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  • Inflation is on a collision course with world economies… while Bitcoin looks steady

    April 22, 2022

    Bitcoin remains in what has become its favourite trading range of around $40k where it has been for, well, pretty much all of 2022.

  • UAE freezes assets owned by members of the Kinahan crime syndicate

    April 22, 2022

    Assets owned by members of the Kinahan crime family – an Irish gang accused of smuggling drugs and weapons into Europe – have had their assets frozen by the United Arab Emirates (UAE). The UAE’s decision to sanction Kinahan gang – which has strong links to some of the world’s most famous professional boxers including [...]

  • Treasury grants licence to pay contracts for Russia’s Gazprombank until May 31

    April 22, 2022

    The treasury has granted a licence to pay Russia’s Gazprombank and its subsidiaries until the end of next month. The decision was made to ensure gas supplies continue to flow to the European Union according to a document seen by Reuters.  The license allows an individual or firm to continue paying any contracts that began [...]

  • Swap flights for trains and no driving on Sundays to cut down energy bills suggests IEA

    April 22, 2022

    The IEA is calling for measures to reduce energy consumption, such as swapping short haul flights for trains and not driving on Sundays.

  • Major firms should be ready for wave of Russian cyberattacks, global spy alliance says

    April 22, 2022

    UK companies should protect themselves against cyberattacks and be wary of hackers exploiting software used to work from home, one the world’s major intelligence alliances has warned. The Five Eyes alliance of spy agencies from the UK, US, Canada, Australia and New Zealand, has said the Russian government is planning to launch a series of [...]

  • Budweiser owner AB InBev to exit Russian venture in $1.1bn hit

    April 22, 2022

    Budweiser owner Anheuser-Busch InBev has said it will cut off supplies of its beer to Russia by selling its stake in a joint venture to a Turkish partner. The move will trigger a $1.1bn impairment charge in the world’s largest brewer’s first quarter results. The Belgian brewer revealed it was in “active discussions” about selling [...]

  • Warrior Wellington set for Romantic follow up success

    April 22, 2022

    RACING enthusiasts from around the globe will have their alarm clocks set on Sunday morning for the FWD Champions Day extravaganza from Sha Tin, which is live on Sky Sports Racing. Despite the Covid-19 restrictions scuppering any plans for overseas visitors, Hong Kong’s best gallopers will be locking horns in three Group Ones worth a [...]

  • Self-confidence has left Nato and Britain unprepared for a threat against the alliance

    April 22, 2022

    Earlier this week, General Sir Richard Barrons warned the Defence Select Committee that the United Kingdom (UK) would not be ready if Russia attacked British territory or that of Nato allies. Since 1949, the government has pledged to defend the North Atlantic Treaty Organisation alliance. Although one nuclear-armed peer is unlikely to attack another, the [...]

  • BP pushes forward with North Sea oil and gas project

    April 21, 2022

    BP has submitted its environmental statement for the Murlach project to the energy regulators, as it pushes ahead with plans to develop the site.

  • Russia claims victory in Mariupol despite remaining Ukraine troops

    April 21, 2022

    Russia has claimed victory in the key port city of Mariupol after an almost two-month long attack, despite an estimated 2,000 Ukrainian troops still holding firm in a steel plant. Russian defence minister Sergei Shoigu today said it would take “three to four days” to defeat the final Ukrainian troops at the Azovstal steel plant, [...]

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