinese government delegation has been blocked from attending Queen Elizabeth II’s lying in state. House of Commons speaker Lindsey Hoyle has refused a request for Chinese officials to be allowed access to Westminster Hall, where Queen Elizabeth II will lie in state until her funeral on Monday, Politico first reported. The refusal comes after [...]
Manchester City’s most successful era now has an asterisk after Premier League hit them with over 100 charges February 6, 2023 Manchester City are facing the threat of expulsion from the Premier League after the English champions were accused of the biggest financial scandal in the competition’s history. City were yesterday charged with more than 100 alleged rule breaches dating back to 2009, including falsely reporting income and the salaries of players and managers, and failing [...]