Forest surrounding Chernobyl ablaze as Russia reports stable levels of radiation March 28, 2022 There is a large forest fire burning in the Chernobyl exclusion zone, which have lead to heightened levels of radioactive air pollution, a Ukrainian official has warned. There is a threat to neighbouring European countries, as there is more than 10,000 hectares of forest ablaze, according to commissioner of the Verkhovna Rada of Ukraine for [...]
Oil prices tumble as Shanghai shuts down amid surging Covid-19 cases March 28, 2022 Oil prices dipped four per cent on both major benchmarks this morning following Shanghai's launch of a two-stage lockdown to combat Covid-19.
Octopus Renewables Investment Trust calls for clearer direction in government energy strategy March 28, 2022 ORIT has reported a 9.3 per cent growth in NAV and fully covered dividends in its full-year results following multiple new deals.
Sunak eyes another council tax rebate after poor response to his spring statement March 28, 2022 Rishi Sunak is considering a further council tax rebate for Brits struggling with the cost of living crisis, after his spring economic statement was met by a very poor response on Wednesday. The chancellor is reportedly now looking into offering a further multi-billion pound package to help people with soaring energy bills and other household [...]
Ukraine war: Peace talks set to resume as Kyiv recaptures villages March 27, 2022 Ukrainian and Russian officials will resume peace talks in Turkey tomorrow, after Kyiv claimed that its forces have re-taken villages near two major cities under fierce attack. David Arakhamiya, a member of the Ukrainian negotiating team, today said on a Facebook video that another round of in-person negotiations will happen between 28 and 30 March. [...]
Zurich axes Z symbol after letter is adopted by pro-war groups March 27, 2022 Insurance giant Zurich has scrapped the use of its ‘Z’ logo from social media after the letter became appropriated as a symbol for support of war in Ukraine.
Ukraine: Antony Blinken says US not seeking regime change in Russia March 27, 2022 The US is not looking to pursue regime change in Russia in spite of comments made by Joe Biden yesterday, secretary of state Antony Blinken has said. The US President said last night in Warsaw that Putin was a “butcher” who “cannot remain in power”, before White House officials quickly backtracked and said Biden was [...]
Short sellers pile into Royal Mail after top investor feels the strain of war March 27, 2022 Short sellers are piling into bets against Royal Mail after the shocks of war in Ukraine put the squeeze on its largest investor, Czech billionaire Daniel Kretinsky.
Bank of England should use Russian reserves to repair Ukraine economy March 27, 2022 The Bank of England should use the Russian central bank’s frozen reserves held at Threadneedle Street to help rebuild the Ukrainian economy. That’s according to the head of Ukraine’s central bank who today urged governor Andrew Bailey and co to allocate the around £21bn of sanctioned assets to repairing the damage inflicted on Ukraine’s cities [...]
Truss: UK could lift Russia sanctions if Putin withdraws from Ukraine March 27, 2022 The UK could lift its set of crippling economic sanctions on Russia if Vladimir Putin withdraws his troops from Ukraine and promises to commit “no further aggression”, foreign secretary Liz Truss has said. Truss said last night that an “off ramp” could be offered to Putin if he stops his invasion of Ukraine, but that [...]