McColl’s share price tumbles over 50 per cent amid insolvency fears February 28, 2022 Convenience store chain McColl's has seen shares slide 54 per cent after it confirmed it is seeking a capital injection to stave off collapse.
Ukrainian delegation begins ceasefire talks with Kremlin officials February 28, 2022 Ukrainian government officials have arrived at the Belarus border for ceasefire talks with the Russian government, after four days of intense fighting across the country. The talks are reported to have began just after 9am GMT, with both sides agreeing to meet without “preconditions”. Ukrainian defence minister Oleksii Reznikov was seen arriving to the negotiations [...]
Equinor cuts Rosneft ties amid escalating pressure to divest from Russia February 28, 2022 Norwegian energy Equinor has announced it will cut ties with Kremlin-backed Rosneft and divest from its joint ventures in Russia.
Bitcoin holding steady in the face of Putin’s escalating threats February 28, 2022 The price of Bitcoin, the largest cryptocurrency by market cap, climbed past $39k yesterday and even looked set to surpass $40k, before dropping back to $38,500 last night.
Petrol prices hit £1.51 per litre as cost of living crisis deepens February 28, 2022 UK petrol prices have broken records yet again following Russia’s invasion of Ukraine, which has further driven fears of supply shortages and seen oil prices spike to over $100 per barrel for the first time since 2014. The latest fuel watch figures from motoring group RAC reveal that unleaded petrol hit a peak on Sunday, [...]
PwC buys up Australia’s biggest tax advisor Greenwoods February 28, 2022 PwC has acquired Australia’s largest tax advisory firm, Greenwoods, as part of a deal which will see 15 Greenwoods partners and 50 Greenwoods staff join the Big Four accountancy firm. PwC said it had acquired specialist tax advisory firm Greenwoods & Herbert Smith Freehills, an affiliate of Silver Circle law firm Herbert Smith Freehills. The [...]
Hackney’s London Fields Brewery brought to the market after Carlsberg Marston’s close taproom February 28, 2022 East London brewery London Fields Brewery has been brought to the market by property consultancy Gerald Eve. Situated under Hackney’s railway arches the brewery was closed just four years after Carlsberg Marston’s Brewing Company snapped it up. The brewing titan’s CEO Paul Davies said at the end of last year the firm had “taken the [...]
Ukraine vice prime minister urges crypto exchanges to block Russian users February 28, 2022 Ukraine’s vice prime minister has called for crypto exchanges to block Russian accounts amid concerns digital assets are being used to evade sanctions. Mykhailo Fedorov made the plea on Twitter yesterday as invading Russian forces advanced on Kyiv, the country’s capital city. “I am asking all major crypto exchanges to block addresses of Russian users,” [...]
Abramovich-owned steelmaker Evraz plunges in value as sanctions spark investor exodus February 28, 2022 Shares in Russian steelmaking giant Evraz plunged over 20 per cent this morning as Western sanctions sent the Russian economy into chaos, with the rouble falling over 28 per cent.
UK to launch world’s ‘most attractive’ visa system for entrepreneurs February 28, 2022 Upcoming changes to the UK's visa system will make it the "most attractive" in the world for high-skilled workers and entrepreneurs.