Yes, Putin genuinely believes Russia is winning war in Ukraine, says Austria’s leader after tea at the Kremlin April 17, 2022 Vladimir Putin is genuinely convinced he is winning the war in Ukraine as the Russian president is “in his own war logic” over Ukraine, Austria’s chancellor said after a visit to the Kremlin. Karl Nehammer told NBC in an interview that he thinks Mr Putin believes he is winning the war. The politician was the [...]
Russian oligarch backed fund LetterOne files lawsuit against private equity firm that cut ties following war in Ukraine July 7, 2022 The Luxembourg headquartered investment fund founded by sanctioned Russian oligarchs Mikhail Fridman and Petr Aven has filed a lawsuit against the London private equity firm that manages $5bn (£4.2bn) of it’s money. Multi-billion-dollar investor LetterOne is taking legal action against Pamplona Capital Management, in calling on the private equity firm to open its books, after [...]
Soft drink giant Fever Tree highlights short term cost ‘uncertainty’ amid war in Ukraine March 16, 2022 Beverage maker Fever Tree has said Russia’s invasion of Ukraine has caused “significant uncertainty” for short term costs. Tim Warrillow, co-founder and CEO of Fever-Tree, said the war in Ukraine had “resulted in significant uncertainty in relation to our input costs in the short term.” UK revenue leaped 15 per cent in full year results [...]
The West’s tech export ban could crush Russia and Putin’s war against Ukraine March 2, 2022 AS UKRAINE was plunged into war its allies around the world hurried to put together punitive packages of sanctions in retaliation. The Prime Minister Boris Johnson this week announced he’s planning to bring forward a bill in Parliament that will effectively cut Russia off dual-use technologies critical for its defence sector. President Biden has also [...]
Chicken boss warns food prices could rise 15 per cent this year amid war in Ukraine March 14, 2022 A food industry leader has warned prices could rise up to 15 per cent this year as a result of Russia’s invasion of Ukraine. 2 Sisters CEO Ronald Kers told the BBC’s Today programme it had already been forced to pay 50 per cent more for the chicken it receives from farms. Russia and Ukraine [...]
BAE Systems’ order backlog hits record levels as global defence spending booms February 21, 2024 BAE Systems enjoyed a record year for new orders in 2023, as defence spending boomed in the wake of the war in Ukraine and rising geopolitical tensions.
Wizz Air forecasts up to €652m loss after Covid rules and war in Ukraine dent air travel demand April 14, 2022 Budget airline Wizz Air said it anticipates a net loss of between €652m and €632m, as air travel demand was restrained by Covid and war in Ukraine. The airline anticipated a reported net loss for the full year while its fourth quarter operating result is expected to be within a range of a loss of [...]
Ukraine is a real life learning curve of the price of modern war and defence January 16, 2023 The war in Ukraine is a distinctive representation of conflict in today's world. We have to look closely at our role in supporting Kyiv to understand the price and lessons of modern war, writes Eliot Wilson
TP Icap stock surges 10 per cent on energy market boom March 12, 2024 TP Icap cited the "improved market activity across oil, power and gas," due to the disruptions caused by the war in Ukraine, which pushed up trading activity.
How It Works: How drone technology is helping Ukraine fight its war May 2, 2024 In this week's episode of How It Works, City A.M.'s media, tech, and telecoms reporter Jess Jones sits down with Ricardo Mendes, the chief executive of the aerospace company Tekever.