Mikhail Fridman loses High Court bid over mansion upkeep October 26, 2023 Mikhail Fridman has lost a High Court challenge against UK sanctions after he was refused permission to upkeep a London mansion.
Nissan logs £613m hit as Japanese carmaker exits Russia and shuts factory October 11, 2022 Japanese carmaker Nissan has said it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia’s Central Research and Development Automobile and Engine Institute (NAMI). The sale includes Nissan’s factory and R&D facilities in St Petersburg and its sales [...]
Russia’s war in Ukraine marks ‘sea change’ in use of intelligence, GCHQ boss says December 29, 2022 The conflict in Ukraine has represented a “sea change” in the release of secret intelligence to inform public debate, the head of the GCHQ spy agency has said. Sir Jeremy Fleming said the release of details by western intelligence agencies of the Russian military build-up in the run up to the invasion had helped counter Moscow’s narrative [...]
London floats sink again – but analysts eye buoyant times ahead October 4, 2023 The amount of cash raised on the London Stock Exchange sank again over the past three months as the global IPO market remained hobbled by soaring inflation and roiled public markets.
French Oil Giant TotalEnergies vows to have ‘no future with Russia’ September 29, 2022 TotalEnergies is ramping up investments in a bid to distance itself from Russia. The French oil giant has “no future with Russia”, said Patrick Pouyanné, chairman and chief executive, in a strategy update presented in New York on Wednesday. Instead, it will look more to Qatar and the US while escalating their production of liquified [...]
As Ukraine forces Russia back, they are fighting for our global security as well as themselves September 13, 2022 Ignoring the reality of Russia’s war with Ukraine is not possible, doing so won’t lead to peace and lower prices.
Germany tips into recession and analysts warn economy won’t get much better May 25, 2023 Germany slipped into an official recession over the winter, triggered by family finances being crushed by sky high energy bills, official figures out today show. Revised estimates from the country’s statistics agency, Destatis, revealed gross domestic product (GDP) contracted 0.3 per cent in the first three months of this year. The organisation previously thought output [...]
Naftogaz suffers setback with bondholders rejecting debt freeze proposal July 25, 2022 Naftogaz has revealed its bondholders are set to refuse its two-year debt payment freeze request, alongside a setback from the government.
The stock market may be back in vogue for Britain’s DIY investors December 12, 2023 Brits’ appetite for the stock market has come roaring back in the past month as retail investors pour cash into global equity funds, new data has revealed.
Ericsson to wrap up remaining Russian operations, says local state media August 29, 2022 Ericsson will wrap up its remaining Russian operations by the end of this year, according to local state media. The Swedish telecom equipment manufacturer announced in February, following Russia’s invasion of Ukraine, that it would suspend deliveries to customers in Russia, in line with Western sanctions. Then in April, the company placed its Russian employees [...]