Russian missiles kill two people in Poland – reports November 15, 2022 Russian missiles are feared to have crossed into NATO member Poland, killing two people on Tuesday night, after reports from a senior US intelligence official. Missiles reportedly hit a farm in Przewodów, Lublin, a village near the border with Ukraine, according to Polish media. It was also reported that the missile was “most likely the [...]
Russia launches ‘massive raid’ on Ukraine with 100 missiles hitting cities and cutting off power November 15, 2022 Ukraine has come under a renewed wave of missile attacks from Russia with at least 100 hitting the capital Kyiv after its president addressed the G20. Kyiv, Lviv and Rivne were among western cities targeted by the Kremlin today, in addition to multiple cities in the east and south. Parts of the west were impacted [...]
Frozen Russian assets should act as ‘wake up call’ for UK government, campaigners say November 10, 2022 The billions in Russian assets frozen by UK authorities since the start of the war in Ukraine should act as a “wake up call” to the British government, to ensure it never allows a “kleptocratic regime” access to the country’s economy again, campaigners have said. The record £18.39bn in assets frozen by the UK’s [...]
Former Chelsea owner Roman Abramovich to receive apology from Jersey Police over ‘illegal’ searches November 10, 2022 Roman Abramovich will receive an apology over illegal searches conducted by a Jersey police force, it has been revealed. A court order seen by City A.M. said the force on the Channel Island of Jersey acted illegally when conducting searches at properties reportedly connected to the billionaire in April 2022. The Russian-born Israeli oligarch was [...]
Cypriot PwC partners set up new firm to continue working with Russian clients November 8, 2022 Three ex-partners from PwC’s Cyprus office have left the Big Four accountancy firm to set up a new rival practice in order to continue working with Russian clients. The launch of KiteServe comes after the three ex-PwC partners took early retirement from the Big Four firm in June, after its sanctions policy blocked them [...]
Global food prices drop to lowest levels since invasion of Ukraine November 5, 2022 Global food prices have fallen to their lowest levels since Russia’s invasion of Ukraine, UN data shows. Food prices have fallen back down to levels last seen at the start of 2022, before Russia’s February invasion of the breadbasket of Europe caused food prices to surge, data from the United Nation’s Food and Agriculture Organization [...]
Smaller than expected hit from Hurricane Ian sees Hiscox weather storm November 2, 2022 Anglo-Bermudan insurance company Hiscox today said it had “performed well” in the previous quarter’s complex trading environment after taking a smaller than expected hit from Hurricane Ian. Hiscox said it expects to lose $135m (£117m) as a result of the Category 4 hurricane that made landfall in Florida this September – a sum “well within” [...]
Revolut chief Nikolay Storonsky renounces Russian citizenship October 30, 2022 The head of London fintech giant Revolut has renounced his Russian citizenship amid the Ukrainian government’s decision to sanction his Ukrainian born father over his position at Gazprom’s research arm. Revolut co-founder Nikolay Storonsky Jr previously held both British and Russian passports, but renounced his Russian citizenship in response to the country’s invasion of Ukraine, [...]
Ministers rubbish Russian claims Britain was behind Nord Stream attack October 29, 2022 The Russian defence ministry has accused the British navy of attacking and rupturing the Nord Stream gas pipelines last month, a claim that British ministers described as an attempt to divert attention away from military failures in Ukraine.
Mercedes to exit Russian market after manufacturing suspension October 26, 2022 Mercedes is set to exit the Russian market once and for all after it suspended manufacturing in March as a result of Moscow’s invasion of Ukraine. The car maker said today that, even though it will sell its shares to Russian car dealership Avtodom, the transaction will not impact the group’s financial position or its [...]