In Ukraine, the Middle East is starting to take sides and it could tip the scales October 12, 2022 Historically, the Gulf states have maintained a delicate balance in international conflicts outside of the Middle East and North Africa. This is a formula they adhered to when the Russia-Ukraine conflict broke out in February; keen to remain neutral, Saudi Arabia and the UAE were determined to be passive observers. But that may be changing. [...]
Biden reconsidering US relationship with Saudi Arabia after oil cuts October 11, 2022 US President Joe Biden is rethinking the country’s relationship with Saudi Arabia after OPEC+ unveiled heavy cuts to oil production.
UK spy chief tells parents not to worry about letting kids on TikTok October 11, 2022 Top UK spy chief has said he wouldn’t tell youngsters to keep away from TikTok, despite concerns from the government about the Chinese app’s safety. The director of GCHQ Jeremy Fleming told BBC Radio 4’s Today show that he would not be concerned if his own children used the social media, but said he would discuss [...]
Nissan logs £613m hit as Japanese carmaker exits Russia and shuts factory October 11, 2022 Japanese carmaker Nissan has said it plans to sell its Russian operations to its local partner and withdraw from manufacturing there. The company said its executive committee approved the sale to Russia’s Central Research and Development Automobile and Engine Institute (NAMI). The sale includes Nissan’s factory and R&D facilities in St Petersburg and its sales [...]
Nissan confirms full exit from Russia and takes ‘one-off impact’ of £620m loss October 11, 2022 Nissan has announced its full exit from Russia eight months after the invasion of Ukraine, taking a “one-off impact” of around £620m. Signalling its “imminent” departure from the country, the Japanese car giant approved the sale of Nissan Manufacturing Russia’s operations to NAMI, the Central Research and Development Automobile and Engine Institute. Nissan said it [...]
EU targets November deal to tackle ultra-high gas prices October 11, 2022 The European Union is pushing for a November deal on more emergency measures to tackle ultra-high gas prices.
Fracked off: Industry body furious over fracking’s net zero snub October 10, 2022 UK's onshore energy body has slammed the Government's reported omission of fracking from its net zero review.
National Grid underestimates blackout risk, warns energy experts October 10, 2022 Blackouts remain a grave possibility this winter, despite the National Grid's bullish forecast, warned energy experts.
Kyiv rocked by series of explosions in reported retaliation for Crimea bridge blast October 10, 2022 Ukraine’s capital Kyiv was hit by a number of explosions on Monday morning, as the Kremlin hit back in wake of the alleged sabotage of a bridge in Crimea. The blasts just after 8am in Kyiv hit near its old town and government offices, days after Russia blamed Ukraine for a huge explosion on a [...]
Government to push through revenue caps for renewable generators October 9, 2022 The Government will go full steam ahead with its plans to cap revenues renewable electricity generators can make.