Finland will apply to join NATO next week after Russia warns of ‘retaliatory steps’ May 15, 2022 Finland will apply to join NATO, its president has confirmed, despite Putin warning it would be a “mistake”. Membership of the military alliance will “maximise” Finland’s security in the wake of Russia’s invasion of Ukraine, Finland’s president Sauli Niinisto said. The nation will submit a formal application for membership to NATO headquarters in Brussels next [...]
Oil prices rebound heading into next week’s trading with China to ease pandemic restrictions May 15, 2022 Oil prices are up heading into next week, with China set to ease some of its pandemic restrictions while the EU weighs up a Russian oil ban.
Spain and Portugal target price cap for natural gas to combat skyrocketing inflation May 15, 2022 Spiralling inflation has triggered a fresh round of state intervention in Europe, with both Spain and Portugal setting up price caps for gas trading.
Brits cut back on petrol and diesel as cost of living crisis deepens May 13, 2022 Brits are cutting back on petrol and diesel as they reduce the number of car journeys they make to save cash, revealed Ascona Group.
Funding round takes Chainalysis value up to $8.6 billion May 13, 2022 Blockchain data platform Chainalysis has completed a $170 million Series F financing round, bringing its valuation to $8.6 billion.
Oil bodies downgrade demand expectations as lockdowns and inflation bite May 13, 2022 Leading oil bodies have downgraded expectations for crude demand this year, amid continued volatility in the market.
Optimism returns to crypto markets as the day is greeted by big green candles everywhere May 13, 2022 The doom and gloom is still in the markets, but optimism abounds as almost every cryptocurrency turned green today.
Coca-Cola HBC ‘evaluating all options’ in Russia as US soft-drinks giant ends operations May 13, 2022 Coca-Cola HBC is “evaluating all options” in Russia after the soft-drinks giant suspended operations there, saying it is likely to have a “much smaller presence” focusing on local brands. The London-listed company which bottles the soft drink in the country had almost 26 per cent revenue growth until April – excluding Russia – as it [...]
Shell set to sell Russian petrol stations May 13, 2022 UK-based oil giant Shell has announced it will sell its petrol stations in Russia as it continues plans to exit the country.
Explainer-in-brief: Inside Nato’s Nordic expansion and enlargement policy May 13, 2022 Finland has announced it wants to apply to join Nato within days, while Sweden is also considering the option. The two countries bordering Russia aim to strengthen their security in the aftermath of the Kremlin’s invasion of Ukraine. If the two countries send their applications next week, Nato should accept them quickly, but the full [...]