Gold smashes $2000 barrier as investors rush for steady ground March 7, 2022 Gold prices surged to their highest level since August 2020 today as investors rushed for steady ground amid another day of global market turmoil.
Gas prices soar to £8 per therm as West weighs up sanctions targeting Russian energy supplies March 7, 2022 Natural gas prices in the UK and Europe have rocketed from already-record highs, peaking at a staggering £8 per therm earlier today.
Seraphim Space appoints UBS and HSBC finance veteran as COO March 7, 2022 Seraphim Space has appointed a former UBS director as its new chief operating officer, as the space technology fund manager looks to broaden its horizons following significant growth. Sarah Shackleton, who joins from London-based private equity firm Development Partners International (DPI) where she was partner, brings veteran-level experience to the role after being embedded in the [...]
Russia to be hit harder than West from impact of sanctions on trade March 7, 2022 Russia will be hit harder in the long term than the West from the impact of sanctions on global trade, said German think tank the Kiel Institute for World Economy. According to a model simulation published alongside the Austrian Institute of Economic Research (WIFO), a trade war with the West – US and Europe – [...]
Fantom recovers losses as chief executive soothes investor fears March 7, 2022 Fantom's chief executive has reassured investors after two of the project's best known developers announced their exit.
Anonymous hack Russian TV urging public to oppose Ukraine invasion March 7, 2022 The notorious hacker group Anonymous hacked Russian streaming services last night, including the live TV channels Russia 24, Channel One, and Moscow 24. Taking control of the channels, the group showed clips of the Russian invasion of Ukraine. “The hacking collective #Anonymous hacked into the Russian streaming services Wink and Ivi (like Netflix) and live [...]
Copper lands experienced financial services chief as COO March 7, 2022 London-based Copper.co - a provider of digital asset custody and trading infrastructure - today announced the appointment of Sabrina Wilson as Chief Operating Officer.
Asset manager Carmignac announces plans to scrap Russian investments March 7, 2022 French asset management firm Carmignac announced today it would scrap its Russian investments and not invest any further in Russian firms, as asset managers scramble en masse to sever their ties to the country following its invasion of Ukraine.
Uber ups profit guidance as ride-hailing and food delivery continues to boom March 7, 2022 Shares in Uber have climbed nearly four per cent in premarket trading this morning, with the tech giant raising its first-quarter profitability guidance thanks to a record number of cab journeys and booming food delivery orders. Uber said in a filing that it now expects adjusted earnings before interest, taxes, depreciation and amortisation of $130m (£98m) to [...]
PM denies he overruled Mi5 and Mi6 to get Russian billionaire Lebedev a peerage March 7, 2022 Boris Johnson has today flatly denied claims he intervened to get his Russian billionaire friend Evgeny Lebedev a life peerage, after warnings from security services. Johnson said it’s “not the case” he told the independent House of Lords Appointments Commission (Holac) that its assessment the media mogul should not get a peerage – after warnings [...]