Business of Space: What’s the deal with space traffic? March 5, 2022 This week Starlink makes a stance UK’s SaxaVord enters French market What’s the deal with space traffic? SpaceX SpaceX boss Elon Musk said today that its Starlink, a satellite broadband service, has been urged to block Russian news sources by some governments, but not Ukraine. Tweeting on Saturday, the billionaire entrepreneur said: “We will not [...]
Reports: ‘Ceasefire’ fails as Russia continues to shell civilian exit route March 5, 2022 The ‘ceasefire’ between Russia and Ukraine to allow for civilians to escape has failed, according to reports, due to Russian forces continuing to shell the area. Russia called for the ceasefire in two areas of Ukraine, amid its invasion, to allow for humanitarian corridors, according to Russia’s Interfax Agency (RIA). The corridors were to allow [...]
UK Foreign Office advises Brits to leave Russia March 5, 2022 The UK Foreign Office has advised all British nationals in Russia to consider leaving the country, if their presence there is not essential. In advice updated today, the Foreign Office said people should exit the country by the remaining commercial routes. It comes amid reports that martial law is soon to be imposed in Russia, [...]
Ukraine’s president slams NATO as Johnson and Macron discuss ‘despicable’ attack March 5, 2022 The prime minister has met with French president Emmanuel Macron today to discuss “the worst war on our continent for a long time”, as Ukraine’s leader slams NATO. Boris Johnson and Macron, who have not always seen eye to eye, agreed it was “imperative” to both countries to continue to provide humanitarian, economic and military [...]
PayPal freezes all services in Russia following Ukraine invasion March 5, 2022 PayPal is set to shutter all its services in Russia, according to its chief executive today, as the payments giant becomes the latest business to exit the country following its invasion of Ukraine. “Under the current circumstances, we are suspending PayPal services in Russia,” chief executive Dan Schulman said on Saturday. “PayPal supports the Ukrainian [...]
Weekend Explainer: Why has Gordon Brown said Vladimir Putin should face a Nuremberg-style tribunal? March 5, 2022 Today, at an online event hosted by Chatham House, former UK prime minister Gordon Brown called on countries to set up a special tribunal, in line with the model used in the Nuremberg trials, to punish Vladimir Putin over Russia’s invasion of Ukraine. Speaking at the Chatham House event alongside Ukraine’s foreign minister Dmytro Kuleba, [...]
Tech Weekly: ByteTree CIO on Bitcoin amidst Russia-Ukraine conflict March 4, 2022 On this episode of Tech Weekly, City A.M. reporters Lily Russell-Jones and Charlie Conchie chat to Charlie Morris, CIO and founder of ByteTree, for a conversion about the war in Ukraine; what role that Bitcoin and gold are currently playing; and whether Bitcoin can truly is a safe-haven asset. Charlie Conchie also talks to Nasson [...]
Russia rolls out fast-track bankruptcy for foreign firms as companies scramble to exit March 4, 2022 Foreign firms looking to withdraw from Russia will receive fast-tracked bankruptcy protections or be able to temporarily hand over stewardship to local managers, under measures designed to ease the flood of firms looking to sever ties with Russia.
Enough: Russia’s second-largest oil firm Lukoil urges Putin to end Ukraine war immediately March 4, 2022 Vagit Alekperov, the owner of Russia’s second-largest oil company Lukoil, has called on Russian President Vladimir Putin to put an end to the invasion of Ukraine. The company expressed concerns over “the ongoing tragic events in Ukraine” calling for “the immediate cessation of the armed conflict and fully support its resolution through the negotiation process [...]
London faces logistics space crunch as e-commerce firms take over city March 4, 2022 London would run out of available industrial space within five months, should the current take-up rate continue, amid an e-commerce boom. The capital and the South East are facing running out of industrial and logistics spaces, according to a report published today by London First, in partnership with CBRE. It comes as the pandemic has [...]
