Moscow plots retaliation following EU blacklisting of 21 Russian airlines April 12, 2022 Moscow’s aviation regulator said it was planning countermeasures after the EU Commission banned 21 Russian airlines from operating. The Rosaviatsia said Brussels’ decision attested to a “policy of discrimination and violation of international aviation law,” which is expected to bring about “response measures” from Moscow’s side. The EU Commission announced yesterday it had added a [...]
AXA IM bets big on metaverse with launch of dedicated fund April 12, 2022 AXA Investment Managers (AXA IM) has launched a metaverse fund to invest in companies exploring virtual reality.
OPEC warns of global supply shock if EU sanctions Russian oil April 12, 2022 OPEC has warned the European Union sanctions on Russian fossil fuels could create one of the worst global oil supply shocks in history.
How long can Russia withstand the sanctions? April 12, 2022 In response to its invasion of Ukraine, Russia has been targeted with severe economic sanctions. How impactful will they be? We have yet to see a serious, data-driven analysis. Some predict the embargo will initiate a Russian financial collapse very quickly, while others expect it will constitute more of a long and slow drag on [...]
Cybersecurity: Opportunities – and Challenges – for UK TMT M&A April 12, 2022 Cybersecurity is expected to be the biggest challenge and opportunity facing technology, media, and telecommunication (TMT) mergers and acquisitions professionals (M&A) in 2022, according to new research by Datasite, which surveyed 200 senior UK M&A professionals. The survey found that 54% of UK CEOs and 46% of senior M&A professionals said that cybersecurity presents the best [...]
Ladbrokes owner Entain scores record number of bets at ‘fairytale’ Grand National April 12, 2022 Ladbrokes owner Entain has reported a record-breaking number of bets on Saturday’s Grand National at Aintree, with over 20,000 bets-per-minute placed in the run up to the race.
Morrisons slapped with ‘speculative’ rating after takeover leaves chain saddled with debt April 12, 2022 Morrisons has been slapped with a ‘speculative’ rating by a top credit agency after the private equity takeover of the chain last year left it saddled with debt.
35 per cent of Brits admit bulk buying amid war and inflation shortage fears, report claims April 12, 2022 Warnings have been made against claims of stockpiling food after a report claimed 35 per cent have bulk bought items recently. Consumers are reportedly purchasing items in scenes reminiscent of the start of the pandemic, amid concerns about falling production for items such as wheat and oil, impacted by the war in Ukraine. Items such [...]
EasyJet says vetting delays contribute to staff shortages April 12, 2022 EasyJet’s chief executive Johan Lundgren said delays in the vetting of new staff, instead of recruitment issues, were one of the contributing reasons behind the airline’s staff shortage. Lundgren told journalists this morning the airline had already recruited most of the new staff needed and was currently waiting for candidates to be approved by the [...]
Titanic shipyard wins Cunard and P&O cruise liner contracts April 12, 2022 The Belfast shipyard which built the Titanic has won maintenance contracts from Cunard and P&O Cruises.
