Full-blown Russian incursion of Ukraine triggers global market rout February 24, 2022 Global investors fled stocks today after they woke up to the news that Russian President Vladimir Putin had ordered a full invasion of Ukraine. Risk appetite poured out of traders’ mindsets as they flowed into safe assets to limit the potential spillover economic effects of Moscow troops closing in on Kiev. The capital’s premier FTSE [...]
Darktrace: Dips and Dives February 24, 2022 For a cyber security firm Darktrace’s reputation has been anything but secure. As Jack Stockdale, CTO and founding partner, told City A.M.: “One minute you can be the tech darling, the next minute you’re not. Then, suddenly, you are again!”
CAA bans Russian carrier Aeroflot from flying to UK following Ukraine invasion February 24, 2022 The UK Civil Aviation Authority (CAA) has banned Russian carrier Aeroflot from flying into the UK airspace following Moscow’s invasion of Ukraine. “Following the announcement by the Prime Minister in Parliament today, the UK Civil Aviation Authority has suspended the foreign carrier permit held by Aeroflot until further notice,” said a CAA spokesperson. “This means [...]
Ollie Phillips: Key returnees could spice up England v Wales clash February 24, 2022 It’s not one of the hardest predictions I have had to make during this year’s Six Nations but I just don’t see any result other than a comfortable England win when they play Wales on Saturday. A large part of that, I think, comes down to Eddie Jones now picking a team around his No10 [...]
Exclusive: World’s biggest litigation funder Harbour strikes £2m deal with sports lawyers to fund ‘no win, no fee’ FIFA lawsuits February 24, 2022 Private litigation funder Harbour has struck a £2m deal with specialist law firm Morgan Sports Law, through which Harbour plans to cover footballers’ legal costs in employment disputes put forward on a “no win, no fee” basis. Harbour will cover any legal costs in disputes between professional footballers and their employers, and take a cut [...]
Ukraine: UK to freeze assets of major Russian banks in new sanctions February 24, 2022 All major Russian banks will be shut out from operating in the UK and large Russian firms will be blocked from raising capital in the City in a package of economic sanctions announced by Boris Johnson today, which has been described as the largest ever by a British government. This will include VTB Bank, the [...]
What’s behind value’s recent renaissance? February 24, 2022 The debate over the value and growth investment styles has been intense in the opening weeks of this year. Value’s relative outperformance has been eye-catching, with the MSCI World Value index returning -1.3% in January compared to -9.3% for MSCI World Growth. In some ways though, this is just a continuation of last year’s oscillations [...]
Lloyds Bank boss warns of ‘heightened’ Russian cyberattack threat February 24, 2022 The boss of Britain’s biggest mortgage lender today sounded the alarm on potential Russian cybersecurity attacks after Vladimir Putin ordered a full-blown incursion of Ukraine in the early hours of this morning. Charlie Nunn, chief executive of Lloyds bank, said the lender’s top team have “been on heightened alert” to spot any Russian interference with [...]
Exclusive: crypto exchange FTX lifts lid on new gaming division February 24, 2022 Crypto exchange FTX has unveiled details about its new gaming division which it expects to launch in a matter of months.
Why it’s time to bring back the house party February 24, 2022 There’s no question that the pandemic, and the lock- down restrictions which were introduced to help control it, have profoundly affected the way we interact so- cially. From wearing masks to the dreaded “rule of six”, we suddenly found our lives governed by regula- tions in a way no-one has experi- enced since (yes, I’m [...]
