UK rushing to close investment deal with Saudi Arabia as PM visits Riyadh March 15, 2022 The UK is reportedly looking to close a multi-billion pound investment deal with Saudi Arabia as Boris Johnson gets set to visit Riyadh tomorrow. Sky News reports that the deal could be announced during Johnson’s visit, which will see him meet with Saudi Crown Prince Mohammed bin Salman tomorrow. City A.M. reported last year that [...]
FA to consider Chelsea appeal to play Middlesbrough cup tie behind closed doors March 15, 2022 The Football Association has said it will consider Chelsea’s request for Saturday’s FA Cup tie at Middlesbrough to be played behind closed doors. Chelsea appealed to the FA after being denied permission to sell further tickets to its travelling supporters under the terms of its special licence from the government. The Premier League club said [...]
Ofcom to widen UK satellite regulation as the number of space launches explodes March 15, 2022 The UK’s broadcast and communications regulator is set to embed itself further into the space sector as the increasing number of satellites in orbit calls for a more hawkish watchdog. Ofcom will oversee the radio spectrum – an essential part of wireless communications – to ensure it is used efficiently as more people and businesses [...]
London’s largest law firm DLA Piper closes Russian offices March 15, 2022 The City of London’s biggest law firm by revenue, DLA Piper, is set to close its Moscow and St Petersburg offices, as law firms from across the globe continue to pile out of Russia. In a statement, DLA Piper said it will transfer its Russian business to the UK, in line with the “legal and [...]
Maersk to stop buying Russian oil to fuel vessels March 15, 2022 Maersk has stopped buying Russian oil for its cargo fleet following the country's invasion of Ukraine, revealed the company's chairman.
Russian judge rolls back Peppa Pig copyright in retaliation against Western sanctions March 15, 2022 Peppa Pig has been dragged into the conflict between Russia and the West, after a Russian judge said Russians are free to use the children’s cartoon character in retaliation against Western sanctions. A judge in the Russian city of Kirov said Russian businesses are free to copy Peppa Pig and create their own versions of [...]
Justice in Russia: Journalist who crashed country’s state news show dragged to court the day after March 15, 2022 A Russian journalist who interrupted a state broadcast with a sign saying it was “lying” about the war in Ukraine, has now appeared in court the following day. Lawyers for Marina Ovsyannikova accompanied her to court, after saying she had been “imprisoned for more than 12 hours” with no contact. Ovsyannikova was detained after the [...]
Tennis No1 Medvedev should renounce Putin to play at Wimbledon, says sports minister March 15, 2022 Daniil Medvedev, the Russian current world No1 men’s tennis player, should be asked to renounce Vladimir Putin before being allowed to play at Wimbledon, sports minister Nigel Huddleston has said. Huddleston said international measures against Russian athletes should go beyond merely banning national teams and those individuals who compete under the Russian flag. “We need [...]
Russia’s war to deal 10 per cent hit to Ukraine economy, warns IMF March 15, 2022 The Ukrainian economy is set to contract sharply this year as Russia’s invasion hobbles domestic consumption, reveals fresh forecasts by the world’s economic watchdog. Output in Ukraine will shrink around 10 per cent this year, according to the International Monetary Fund (IMF). The hit to the country’s economy could eventually rise to some 35 per [...]
German economy hurtling towards recession on Russia-Ukraine war March 15, 2022 The German economy is hurtling towards a recession as the Russia-Ukraine war sours investors’ optimism for Europe’s largest economy, reveals a closely watched survey released today. Moscow’s barbaric assault of Ukraine and the West’s sweeping set of sanctions to lock Russia out of the global economy is “significantly dampening the economic outlook for Germany,” Achim [...]