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 [...]
Watch as retired Russian military leader says the ‘Kremlin is in total geopolitical isolation and the whole world is against us’ May 17, 2022 A retired Russian military leader has said the Kremlin is in “total geopolitical isolation and the whole world is against us”, speaking on state television. Military analyst and retired colonel Mikhail Khodarenok made his comments on the All-Russia State Television and Radio Broadcasting Company, during an interview with anchor Olga Skabeyeva, known as the “Iron [...]
McDonald’s to launch on Deliveroo as app seeks to be ‘definitive’ online food firm May 17, 2022 Hungry Londoners will be able to order McDonald’s through the Deliveroo app in the coming weeks as the firms forge a UK partnership. The fast food titan will join the restaurants listed on Deliveroo in the UK during the second quarter of 2022. It comes after McDonald’s yesterday revealed it was injecting £250m into redesigning [...]
Rizla maker Imperial Brands struggles with revenue growth amid Russian exit and tobacco alternatives May 17, 2022 Rizla maker Imperial Brands saw revenue drop 1.3 per cent to £15.3bn, as the company continues to pivot towards tobacco alternatives across the world.
EU provides wriggle room for companies buying Russian gas May 16, 2022 The EU has offered companies and member states wriggle room to buy Russian gas without busting the trading bloc's sanctions.
Russia warns Sweden and Finland that joining NATO is a ‘grave mistake with far-reaching consequences’ May 16, 2022 Russia has warned Sweden and Finland that joining Nato is a “grave mistake with far-reaching consequences”. The Kremlin’s deputy foreign minister Sergei Ryabkov made the comments after Sweden’s prime minister, Magdalena Andersson, went to its parliament today to secure backing for joining the military alliance. In a statement, Ryabkov said, according to the Telegraph: “This [...]
Multiple activists arrested as 33,000-tonne shipment of Russian oil forced to u-turn in the Thames May 16, 2022 At least 15 people have been arrested after forcing a 33,000-tonne shipment of Russian oil to u-turn in the Thames. Greenpeace activists confronted the Greek tanker called the Andromeda late on Sunday night, climbing onto its intended docking birth at the Navigator Terminals, in Essex. While police made a series of arrests, protestors attached themselves [...]