Kremlin cronies face more sanctions while furious Putin fires eight generals: ‘Clusterf**k’ invasion not going well’ March 15, 2022 More family members of Russian oligarchs can expect to be targeted with sanctions, a UK official said this afternoon. The official, asked about the potential to sanction family members of Russian elites, said: “Yes, there is actually quite a wide range, out of the 370, who are family members. “There is a number of members, [...]
Hundreds of thousands of crypto addresses linked to sanctioned Russians March 15, 2022 Several hundred thousand crypto wallets have been linked to Russia-based individuals facing sanctions amid conflict with Ukraine.
Oil prices plunge below $100 per barrel as supply concerns ease March 15, 2022 Oil prices tumbled below $100 for the first time in three weeks with both benchmarks weighed down by multiple geopolitical headwinds.
Sony Music forks out £696m in music catalogue snap ups as icons cash in on mega hits March 15, 2022 Sony spent as much as $911m (£696m) on music catalogue acquisitions in the last 10 months, with more and more artists looking to cash in on their hits.
Retail and construction insolvencies soar against backdrop of supply chain pressures and war in Ukraine March 15, 2022 Soaring material costs have led to a steep rise in insolvencies in the retail and construction industries of almost 50 per cent. The war in Ukraine and its impact on rising fuel prices, brought concerns over supply chains pressures into sharp focus this week, new research from tax and audit specialists Mazars has shown. During [...]
Consensys raises $450m at $7bn valuation March 15, 2022 Consensys, the company behind the Metamask wallet, has doubled its valuation in a matter of months with its latest bumper funding round.
Clarks appoints ex-New Balance boss as new CEO March 15, 2022 Shoe seller Clarks has appointed an ex-New Balance boss as its new chief executive officer. Jonathan Ram will join the retailer in April 2022. Ram’s last gig was group president of global activewear at Hanes Brands and previously spent 16 years at New Balance. Clarks chairman Colin Li, said: “I am pleased to welcome Jon [...]
Return of lockdowns send Chinese shares tumbling March 15, 2022 The re-imposition of draconian lockdown measures in one of China’s main technology and manufacturing hubs to tame an outbreak in Covid-19 cases sent shares in Beijing and Hong Kong tumbling yesterday. China’s top index, the CSI 300, tumbled 4.57 per cent yesterday, taking total losses for the year to date close to 20 per cent. [...]
FCA opens search for head of new crypto division as crime soars March 15, 2022 In a sign that UK regulators are turning the screws on crypto the Financial Conduct Authority is setting up a dedicated division.
Over 100k Brits sign up for Home for Ukraine scheme as refugee crisis continues March 15, 2022 Over 100,000 people have signed up to the government’s Home for Ukraine site, as the UK strengthens its refugee policy for Ukrainians entering the UK. Housing and Communities Secretary Michael Gove said that the UK had a history of “supporting the most vulnerable during their darkest hours”, adding there would be no limit to how [...]