Women’s tennis chief ‘strongly’ opposed to bans for Russian and Belarusian players over Ukraine March 16, 2022 Steve Simon, the head of elite women’s tennis tour the WTA, says he “feels very strongly” that players from Russia and Belarus should not be prevented from playing because of the invasion of Ukraine. It comes after UK government ministers said assurances should be sought from Russian players that they do not support Vladimir Putin [...]
Soft drink giant Fever Tree highlights short term cost ‘uncertainty’ amid war in Ukraine March 16, 2022 Beverage maker Fever Tree has said Russia’s invasion of Ukraine has caused “significant uncertainty” for short term costs. Tim Warrillow, co-founder and CEO of Fever-Tree, said the war in Ukraine had “resulted in significant uncertainty in relation to our input costs in the short term.” UK revenue leaped 15 per cent in full year results [...]
As Britain turns its head to China, it must keep hold of strategic strength in Europe March 16, 2022 It was an apt anniversary; a year ago last week, the government published the “integrated review”, designed to reshape Britain’s global posture in the aftermath of Brexit. Along with the previous decisions to merge the Department for International Development into the Foreign Office and increase defence spending by over £16bn over four years, the review [...]
EU aims to boost gas supplies and reduce reliance on Russia March 15, 2022 All members of the European Union (EU) will have to collectively ensure gas stores are 90 per cent full by October each year.
Putin’s plane heist signals dark days ahead for Russia’s people March 15, 2022 Amongst the humanitarian carnage unleashed on Ukraine by Kremlin tyrant Vladimir Putin, what interest should there be in a bunch of expropriated planes? That more than five hundred airlines, owned by leasing companies predominantly based in Ireland, could soon become the (stolen) property of the Russian state is hardly the most pressing issue. But what [...]
Chelsea: Club face off-field shake-up once Abramovich era ends March 15, 2022 Change is in the air at Stamford Bridge, where a new owner is likely to be installed before the end of the season after Roman Abramovich was forced to put Chelsea up for sale. US bank the Raine Group has told bidders to register their best offers by Friday, with interest reported from suitors in [...]
Camelot loses National Lottery licence after 28 years as Czech contender Allwyn gets the jackpot March 15, 2022 National Lottery operator Camelot is set to lose its licence to run the lottery after 28 years as the Gambling Commission names rival Allwyn Entertainment as its preferred applicant to take on the venture.
China supply fears send London’s top indexes tumbling March 15, 2022 Fears over a possible slowdown in Chinese production caused by Beijing locking down one of the country’s top manufacturing hubs amid an outbreak in Covid-19 cases sent London’s top indexes lower yesterday. The capital’s premier FTSE 100 index dropped 0.25 per cent to 7,175.70 points, while the domestically-focused FTSE 250, which is more aligned with [...]
Chelsea ‘remove’ request for behind closed doors FA Cup tie March 15, 2022 Sanction-governed Premier League club Chelsea have ‘removed’ their request to have Saturday’s FA Cup quarter-final match against Middlesbrough played behind closed doors, according to an FA spokesperson. In a statement, the FA said: “After constructive talks between the FA and Chelsea, the club has agreed to remove their request for the FA Cup quarter-final tie [...]
Ukraine-induced surge in raw material costs forces Tesla to increase prices for second time in less than a week March 15, 2022 A war-induced surge in raw material costs has continued to hit the global automotive sector, causing giants such as Tesla to increase prices. The Austin-based car maker was forced today to increase its Chinese and US prices for the second time in a few days, following a surge in the cost of aluminium, palladium and [...]