Spain seizes Russian oligarch’s £107m superyacht March 15, 2022 A $140m (£107m) superyacht owned by Russian oligarch Sergei Chemezov has been taken by Spanish authorities. The vessel’s seizure was announced by its Prime Minister Pedro Sanchez, who said “there will be more” to come, with two yachts docked in Barcelona owned by non-sanctioned oligarchs, being monitored. Luxury boats linked to Russian oligarchs have been [...]
Maersk to stop buying Russian oil to fuel vessels March 15, 2022 Maersk has stopped buying Russian oil for its cargo fleet following the country's invasion of Ukraine, revealed the company's chairman.
Justice in Russia: Journalist who crashed country’s state news show dragged to court the day after March 15, 2022 A Russian journalist who interrupted a state broadcast with a sign saying it was “lying” about the war in Ukraine, has now appeared in court the following day. Lawyers for Marina Ovsyannikova accompanied her to court, after saying she had been “imprisoned for more than 12 hours” with no contact. Ovsyannikova was detained after the [...]
Volkswagen’s output into question as Ukrainian wire harnesses become biggest supply chain issue March 15, 2022 Volkswagen’s output for 2022 could be in danger as a shortage of Ukrainian wire harnesses became the group’s biggest supply chain issues, chief executive Herbert Diess said. “The war in Ukraine has put our existing outlook into question,” Diess said yesterday morning during a press conference. He added that commodity markets are expected to remain [...]
Tennis No1 Medvedev should renounce Putin to play at Wimbledon, says sports minister March 15, 2022 Daniil Medvedev, the Russian current world No1 men’s tennis player, should be asked to renounce Vladimir Putin before being allowed to play at Wimbledon, sports minister Nigel Huddleston has said. Huddleston said international measures against Russian athletes should go beyond merely banning national teams and those individuals who compete under the Russian flag. “We need [...]
Imperial Brands offloads Russian business following boycott March 15, 2022 Maker of JPS and Winston cigarettes Imperial Brands has said it will offload its Russian operations to a local operator following last week’s announcement that it would be suspending all operations in the country following the Ukraine invasion. The Rizla-owner said that it had begun negotiations to transfer its assets and operations in Russia, and said: “We believe that, in the [...]
Hard to Believe: Music giant which worked with Slayer and Björk will keep operating in Russia, and advises artists how to get around ban March 15, 2022 A French music giant has vowed to continue its operations in Russia, and even advised its partners how to work around sanctions. The ‘Believe’ group, which has worked with acts including Björk and Slayer, also has a UK arm, reportedly sent a newsletter last week to its partners in Russia, according to The Guardian, which [...]
‘They are lying to you’: Watch as millions of Russian jaws drop after woman interrupts live news broadcast in Moscow March 15, 2022 There was outrage, confusion and disbelief across Russia last night as a woman interrupted the main news program on state broadcaster Channel One with an anti-war banner. Tens of millions of ordinary Russians who had tuned in for the daily news broadcast saw how a woman appeared on their screens with a sign that said [...]
Our businesses have been built by industrious refugees seeking a new future March 15, 2022 Exactly a hundred and forty years ago, a refugee fled eastern Europe fearing for his life. On arriving in Britain, Michael Marks began selling food from a stall in the Kirkgate Market in Leeds. Two years later, after meeting Thomas Spencer, the pair set up Marks and Spencer. Now it is one of Britain’s most [...]
Prime Minister Boris Johnson confirms support for North Sea oil and gas industry March 14, 2022 Prime Minister Boris Johnson gave his backing to the North Sea oil and gas industry as the UK looks to ensure supply security.