Week ahead: City braces for more bumper banker bonuses February 20, 2022 Investors are preparing to comb through the details of British high lenders’ results this week for any clues that higher interest rates are goosing their bottom lines. UK banks’ earning season has been underlined by a jump in bonuses for top deal makers which are expected to continue this week. Barclays, the last remaining British [...]
Lufthansa suspends all fights to Ukraine amid invasion fears February 20, 2022 Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]
Gazprom’s European gas supplies drop to decade low amid fractured unity over sanctions February 20, 2022 Gazprom's European gas supplies has fallen to 10-year lows, while Germany and Italy fret over sanctions reducing their energy reserves.
Russian invasion of Ukraine ‘very, very likely and very, very imminent’, says minister February 20, 2022 A Russian invasion of Ukraine is “very, very likely and very, very imminent”, Europe minister James Cleverly has said. Cleverly said today that “at the moment, an attack, an invasion seems far more likely than unlikely but we will continue to work to try and avert that”. Boris Johnson last night said Russia was planning [...]
Russian invasion of Ukraine would ‘echo around the world’, warns Johnson February 19, 2022 Prime Minister Boris Johnson has warned that the shock of a Russian invasion of Ukraine would “echo around the world” as he told world leaders today that the crisis in Ukraine represented a "moment of extreme danger for the world".
Boris Johnson to fly out to Munich today as tensions between Russia and Ukraine refuse to ease February 19, 2022 Prime Minister Boris Johnson is set to join senior Government ministers at a major security conference in Munich today amid rising tensions between Russia and Ukraine. It comes as the UK warned the crisis in the region is at a “critical juncture”, with Russia accused of “manufacturing a pretext” for launching an attack. At a [...]
Bitcoin’s playing it cool while the world overheats February 18, 2022 It looks like Bitcoin is keeping its head, while all around are losing theirs, says Jason Deane in his weekly report.
Gold consolidates rallies as investors seek safe haven from Ukraine tensions February 18, 2022 Gold prices have stabilised after surging over the past two days, ahead of a potential US-Russia meeting over Ukraine next week.
Breezy does it: Wind output pushes down power prices while diplomacy causes oil and gas to falter February 18, 2022 Power, gas and oil prices all stutter amid stormy weather and increased hopes of diplomatic solutions to geopolitical tensions.
Letters: Russia and the oil price rally February 18, 2022 [Re: No sign of de-escalation as Russia still building forces on Ukraine border, February 17] Hopes have begun to fade that Russia is pulling back troops in any meaningful manoeuvre casting fresh clouds over financial markets. It has meant that the brief backtracking in the upwards sprint in the price of oil hasn’t lasted long. [...]