Where is Gary Gensler in this FTX debacle, and how did SBF and Alameda end up controlling so much money? December 2, 2022 How was it possible that Sam Bankman-Fried and Caroline Ellison ended up controlling such vast sums, and where is Gary Gensler in all this?
This Saturday is a chance to support the small businesses livening up our streets December 2, 2022 As fewer lights twinkle on Britain’s high streets, and individuals tighten their belts anticipating tough times ahead, small businesses are unsurprisingly fearful of what winter will bring. It’s not the backdrop we’d hope for to mark a decade of Small Business Saturday tomorrow, but it underlines the ongoing importance of supporting the UK’s 5.5 million [...]
Poles apart? EU closes in on Russian oil price cap but awaits Poland’s approval December 1, 2022 The EU is poised to agree a $60 price cap for Russian seaborne oil shipments, with Poland the only remaining holdout.
European jobs market defies expectations as unemployment hits record low December 1, 2022 The European jobs market is defying expectations and holding up well despite experts expecting the bloc to tip into a tough recession, fresh figures out today show. The proportion of people unemployed in the 19 countries using the euro dropped to a record low 6.5 per cent in October from 6.6 per cent in September, [...]
LNG risks UK’s environmental goals and hydrogen strategy, warn experts November 30, 2022 The UK risks both higher emissions and undermining its energy security strategy, if it becomes over-reliant on LNG to meets its energy needs.
Private bank Julius Baer fined £18m over ‘corrupt’ dealings with Yukos Oil November 30, 2022 The UK’s financial watchdog has fined private bank Julius Baer more than £18m over its “corrupt” dealings with Russian oil company Yukos Group. The UK’s Financial Conduct Authority (FCA) today fined Julius Baer’s international business £18,022,500 and sanctioned three of its executives, over the private bank’s use of third-party agents in carrying out business with [...]
Ofgem pushes UK’s energy networks to go green without hiking bills November 30, 2022 Ofgem has confirmed a five-year investment package for the UK's electricity distribution network companies.
Norway scraps oil and gas licensing round as supply crisis looms November 29, 2022 Norway has postponed its next round of new oil and gas exploration licenses until 2025, putting more pressure on the continent.
Airbus boss Guillaume Faury: Supply chain issues remain ‘very complex’ November 29, 2022 Aviation’s supply chain issues remain “very complex”, according to Airbus’s boss Guillaume Faury. The chief executive told journalists on Tuesday he was waiting for the latest data to comment on 2022 year-end deliveries. “I will have a clearer picture by the end of November, but as you can see the environment remains very complex and [...]
China targets stronger energy ties with Russia as G7 price cap looms November 29, 2022 China is prepared to strengthen its relationship with Russia on energy issues to ensure "international energy security."