Four million Russians to lose their jobs due to Western sanctions August 11, 2022 Four million Russians are set to lose their jobs due to the impacts of Western sanctions, according to new research from the Kyiv School of Economics. The sanctions are set to see Russia’s economy contract by up to 9.5 per cent this year, the study shows. High oil and gas prices have shielded Russia from the [...]
Putin launches biggest drone raid on Kyiv since the start of the Ukraine war May 28, 2023 Ukraine’s capital has been subjected to the largest drone attack since the start of Russia’s war, local officials said, as Kyiv prepared to mark the anniversary of its founding on Sunday. Russia launched the “most massive attack” on the city overnight into Sunday with Iranian-made Shahed drones, said Serhii Popko, a senior Kyiv military official. [...]
Evraz shares sink with demerger plans and growing Ukraine tensions February 14, 2022 Evraz's shares have sunk on the London Stock Exchange, dropping 29 per cent on the FTSE 100 amid growing tensions between Russia and the West over Ukraine.
Ukraine’s president Zelensky applies for fast-tracked NATO membership after annexations and nuclear threats September 30, 2022 Ukraine’s president Vlodymyr Zelensky has applied for fast-track application of his country to Nato, after Russia’s illegal annexation of four regions. The head of state issued a statement after a meeting with Kyiv’s national security and defence councils. This comes after Russia’s President Vladimir Putin announced the annexation of eastern-Ukrainian territories of Donetsk, Luhansk, Kherson [...]
In Ukraine, the Middle East is starting to take sides and it could tip the scales October 12, 2022 Historically, the Gulf states have maintained a delicate balance in international conflicts outside of the Middle East and North Africa. This is a formula they adhered to when the Russia-Ukraine conflict broke out in February; keen to remain neutral, Saudi Arabia and the UAE were determined to be passive observers. But that may be changing. [...]
War keeps BAE flying high as military orders flow November 13, 2023 BAE Systems has maintained its bumped-up annual earnings guidance as geopolitical tension keeps demand for military kits soaring.
Inflation: Falling energy bills and price cap helps drive down prices August 16, 2023 Falling energy costs are taming once rampant inflation rates, with the consumer price index rising at its lowest rate since last February.
Total Energies hoovers up £650m dividends from Russian assets October 27, 2022 Total Energies received nearly three-quarters of a billion dollars iin dividends from Russian assets during the first nine months of the year.
Grocery price inflation drops sharply to 12.7 per cent August 15, 2023 Grocery price inflation saw its second sharpest fall since 2008, falling 2.2 percentage points to 12.7 per cent for the four weeks to 6 August, new data shows. While food prices are still rising, some goods actually became cheaper, with shoppers paying £1.50 for four pints of milk, down from £1.69 in March, and a [...]
M&A slumps as war in Ukraine rattles dealmakers March 3, 2022 Global mergers and acquisitions (M&A) slumped 35 per cent last month as Russia’s invasion of Ukraine rattled global financial markets and caused a dealmaking boom to falter.