European equity funds record rebound in inflows after March exodus April 8, 2022 European equity funds notched a rebound in inflows in the first week of April after market volatility saw them haemorrhage investors throughout March.
UK slaps asset freezes and travel bans on the daughters of Putin and Lavrov to finish off their ‘lavish lifestyles’ April 8, 2022 The UK is sanctioning Vladimir Putin’s daughters Katerina Vladimirovna Tikhonova and Maria Vladimirovna Vorontsova under measures to target the “lavish lifestyles” of the Russian President’s inner circle, the Foreign Office has said. The Foreign Office was also targeting the daughters of Russian foreign minister Sergei Lavrov with travel bans and asset freezes. A statement said: [...]
War enters new phase: Nato agrees to arm Ukraine to the teeth with heavier weapons as Putin ‘has changed his tactics’ April 8, 2022 As Nato foreign ministers met in the Belgian capital of Brussels to hear the demands from Ukraine for more equipment, they agreed to arm Kyiv to the teeth with much more modern weapons. Nato allies have agreed to supply “new and heavier” weapons to Ukraine as Kyiv warned it needs immediate reinforcement in its struggle [...]
Charles Leclerc: The story behind Ferrari’s Monegasque marvel April 8, 2022 Most 24-year-olds would dream of a permanent Monaco residency, celebrity friends and a stonkingly expensive Ferrari. But for Formula 1’s latest title hopeful, Charles Leclerc, this was always seemingly his birthright. Born and raised in the paradisal microstate on the French Riviera, Leclerc is no stranger to fast cars and professional racing. His young career [...]
High Court judge says it would be unfair to force Ukrainian billionaires to fight $4.2bn fraud trial April 7, 2022 A High Court Judge has halted a $4.2bn fraud trial after claiming it would be unfair to force two of Ukraine’s richest men to fight the court battle due to Russia’s invasion of Ukraine. The High Court Judge adjourned the court battle between Ukraine’s biggest bank, Privatbank, and Ukrainian billionaires Gennadiy Bogolyubov and Ihor Kolomoisky, [...]
Oil prices dip below $100 per barrel following IEA pledge to flood markets April 7, 2022 Oil prices dropped below $100 on both major benchmarks today - with markets weighed down by pledges from the IEA to boost supplies.
As we loosen Russia’s grip on energy, we mustn’t hand the reins to Beijing April 7, 2022 As the much delayed energy strategy is set to come out today, one thing is clear: the rhetoric has been centered around the need to phase out Russian oil and gas, and increase British self-reliance. Reaching both of these aims won’t be possible in the short-run, as an energy revolution of such Herculean proportions takes [...]
Global aviation to recover by mid-2023 despite uncertainty of Ukraine war April 7, 2022 Global aviation is expected to go back to 2019 levels by August 2023 despite the uncertainty caused by Russia’s invasion of Ukraine. According to aviation analytics firm Cirium, traffic at the end of the year will be between 10 and 15 per cent down on pre-pandemic levels, but a steady recovery is expected to continue [...]
British embassy guard facing nine charges of spying for Russia under official secrets act April 7, 2022 A British man who was an embassy guard in Germany is facing nine charges under the Official Secrets Act, accused of spying for Russia. David Ballantyne was extradited from Germany, where he was living in Potsdam and working as a security guard. The 57-year-old will appear at Westminster Magistrates Court today, over alleged offences committed [...]
Government slammed for failing to back onshore wind April 7, 2022 Energy analysts and industry bodies have criticised the government's failure to include onshore energy targets in its supply strategy.