A decade of departures: Moscow only city with worse millionaire exodus than London April 9, 2025 If Knight Frank’s inaugural Global Cities survey was anything to go by, London had the world at its feet in 2013. Respondents to the property giant’s annual poll of global wealth advisers declared the UK capital—not Singapore, Geneva, or any of America’s embarrassment of global cities—the ‘most important city in the world’ to their ultra-high-net-worth [...]
Oil prices plummet as Saudis lead supply drive April 4, 2025 Oil prices are falling to their lowest close since 2021 as eight countries including Saudi Arabia and Russia surprised market leaders by announcing an increase to production. The shock decision by the OPEC+ alliance, delivered via a video conference on Thursday, came less than 24 hours after President Trump’s Liberation Day tariff announcements intensified global [...]
Fifa president Infantino ‘cheering’ for Russia’s return to football April 3, 2025 Fifa president Gianni Infantino wants Russia to return to world football as part of a peace pact with Ukraine, saying it is “what we have to cheer for”. Russia have effectively been barred from Fifa and Uefa club and national team competitions at all levels since its invasion of Ukraine in 2022. The US is [...]
Russians eye up London mansions – but what might they come back to? April 2, 2025 The UK government is sitting on around £1.1bn of sanctioned London housing stock from Russians accused of corruption or Kremlin links. Many Russians have withdrawn from new purchases in the capital due to the difficulty of getting a mortgage. There are still Russians who own property, and live, in London, but – and this is [...]
Trump condemns Putin as two killed in Russian strikes on Ukraine March 30, 2025 Donald Trump has hit out at Russian President Vladimir Putin for comments he made about the leader of Ukraine. The US president was speaking after Russian drones hit a military hospital, shopping centre and apartment blocks in Ukraine’s second-largest city of Kharkiv, killing two people and wounding dozens. In an interview with NBC News, he [...]
UK to land Europe’s first rover on Mars March 29, 2025 Airbus UK has secured a £150m contract to engineer the landing platform for Europe’s first Mars rover. The Rosalind Franklin rover, which was built entirely in Stevenage, is scheduled to launch in 2028 and touch down on the red planet in 2030, marking a major milestone in European space exploration. The mission, led by European [...]
Russian oligarch ex-wife drops lawsuit against City law firm over ‘Luna’, the superyacht March 27, 2025 The ex-wife of a Russian oligarch has pulled her lawsuit against the law firm and partner who handled her divorce
Interpol has a Russia problem March 27, 2025 The Kremlin is weaponising red notices to silence its enemies - and Interpol is tolerating it, write Ben Keith and Rhys Davies.
Law firm Jenner & Block added to Trump’s hit list March 26, 2025 US President Trump continues his war on Big Law as law firm Jenner & Block tagged onto his hit list following a new executive order
US investment giant: This isn’t a repeat of the dot-com bubble March 26, 2025 With the recent dip in US tech stocks coinciding with the 25th anniversary of the dot-com bubble’s peak in March 2000, many investors are worrying that history is set to repeat itself. Indexes of US ‘mega cap’ stocks have fallen 6.7 per cent this year, underperforming all other market sectors, according to data from US [...]