Russia sanctions under spotlight in landmark case with Abramovich ally Legal UK Russian sanctions will be under the scope at the Supreme Court today as Eugene Shvidler seeks to remove the sanctions against him
EY UK sanctioned for breaching fee cap with Abramovich-owned Russian miner Evraz Legal EY has been issued a financial sanction by the accountancy regulator for failing to comply with fee cap with Russian mining group Evraz.
Roman Abramovich: Ex-Chelsea owner loses legal bid against EU over Putin sanctions SANCTIONS Abramovich had filed a lawsuit at the EU’s general court against the European Union Council, which imposed the punishment on the oligarch.
Polymetal shares plummet 30 per cent as miner weighs up London exit to ‘Russian-friendly’ Kazakhstan January 25, 2023 Shares in Polymetal International have nosedived 29.2 per cent on the London Stock Exchange this afternoon.
Truphone sale jeopardised, founder puts in last-minute bid to buy back company December 19, 2022 A last minute bid from Alexander Straub, has jeopardized the sale of Truphone. Straub is one of the founders of Truphone. The company is a GSMA accredited global mobile network headquartered in London that operates its service internationally. It has an annual revenue of £45.62 m. Shares in the company were put up for a [...]
Evraz profits plunge 99.5 per cent as sanctions hit August 4, 2022 Russian steel giant Evraz saw its profits fall by 99.5 per cent in the first half of the year after sanctions were slapped on the firm in May and demand for its products dried up.
Government approves £4.25bn sale of Chelsea May 25, 2022 The government has given its approval to a £4.25bn takeover of Chelsea by a US consortium, concluding a two month saga at the West London club.
Richest chancellor in history: Rishi Sunak and wife Akshata Murty enter UK Rich List with £730m fortune May 20, 2022 Chancellor Rishi Sunak and his wife Akshata Murty have made this year’s Sunday Times Rich List – for the first time – with their joint £730m fortune as Russian billionaires tumbled down this year’s rankings. It comes after the Chancellor and his wife’s finances have come under intense scrutiny in recent months. Last month, it [...]
China supply fears send London’s top indexes tumbling March 15, 2022 Fears over a possible slowdown in Chinese production caused by Beijing locking down one of the country’s top manufacturing hubs amid an outbreak in Covid-19 cases sent London’s top indexes lower yesterday. The capital’s premier FTSE 100 index dropped 0.25 per cent to 7,175.70 points, while the domestically-focused FTSE 250, which is more aligned with [...]
Russia-Ukraine talks boost London’s top indexes March 14, 2022 Reports of progress in talks between Russia and Ukraine boosted London’s top indexes today. The capital’s premier FTSE 100 index jumped 0.53 per cent to close at 7,193.47 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, soared 1.31 per cent to 20,471.25 points. Negotiations between [...]