Abramovich £2.5bn Chelsea sale proceeds release held up by ‘disagreement’, Lords told December 12, 2023 Abramovich was forced to sell the football club last year.
Blackrock: Firms set to shun the stock market as volatility weighs on IPOs December 12, 2023 Companies are set to shun IPOs and stay private for longer due to volatility still weighing on global equity markets, according to a new Blackrock report.
The stock market may be back in vogue for Britain’s DIY investors December 12, 2023 Brits’ appetite for the stock market has come roaring back in the past month as retail investors pour cash into global equity funds, new data has revealed.
OPEC and the US wrestle for control of oil prices December 11, 2023 The US and OPEC+ are once again locked in a battle to establish a dominant position for control over oil prices.
New unit to clamp down on firms dodging Russian trade sanctions December 11, 2023 A new government unit is being set up to crack down on companies flouting Russian trade sanctions and funding its invasion of Ukraine. The office of trade sanctions implementation will issue civil penalties for breaches and refer cases to HM Revenue and Customs for criminal enforcement, industry and economic security minister Nusrat Ghani announced. The [...]
Golden arches won’t stop conflict, but continued trade might December 11, 2023 As countries become more inward looking and trading relationships weaken, the golden arches theory still rings true, writes Eliot Wilson.
Russians ‘calling on Putin to stand’ in March election (says the Kremlin) December 8, 2023 Vladimir Putin is widely expected to stand for another six-year tilt but is yet to confirm he will do so
UK court grants injunction against Russian pipeline firm in $14bn lawsuit December 7, 2023 Russian state-owned oil pipeline company Transneft has had its ability to move funds restricted after a UK court granted an injunction against the firm as part of a $14bn lawsuit.
Today at COP28: A change in mood December 6, 2023 As COP28 reaches its mid-way point, the initial lustre and enthusiasm of the world's great and powerful seems to be wearing off.
Venture Global CEO: Shell and BP’s actions ‘not sporting’ December 6, 2023 Venture Global's chief executive has hit out at oil majors including BP and Shell for politicising a dispute over liquefied natural gas (LNG) contracts.