Not a good morning for Putin: 500 Russian soldiers killed, rouble crashes, bankrun in Moscow, Russia kicked out of SWIFT February 28, 2022 Tens of thousands of Russians are trying to take out cash across the Russian capital of Moscow, while the Russian rouble is down by nearly 30 per cent cent against the US dollar this morning after Western nations moved to block Russian banks from the SWIFT global payment system. The rouble was trading at a [...]
Exclusive: Nearly three quarters of UK tech leaders are concerned regulation will halt M&A in 2022 February 28, 2022 New data has revealed that 73 per cent of senior tech, media and telecoms professionals in the UK are concerned about regulatory activity increasing and impacting their ability to carry out deals in 2022.
BP ditches stake in Rosneft after Russian invasion of Ukraine February 27, 2022 BP will ditch its near 20 per cent stake in Kremlin-backed energy giant Rosneft, following Russia's invasion of Ukraine.
Key Yamal-Europe pipeline flows towards Russia again February 27, 2022 Russia’s Yamal-Europe gas pipeline is flowing eastwards away from Europe yet again, after short intermittent westbound flows according to data from German network operator Gascade. It had shipped gas in normal mode – westbound, from Poland to Germany – for around 10 hours overnight, mostly at a scale of 12.6 million kWh/h. According to renominations, [...]
Weekend Exclusive: Lloyds banker turned charity guru Bernie Hollywood OBE on mental health in the City February 27, 2022 Londoner Bernie Hollywood OBE spent nearly a decade as a corporate banker at Lloyds Banking Group’s HQ at 25 Gresham Street in the City. These days, he is determined to make a difference: next year, the 63-year-old is rowing the Atlantic to raise funds for youth mental health. City A.M. caught up with him to [...]
Viral invasion: Russia restricts Twitter usage with eyes on Facebook next February 26, 2022 The Kremlin has blocked Twitter usage across Russia following clashes over “censorship”, with Facebook likely to face the same fate. Twitter Support tweeted this afternoon that it was aware it was being “restricted”. Whilst Russia’s communications regulator Roskomnadzor made no official statement that it has in fact blocked the social media giant, users and internet [...]
Convenience chain McColl’s battles administration fears February 26, 2022 Convenience store chain McColl’s Retail Group is gearing up to find a buyer as the struggling company nears collapse. As first reported by Mark Kleinman for Sky News, the group have called in advisers to help find a bidder, and are exploring third party options, who may be willing to invest further capital. McColl’s trades from [...]
UK government: Kyiv still in Ukrainian hands as Russia fails to capture day one targets February 26, 2022 UK Armed Forces Minister James Heappey said this morning that Russian forces have not captured the southeastern Ukrainian city of Melitopol and armoured columns advancing on the capital Kyiv have been held up by Ukrainian resistance. Speaking to BBC’s Today programme, he said: “What stands in front of Ukraine is days and weeks of utter [...]
Labour MP receives death threats calling her ‘Putin’s whore’ February 26, 2022 A Labour MP has received death threats following her involvement in a Stop the War statement that criticised NATO expansionism, alongside 11 current Labour MPs. The Stop the War coalition “condemns the movement of Russian forces into eastern Ukraine and urges that they immediately withdraw, alongside the resumption of diplomatic negotiations to resolve the crisis”. Zarah Sultana, [...]
Crypto AM Daily in association with Luno February 25, 2022 The week in review With Jason Deane I have to admit to being a little emotional writing today’s update as the screens around my desk constantly stream updates from Ukraine, some from mainstream media and some from Twitter. This scene of a father leaving his kids to fight broke me completely. It’s unverified, but that [...]