Ukraine’s Naftogaz says Russia told to pay $5bn for seizing Crimea assets April 13, 2023 Naftogaz revealed Moscow had been ordered by an arbitration court in The Hague to pay $5bn compensation for unlawfully expropriating assets.
Deutsche Bank ‘de-risking’ Russian IT operations April 12, 2023 Deutsche Bank is looking for ways to minimise business disruption as it reduces risks from its Russian technology operations in line with the law, Germany’s biggest lender said on Wednesday. The comments by a bank spokesperson followed a report in the Financial Times that the bank was winding down its remaining software technology operations in Moscow [...]
Liz Truss to criticise high taxes and warn of authoritarian ‘threat’ April 11, 2023 Liz Truss is to renew her advocacy of low taxes in a speech questioning whether western nations are “match fit to take on China”. Britain’s shortest-serving prime minister will suggest the 1980s “Anglo-American” economic model of increased privatisation and limited government is being “strangled into stagnation” in the latest leg of her comeback to the [...]
Glencore sweetens Teck takeover bid with cash option to sway shareholders April 11, 2023 Glencore proposed introducing a cash component to its $22.5bn bid for Teck Resources and urged its board to delay an impending vote.
GCHQ: MI5 to appoint first female spy chief in its 100-year history April 11, 2023 A woman will become the boss of GCHQ for the first time in its more than 100-year history when the current director steps down next month. Foreign Secretary James Cleverly announced that Anne Keast-Butler has been appointed to succeed Sir Jeremy Fleming as head of the government’s intelligence organisation. Keast-Butler, currently MI5’s deputy director-general, will [...]
Saudi Arabia maintains crude supply to Asian refiners despite OPEC+ cuts April 10, 2023 State oil giant Saudi Aramco will supply full crude contract volumes loading in May to several North Asian buyers.
Royal Navy’s Type 31 frigate could be ‘significantly delayed’ April 8, 2023 The Royal Navy could see delivery of its Type 31 frigates significantly delayed, a union has warned, as workers at a Scottish yard are poised to down tools for weeks in their battle for higher pay. Around 100 workers at the Rosyth yard employed by contractor Kaefer are set to strike after overwhelmingly supporting industrial [...]
Four-day junior doctor strike could impact ‘patient safety’ April 8, 2023 Up to a quarter of a million appointments and operations could be postponed due to four days of strikes by junior doctors, the NHS Confederation has warned, amid fears over patient safety. Dr Layla McCay, director of policy at the confederation, said health bosses were more concerned about the impact of the latest walkout – [...]
China sends warships and jets towards Taiwan April 8, 2023 China has sent warships and dozens of fighter jets towards Taiwan, the island’s government said. The move came in retaliation for a meeting between the US House of Representatives speaker and the president of the self-ruled island democracy claimed by Beijing as part of its territory. The Chinese military announced the start of three-day “combat [...]
Thornberry defends Labour attack ad on Sunak April 8, 2023 Labour frontbencher Emily Thornberry has defended a party attack ad claiming Rishi Sunak does not think child sex abusers should go to prison. The shadow attorney general acknowledged there has been a lot of criticism, including that the social media message is “racist”, but she said the critics are “wrong”. Figures on Labour’s left have [...]