Business of Space: The things you can do with a commercial hand May 6, 2022 City A.M.’s Millie Turner offers up a roundup of the most important news across the space industry, every Friday. This week: SpaceX deepens commercial ties with NASA Artemis: NASA latest stage in returning to the moon Space regulations race to catch up with technology SpaceX and satellite spin-off Starlink SpaceX brought four astronauts back down to Earth last night, as [...]
Putin ‘running out of missiles’ amid claims quarter of Russian Army now lost: Kremlin loses momentum in Donbas May 6, 2022 Vladimir Putin could be running out of missiles and armaments because of how much his forces have had to fire during the Ukraine war so far, according to the head of Britain’s Armed Forces. The Chief of Defence Staff, Admiral Sir Tony Radakin, said Russia has now lost 25 per cent of all its forces [...]
Putin in rare apology over Russian foreign minister Sergei Lavrov’s claim Hitler had ‘Jewish blood’ May 6, 2022 Russia’s president has issued a rare apology after backtracking on his foreign minister’s claim that Adolf Hitler had “Jewish blood”. In a phone call to Israel’s prime minister Naftali Bennett, the Kremlin’s leader said sorry after fury was sparked earlier in the week. Bennett had condemned the “lies” by Russia’s Sergey Lavrov, while foreign minister [...]
All eyes on £598m superyacht reportedly owned by Putin which moves out of Italian port May 6, 2022 A $700m (£598m) superyacht reportedly owned by Russian president Vladimir Putin may be on the move from an Italian port for the first time in months. There was reportedly a flurry of activity this week on board the Scheherazade, a 450ft vessel which was docked in Marina di Carrara, Tuscany. According to the Telegraph, locals [...]
Explainer-in-brief: Why won’t Germany just go nuclear? May 6, 2022 Germany pushes ahead with plans to decommission all nuclear plants
Chelsea owner Roman Abramovich: ‘Intentions of giving sale proceeds to charity have not changed’ May 5, 2022 Chelsea’s sanctioned owner Roman Abramovich has insisted his “intentions in relation to gifting the proceeds” to charity “have not changed.” The Russian-Israeli Billionaire said on Thursday, his team have “identified senior representatives from UN bodies and large global charitable organizations” who will form a foundation to distribute the funds. This comes after what the statement [...]
Ben Wallace: Russian military leaders ‘turning in on themselves’ over the ‘disaster’ war May 5, 2022 Defence secretary Ben Wallace has claimed Russian military leaders are “turning in on themselves” out of fear of being purged by Putin. The minister made his comments while visiting Final, saying the Kremlin’s top brass are playing the blame game over the “disaster” war. He claimed generals are worried about being scapegoated for the invasion’s [...]
OPEC+ maintains modest hike in oil production as EU weighs up Russian import ban May 5, 2022 OPEC+ has agreed a modest increase in its oil production targets next month, following a meeting earlier today.
Germany turns to floating gas units to cut down dependence on Russian imports May 5, 2022 Germany has rented four floating storage and regasification units as it aims to reduce its reliance on piped natural supplies from Russia.
Fund flows show sign of rebound after March exodus May 5, 2022 Fund flows showed signs of recovery in April after outflows surged for a third consecutive month in March in the face of tightening monetary policy and war in Ukraine.