Banks lag on sustainability as regulators prepare to swoop on ESG performance April 21, 2022 Global lenders are lagging behind sustainability goals as watchdogs increasingly look to clampdown on environmental, social and governance (ESG) performance with regulation, a new report has found.
Google whacked with £105m Russian fine over Ukrainian far-right videos April 21, 2022 Google has been fined 11 million roubles (£105m) for distributing "fake" news YouTube videos produced by Ukrainian far-right groups.
Binance slaps restrictions on Russian crypto accounts April 21, 2022 Binance has restricted every account held by a Russian national exceeding €10,000 in digital assets, in line with the EU’s latest sanctions.
Wimbledon warned it could face legal challenge over ban on Russian and Belarusian players April 21, 2022 Wimbledon organisers could face a legal challenge after banning Russian and Belarusian players, according to sports lawyers. Daniil Medvedev and Aryna Sabalenka are among the leading contenders set to miss out following the All England Club’s (AELTC) decision. The men’s ATP Tour has criticised the move, while the women’s WTA Tour previously said it would [...]
BHP: Mining giant slashes production guidance for copper and nickel April 21, 2022 Australian metals firm BHP has announced it is reducing total copper and nickel production for the full year yet is on track with previous iron ore estimates. In a nine month trading update on the London Stock Exchange, BHP said its production guidance for the 2022 financial year remained unchanged for iron ore, metallurgical coal [...]
Putin says new nuclear-capable missile will make West ‘think twice’ April 20, 2022 Vladimir Putin sent a stark warning to the West today as Russia tested a new intercontinental ballistic missile, which the President said will make the West “think twice”. The Sarmat missile, which can hold more than 10 nuclear warheads at a time, can reportedly hit any target on earth and is set to be in service [...]
Germany to phase out Russian oil supplies as West piles pressure on Russia April 20, 2022 Germany has announced it will stop importing Russian oil by the end of the year, as the West ramps up pressure on the Kremlin.
Russia considers taking $1.3bn from wealth fund to recapitalise Aeroflot April 20, 2022 Russia is considering taking $1.3bn from its national wealth fund to recapitalise Aeroflot. According to Moscow sources, the wealth fund will buy Aeroflot’s new share issue through an open subscription and spend an additional $690.9m in equity stakes to help other struggling carriers. As a result of the new issue, the Kremlin’s stake will need [...]
Surrey bowler Overton backs side to win domestic double this season April 20, 2022 Surrey bowler Jamie Overton believes they can win a domestic double after making an unbeaten start to the season that has lifted the club top of the County Championship. The south Londoners drew their opening match with Warwickshire before cruising past Hampshire in a match that saw Overton take handy figures of 8-107. The former [...]
Latham & Watkins asks to drop sanctioned VTB Bank in lawsuit over downed flight MH17 April 20, 2022 Los Angeles law firm Latham & Watkins has asked for permission to drop Russia’s state-owned VTB Bank as a client, in a lawsuit over claims the sanctioned bank funded the militia group that shot down Malaysia Airline Flight 17. In a filing to a New York court, Latham & Watkins asked for permission to withdraw [...]