Ex President George Bush mocked for gaffe: ‘wholly unjustified and brutal invasion of Iraq. I mean Ukraine’ May 19, 2022 Former American president George Bush Jr has come in for ridicule after accidentally referring to the “illegal invasion of Iraq” during a speech about the war in Ukraine. The ex Republican leader, 75, made the Freudian slip during an event in Dallas, Texas, on Wednesday, at an institute in his name. In a video posted [...]
European Commission unveils renewable targets in €210bn plan to ditch Russian fossil fuels May 18, 2022 The executive arm of the EU has pushed the trading bloc to ramp up renewable energy generation and reduce consumption levels.
PM asked to explain how a private plane was allowed to fly from Scotland to Moscow breaching Russian sanctions May 18, 2022 A private charter flight travelled from Inverness to Moscow breaching UK sanctions against Russia, despite air traffic control being informed about the flight beforehand. SNP MP Richard Thomson raised the issue in parliament during Prime Minister’s Questions, urging the PM to tell the house how it was allowed to happen. The details of a transcript [...]
Google’s Russian bank account seized as Big Tech crack down continues May 18, 2022 Russian authorities have seized Google's Russian bank account, making it impossible for its Russian office to function, the tech giant revealed today.
Chelsea directors Buck and Granovskaia set to share in £50m takeover bonus pool May 18, 2022 Chelsea directors including chairman Bruce Buck and Marina Granovskaia are set to receive multimillion pound bonuses once the sale of the club is completed, according to reports. Buck and Granovskaia will share in £50m once a consortium led by Todd Boehly, part-owner of the LA Dodgers baseball team, complete its takeover, according to The Times. [...]
Liz Truss plays down calls for windfall tax May 18, 2022 Foreign secretary Liz Truss has played down calls for a windfall tax on energy firms, saying “we need to attract investment”, and a tax would be a deterrent. Speaking on Sky News this morning, she appeared to be at odds with calls made by the Chancellor Rishi Sunak yesterday, who said nothing was off the [...]
Hungary names its price as country holds fresh talks with EU over Russian oil ban May 17, 2022 Europe's game of energy brinkmanship continued today, with the EU holding talks with Hungary over financial support to back a Russian oil ban.
European Commission urges EU to be ready for cut-off in Russian gas supplies May 17, 2022 The European Union should prepare for Russia to switch off gas supplies into Europe, the trading bloc's executive arm will warn tomorrow.
AerCap posts $2bn net loss as jets remain stranded in Russia May 17, 2022 AerCap has posted a $2bn net loss in the first three months of 2022 as more than 100 of its jets remain stranded in Russia following the invasion of Ukraine. The world’s largest aircraft lessor said today that after sanctions were imposed on Moscow by the West, 113 of its jets and 11 engines remained [...]
Binance bulks up legal team as crypto firm faces mounting regulatory scrutiny May 17, 2022 The world’s biggest crypto exchange, Binance, is seeking to bulk up its legal team by hiring more than 30 lawyers across Europe, Asia, and the Americas. The Cayman Islands headquartered firm posted more than 30 openings for legal professionals, including for six positions in London. The job ads come as the crypto industry faces mounting [...]