Spectris abandons Oxford Instrument takeover bid amid Ukraine conflict volatilty March 7, 2022 UK precision equipment manufacturer Spectris announced it had abandoned its takeover bid for microscope-maker Oxford Instruments today, citing the market volatility sparked by Russia’s invasion of Ukraine.
Barclays and Legal & General under fire for investing billions in arms companies March 4, 2024 Barclays and Legal & General have come under scrutiny for being among the top 10 major European investors in arms companies, both investing billions in the sector every year.
Putin ally Medvedev says UK officials are ‘legitimate targets’ due to Ukraine support May 31, 2023 British public officials are a “legitimate military target” because of the UK’s support for Ukraine, former Russian president Dmitry Medvedev has warned. Mr Medvedev, deputy chairman of Vladimir Putin’s security council, claimed the UK’s support for Kyiv amounted to an “undeclared war” against Russia. His comments came after Foreign Secretary James Cleverly said Ukraine had [...]
Russia bans managing partner of City firm Fieldfisher for Kremlin sanction work April 19, 2024 The Foreign Ministry of Russia has banned several British lawyers from Fieldfisher including the firm's managing partner for their role in applying the mechanism of sanctions against the country
Will the shocks of war end the global deals boom? March 9, 2022 London dealmaking showed the first strains of war this week as precision manufacturer Spectris abandoned its takeover bid for microscope-maker Oxford Instruments, citing volatility sparked by Russia’s invasion of Ukraine.
XTX Markets billionaire founder almost doubles his wealth in a year August 22, 2023 Alex Gerko, founder of XTX Markets, has nearly doubled his net worth in just one year, according to the latest Bloomberg Billionaires Index. The 43-year-old, who launched the London-based proprietary trading and market-making business in 2015, is now worth £8.5bn following a bumper year for the business. In June, it was reported that revenue from [...]
President Joe Biden to land in UK amid cluster bombs row over Ukraine July 9, 2023 President Joe Biden is set to land in the UK today amid an international row over the US supplying cluster bombs to Ukraine. The trip, which the White House hopes will “showcase the president’s leadership on the world stage”, is expected to be dominated by the weapons and Ukraine’s potential NATO entry. Biden has committed [...]
Modi and India stop G20 calling Putin’s war in Ukraine a ‘war’ February 25, 2023 There is concern amongst rich nations about being unable to call a war started by Vladimir Putin just that, due to splits between global powers G20 finance chiefs have been unable to reach a consensus on describing the war in Ukraine and are likely to end a meeting in India on Saturday without a joint [...]
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 [...]
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