What impact will Russia’s invasion of Ukraine have on oil and gas? March 4, 2022 Russia’s invasion of Ukraine is first and foremost a human tragedy. As investors though, our role is to interpret the market implications on behalf of our clients. Here, we consider the impact of the invasion on oil and gas markets. Firstly, it’s important to understand how markets stood before the invasion. Global energy markets were [...]
Cevian Capital calls for governance overhaul at Ericsson after Isis payments March 4, 2022 Swedish activist investor Cevian Capital has called for a governance overhaul at telecoms giant Ericsson after the firm was found to have made possible payments to terror group Isis. Shares in Ericsson have plunged over 25 per cent since boss Borje Ekholm conceded last month that the firm may have breached compliance rules and made [...]
Russian crypto trading volumes fall amid sanction evasion fears March 4, 2022 The volume of Russian roubles being exchanged for crypto is falling undermining claims digital assets are being used to evade sanctions.
Ollie Phillips: Corker of a weekend ahead of us in the Premiership March 4, 2022 While an absence of promotion and relegation in Premiership Rugby may be the talking point within the sport, it’s hard to deny that the lack of jeopardy has produced some cracking rugby this season. With Saracens in second on 54 points and Northampton in ninth on 42, it’s incredibly tight for the three play-off places [...]
Eversheds cuts links with Russia after denying it works for oligarchs March 4, 2022 London law firm Eversheds has said that it is not currently working for the Russian government, Russian oligarchs, or the the Russian Federation’s state-owned firms, after vowing to cut links with Russia. In a statement, Eversheds said it now intends to refuse any offers of work from “Russian entities,” as it confirmed that all of [...]
EP: 114 Kelso, Newbury, Doncaster & Hong Kong March 4, 2022 Kelso hosts the Morebattle Hurdle on Saturday, Newbury is the venue for the Greatwood Gold Cup & Doncaster stages the Grimthorpe Chase on the same afternoon. Metier returned to form with a recent win for his trainer Harry Fry and looks to be one of the favourites for the Scottish feature. His trainer looks ahead [...]
Kremlin bans citizens from calling for sanctions against Russia after denying plans to institute martial law March 4, 2022 Russia’s Duma has introduced a new law to ban citizens from calling for sanctions to be imposed on Russia, and said those found guilty may be forced into “obligatory labour” for up to three years. Russians who call for sanctions to be imposed on Russia, over its invasion of Ukraine, could face fines of up [...]
As the world sees enormous price increases, Bitcoin’s use case deserves more attention March 4, 2022 As war rages in the Ukraine, Bitcoin’s use case as an answer to economic woes has once again been brought to the forefront.
Behind the story: Row, row, row your Russian super yacht to the Maldives March 4, 2022 As part of the sanctions targeting powerful individuals close to the Kremlin, a full-scale operation to seize the oligarchs’ superyachts is underway. The beautiful Amore Vero (“True Love”), property of a company linked to Igor Sechin, chief exec of Rosneft, has been seized by French authorities in the port of La Ciotat. Another superyacht, owned [...]
Russia Today shuts down US operations amid layoffs March 4, 2022 The US arm of a Russian-state backed media outlet is closing down operations and laying off staff amid backlash to the war with Ukraine.
