Ukraine invasion: markets one step closer to “peak uncertainty” February 25, 2022 | City Talk We’re all shocked and saddened by events in Ukraine. Although we are talking here about the impact on markets, we acknowledge first and foremost that this is a human crisis with potentially awful consequences for millions of people. However, at times like this our clients expect us to stay level headed, which is what we’re [...]
BP under pressure to exit Rosneft stake February 24, 2022 BP is facing intensifying pressure to exit its near 20 per cent stake in Kremlin-backed energy group Rosneft.
War in Europe kills 50 so far: Ukraine begs EU for urgent air defences while Russian Army conquers Chernobyl February 24, 2022 Ukraine is urging the European Union to urgently provide air defence and anti-missile support, and to use “all means” to jam Russian satelitte signals. The plea for help comes as Ukrainian President Volodymyr Zelensky said Russian forces are trying to seize the Chernobyl nuclear plant, site of the world’s worst nuclear disaster. At the same time, Nato [...]
Uefa calls meeting to move Champions League final from Russia February 24, 2022 European football’s governing body Uefa has called an extraordinary meeting for tomorrow morning when it is expected to strip Russia of the Champions League final. St Petersburg had been due to stage the biggest game in club football on 28 May but Russia’s invasion of Ukraine this week has seen pressure on Uefa to move [...]
Commodities rally amid fears of shortages after Russia invades Ukraine February 24, 2022 Aluminium, nickel and zinc have boomed following Russia's invasion of Ukraine, which has boosted long-standing rallies in the materials.
German politicians rule out new gas contracts with Russia amid spiking gas prices February 24, 2022 German politicians rule out new gas contracts with Russia, following the country's invasion of Ukraine, with gas prices spiking amid supply fears.
Invasion of Ukraine: Asian stock markets plunge while oil jumps and all flights ordered to avoid airspace February 24, 2022 Asian stock markets plunged and oil prices surged after Russia’s President Vladimir Putin announced Russian military action in Ukraine. Market benchmarks in Tokyo and Seoul fell 2 per cent and Hong Kong and Sydney lost more than 3 per cent this morning while oil prices jumped nearly 3 dollars (£2.22) per barrel on unease about [...]
MPs call for media watchdog to investigate Kremlin-controlled Russia Today TV February 23, 2022 Foreign Secretary Liz Truss said she thought the media regulator Ofcom would be looking at Russia's state-backed news channel Russia Today, which is broadcast in the UK.
Oil prices steady as supply fears ease February 23, 2022 Oil prices have stabilised after hitting seven year highs, with the West so far avoiding measures that could hit Russian oil and gas.
Foreign Secretary Liz Truss insists UK is ‘inflicting pain’ on Vladimir Putin and his friends February 23, 2022 Foreign Secretary Liz Truss has defended the UK’s “very serious package” of sanctions against Russia, arguing it will be effective in “inflicting pain” on Vladimir Putin. She also said the Government will ramp up punitive measures in the event of a “full-scale invasion” by Moscow. On the current set of sanctions, Ms Truss told Sky [...]