Explainer: How Russia is dodging oil sanctions and what the West is doing about it January 13, 2024 G7 sanctions are slowing Russia's oil industry but the sanctions are not having the desired effect
Short seller issues fresh warning to Labour MP after suggesting Kremlin links April 27, 2023 Labour MP Liam Byrne has come under fresh pressure from City short-seller Fraser Perring today after failing to cough up evidence for his allegations the investor was acting on behalf of the Russian state.
EU spent £4.5bn buying HALF of Russia’s LNG supplies… despite pledge to wean West off Kremlin August 30, 2023 European Union countries spent over £4.5bn buying over half of all Russia's LNG supplies during the first seven months of this year.
Germany chases Canadian LNG to stave off supply shortages this winter August 23, 2022 Germany is targeting Canadian liquefied natural gas to help ease its shift away from Russian gas imports this winter.
London Market insurers seeking to relocate an aviation case to war-torn Ukraine March 18, 2024 The companies have had several aircraft damaged or destroyed in Dnipro International Airport and Boryspil International Airport following missile attacks as a result of the war.
Stop the boats? Russia warships tracked by RAF and Royal Navy after sailing through English channel August 31, 2023 Royal Navy warships and RAF patrol aircraft have tracked a series of Russian warships as they travelled close to the UK including through the English Channel. HMS Tyne, HMS Portland and P8 Poseidon aircraft from RAF Lossiemouth carried out the monitoring operation of the Russian navy movements in waters close to the UK including in [...]
Wagner group rebellion call marks ‘most significant challenge’ to Russia – MoD June 24, 2023 An armed rebellion led by the Wagner mercenary group marks “the most significant challenge to the Russian state” in recent times, according to UK defence officials. Russian President Vladimir Putin called the actions of the private military company a “betrayal”, after its chief Yevgeny Prigozhin vowed to topple Moscow’s military leadership. In its latest intelligence [...]
London-listed Mondi leaves Russia after agreeing to sell biggest paper mill September 18, 2023 UK paper and packaging giant Mondi has agreed to sell its largest Russian plant for around 775 million euros (£668 million) to a Moscow-based property development group. Mondi’s share price jumped by nearly five per cent on Monday morning after it unveiled the deal involving Syktyvkar, its last remaining plant in Russia and the country’s [...]
Precious metal price surge boosts Russian miner Polymetal March 3, 2021 Russian miner Polymetal today said that earnings hit a record high in 2020 as surging precious metal prices boosted the firm’s profit. The FTSE 100 firm said that earnings reached $1.1bn last year, up from $483m in 2019. In addition, revenue jumped 28 per cent to $2.9bn. A combination of higher production volumes, higher commodity [...]
JCB defends supplying Russia after Ukraine invasion May 15, 2024 JCB has come out swinging after it was revealed it had continued to supply equipment for Russia despite Vladimir Putin’s invasion of Ukraine.