Aircraft leasing market could oust Russia beyond Ukraine conflict, lessor says March 29, 2022 Russian airlines could be ousted from the aircraft leasing market well after the end of the Ukraine conflict, said today the world’s second-largest leasing company Avolon. According to the Dublin-based company’s chief executive Domhnal Slattery, the predominantly Irish leasing sector could oust Moscow following the Kremlin’s decision to re-register aircraft as part of its anti-sanctions [...]
Oil prices plummet as Russia-Ukraine peace talks show signs of promise March 29, 2022 Oil prices nosedived on Tuesday afternoon across both major benchmarks - extending losses from the previous day.
UK Government seizes Russian-owned £38m super yacht in Canary Wharf March 29, 2022 The UK seized a £38m Russian-owned super yacht in Canary Wharf, transport secretary Grant Shapps said today. Officers from the National Crime Agency issued a detention order after they uncovered the owner’s identity despite it being “deliberately well hidden.” Named Phi, the vessel was built in the Netherlands and carried a Maltese flag while the [...]
Polymetal weighs up Russian demerger after Ukraine invasion March 29, 2022 Polymetal International has confirmed it is "evaluating various options that could maximise shareholder value following a difficult trading period.
Sir Tim Clark says Emirates will continue flying to Russia until told otherwise March 29, 2022 Emirates will continue flying to Russia until told otherwise, the airline’s chief executive Sir Tim Clark said this morning. Since the conflict’s outbreak, the UAE Government – who also owns Emirates – decided not to take sides between Western countries and Moscow, using Emirates aircraft to carry out humanitarian goods and diplomats in and out [...]
Rishi Sunak under pressure over wife’s ‘blood money’ through family firm still operating in Russia March 29, 2022 Rishi Sunak has been criticised by a Ukrainian MP over his wife’s family firm – which is still operating in Russia. Akshata Murthy, who is married to the chancellor of the exchequer, has been accused of collecting millions in “blood money” dividends. Her estimated 0.91% stake in Infosys, which was founded by her father Narayana, [...]
‘Cold welcome and no handshakes’: Russian and Ukrainian delegations meet for ceasefire talks in Turkey, attended by Abramovich and Erdogan March 29, 2022 There were “no handshakes” as Russian and Ukrainian officials met in Turkey for ceasefire talks, attended billionaire oligarch Roman Abramovich and president Erdoğan. Delegations for the two countries gathered in Istanbul, with Turkish leader Recep Tayyip Erdoğan pictured speaking to the Chelsea owner. A video also appeared online of the Russian businessman, who has alleged [...]
Kwarteng targets trebling of solar power capacity as part of renewable ramp up plans March 29, 2022 Business Secretary Kwasi Kwarteng backs renewable ramp up to ensure secure energy supplies, despite concerns over community backlash.
OEUK warns of overseas fossil fuel dependence as Norway becomes UK’s main gas supplier March 29, 2022 OEUK has revealed the UK could have to rely on external suppliers for 80 per cent of gas supplies and 70 per cent of oil by 2030.
From devoted nun to ruthless killer: Ukraine claims to have captured Bagira, Russia’s most feared and admired sniper March 29, 2022 Ukraine claims to have captured Russia’s most famous female fighter after she was wounded and left behind by her unit, according to various reports in Serbia and Eastern Europe. Danijela Lazović, better known as Bagira or Irina Starikova, a household name in Russia, was reportedly captured by Ukrainian forces after she was unable to flee, [...]