What is the coronavirus and how dangerous is it? March 2, 2020 Since it emerged in China at the turn of the New Year, a deadly new strain of coronavirus has spread across the world and claimed hundreds of lives. The number of coronavirus cases globally is nearing 90,000, with fears of a possible pandemic. Read more: 14 Diamond Princess passengers evacuated to US test positive for [...]
Saudi Arabia and Russia defy Trump’s calls for oil production boost September 23, 2018 Saudi Arabia and Russia have defied Donald Trump's calls for an immediate production boost to reduce oil prices. The Organization of the Petroleum Exporting Countries (Opec) and non-Opec oil producers met on Sunday to discuss oil production quotas in the wake of US sanctions on Iran. Opec's leader Saudi Arabia has moved to calm fears [...]
Court short: Will Brexit loosen the UK’s legal grip? December 2, 2018 Last Thursday, Russian oligarch Oleg Deripaska squared off against a fellow Russian businessman Vladimir Chernukhin in court 15 of London’s Rolls Building, while in court 28 two Romanian oil companies went toe-to-toe, and in Court 19 a Russian bank litigated against some of its former shareholders. London has developed into a pre-eminent international dispute resolution [...]
Oil prices hit four-year high after Opec defy Trump’s calls for production boost September 24, 2018 Oil prices have hit a four-year high after Opec ruled out a production increase and analysts predicted it would continue to rise towards $100 per barrel. Brent Crude Oil reached $81.17 per barrel, up more than 2 per cent, on Monday – its highest since 2014 – after Saudi Arabia and Russia led the way [...]
Washington to impose additional Russian sanctions on Monday following Novichok attack August 24, 2018 US sanctions on Russia, retaliation for the Salisbury nerve agent attack, are to take effect on Monday. Washington announced that it is to limit foreign assistance to humanitarian means only, terminate arms exports and prevent the issuance of credit from any US government entity. Items deemed sensitive to national security are also to be prevented [...]
Visas for super rich investors scrapped amid crackdown on money laundering December 6, 2018 The government will suspend golden ticket investment visas, which allow non-EU nationals to stay in the UK if they invest £2m, amid a crackdown on organised crime. Just buying into UK companies, or buying government bonds, will no longer be enough for Russian oligarchs, Middle Eastern oil barons and other super rich investors to stay in the UK. The [...]
Russian oil major Tatneft celebrates 20 years of being quoted on the London Stock Exchange December 12, 2016 Russian oil major Tatneft will open the London Stock Exchange this morning to celebrate 20 years of being quoted in London. Over that period the total shareholder return of the group, which has a market cap of around £10bn, over that period has been just shy of 1,900 per cent. This means a pound invested [...]
Robert Kubica’s road back to Formula One has been filled with setbacks and pain November 22, 2018 It has been a long and difficult road for Robert Kubica but he has finally achieved his dream of returning to the Formula One grid, having been offered a seat at Williams for the 2019 season, more than eight years since he last raced in the series. The 33-year-old has missed what could be considered [...]
Roman Abramovich accused of money laundering and crime links by Swiss police September 25, 2018 Chelsea football club owner Roman Abramovich has been forced to deny an explosive allegation that he was known for “suspicion of money laundering and presumed contacts with criminal organisations”. The billionaire Russian, who was unable to obtain a UK visa, lost a seven-month battle against a Swiss newspaper publisher to stop the allegations, reportedly made [...]
Putin admits he wanted President Trump to win the US election, as Trump attacks the FBI investigation into alleged Russian interference | City A.M. July 16, 2018 After a one-on-one meeting today in Helsinki, Russian President Putin admitted that he was rooting for Trump to win the 2016 US election, while both men denied any foreign interference in the election’s outcome. “I wanted Trump to win because he spoke about normalising Russian relations,” Putin said in a post-meeting press conference. He added [...]