Furious En+ chairman hits back at Bloomberg for ‘wrong article’ on US sanctions October 17, 2022 Christopher Burnham, chairman of En+ Group, generally considered the world’s leading producer of low carbon aluminium and hydropower, has hit back at media giant Bloomberg. Its news site ran an article on 12 October making a series of allegations with regards to En+ Group’s relations to Russia and sanction compliance, which City A.M. won’t repeat [...]
Moscow’s elite in shock as another close Putin ally suddenly dies: Gazprom ‘wonderkid’ and Kremlin insider Nikolay Petrunin is no more October 17, 2022 Rumours are flying in Moscow today as it has emerged that another one of Vladimir Putin’s close allies has suddenly dies. Nikolay Petrunin, a 46-year-old Russian multimillionaire and a close confidant of the Russian president, is no more. The official reason by authorities was that the Gazprom executive has died as a result of complications [...]
Nissan logs £613m hit as Japanese carmaker exits Russia and shuts factory October 11, 2022 Japanese carmaker Nissan has said it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia’s Central Research and Development Automobile and Engine Institute (NAMI). The sale includes Nissan’s factory and R&D facilities in St Petersburg and its sales [...]
FTSE falling short on communications, PR lobby warns October 7, 2022 Liz Truss has faced widespread criticism over her communication failures as markets have crashed in the wake of her “mini-budget”. However, the PR industry’s trade body has said FTSE 100 companies are also falling short on communications, in warning the UK’s top firms lack comms expertise at senior levels. Research by the Chartered Institute of [...]
Lloyd’s of London investigates possible cyberattack October 6, 2022 Lloyd’s of London has launched an investigation into “unusual activity on its networks” that could possibly be linked to a cyberattack. The centuries-old insurance marketplace said it has “turned off” all external connectivity and has begun “resetting the Lloyd’s network and systems” as a “precautionary measure,” whilst it investigates the possible hack. “We have informed [...]
Ukraine recaptures strategic territories in south and east as pressure mounts on Putin’s army October 5, 2022 Ukrainian forces continued to make massive gains across the south and east this week, liberating a number of key villages and putting increasing pressure on President Putin’s army. In his Tuesday evening address, Ukraine’s President Volodymyr Zelensky said the villages of Lyubymivka, Khreshchenivka, Zolota Balka, Bilyaivka, Ukrainka, Velyka Oleksandrivka and Mala Oleksandrivka had all been [...]
Sweden suspect “gross sabotage” of Nord Stream pipelines in the Baltic Sea October 4, 2022 Sweden closed the area around the ruptured Nord Stream pipelines yesterday as their prosecution authority called it a “crime scene” amid speculations of foul play. “Suspected gross sabotage” led Swedish prosecutor Mats Ljungqvist and the coast guard to ban divers and marine vessels, including underwater vehicles, from being within 5.8 miles of the leaks. On [...]
UK blocks Russia from buying professional services following annexation of Ukrainian regions October 3, 2022 The UK has placed new sanctions on Russia, blocking its citizens and businesses from purchasing an array of services from British firms, over the Kremlin’s decision to annex four regions of Ukraine. The new sanctions seek to further damage Russia’s economy by hindering the country’s access to IT consultancy, architectural, engineering, accounting, and commercial legal [...]
Ukraine’s president Zelensky applies for fast-tracked NATO membership after annexations and nuclear threats September 30, 2022 Ukraine’s president Vlodymyr Zelensky has applied for fast-track application of his country to Nato, after Russia’s illegal annexation of four regions. The head of state issued a statement after a meeting with Kyiv’s national security and defence councils. This comes after Russia’s President Vladimir Putin announced the annexation of eastern-Ukrainian territories of Donetsk, Luhansk, Kherson [...]
Putin declares four regions of Ukraine part of Russia as nuclear warnings rumble September 30, 2022 Russian President Vladimir Putin has declared four Ukrainian regions part of Russia, amid renewed warnings the Kremlin may use a strategic nuclear weapon. In a ceremony at the Kremlin, the authoritarian leader announced that Donetsk, Luhansk, Kherson and Zaporizhzhia would be subsumed by Russia, following four ‘referendums’, which were widely declared as illegal and a [...]