Oil prices continue resurgence amid escalating supply shortage fears April 13, 2022 Both major benchmarks extended gains today, with Russia revealing peace talks with Ukraine had reached a dead end.
High Court judge calls for cap on divorce costs as Siberian supermarket exec racks up £8m in fees April 13, 2022 A High Court judge has called on the government to put a cap on the cost of getting a divorce, in commenting on a protracted legal battle between a Siberian supermarket executive and her homemaker husband. Mr Justice Mostyn decried the “apocalyptic” state of affairs, that has seen a couple rack up £5.4m in costs, [...]
Ukraine: UK sanctions another 206 Russians in response to railway bombing April 13, 2022 The UK has hit another 206 individuals with sanctions in response to an horrific attack on civilians trying to escape Russia’s invasion at a train station last week. Foreign secretary Liz Truss said 178 of those sanctioned were key members of the Russian-backed Lugansk and Donetsk breakway states in the eastern Donbas region. The train [...]
Russia to pursue alternative buyers as West ramps up sanctions April 13, 2022 Russia will pursue alternative markets for its energy exports, revealed President Vladimir Putin, amid escalating tensions with the West.
French Election 2022: Macron accuses Le Pen of secret ‘Frexit’ plan April 13, 2022 French president Emmanuel Macron has accused his right-wing rival Marine Le Pen of a secret ‘Frexit’ plan. The head of state made his comments as polls predicted a tight race for the top job, which comes to a head on 24 April. Speaking at a rally in eastern France, he said Le Pen is disguising [...]
EU ports ask bloc for ‘clear list’ of banned Russian vessels April 13, 2022 European ports have asked Brussels for a “clear list” of Russian vessels that need to be banned following Moscow’s invasion of Ukraine. The European Sea Ports Organisation (ESPO) expressed its support for the EU’s latest round of sanctions against Russia but stressed the importance of having a clear and uniform approach to the boycott in [...]
BlackRock profits soar as funds notch $114bn inflows April 13, 2022 Asset management giant BlackRock sailed past profit estimates today after investors poured cash into its index and active traded funds in the first three months of the year.
Russia-Ukraine war deals JP Morgan £402m blow April 13, 2022 The US’s largest bank, JP Morgan, has been dealt a $524m (£402m) blow from losses linked to assets it owns in Russia, it announced today. The firm headed by Jamie Dimon said losses had been driven by “markdowns of derivatives” tied to Russian counterparties. The Wall Street investment bank has been part of a western [...]
Extinction Rebellion: Scientists glue themselves to government department in climate protest April 13, 2022 Scientists aligned to the Extinction Rebellion group have glued themselves to the department for Business, Energy and Industrial Strategy (BEIS) building in a climate protest. In images and footage posted on social media, campaigners with the Scientists for Extinction Rebellion group, took part in the demonstration unfurling a banner saying ‘end fossil fuels now.’. This [...]
China’s biggest oil and gas producer plans Western exit as US threatens sanctions April 13, 2022 CNOOC - China's top offshore oil and gas producer - is preparing to ditch its operations in the UK and North America.