FTSE Russell to delete Russian firms from indexes including Evraz March 14, 2022 London Stock Exchange subsidiary FTSE Russell has said it intends to delete several Russian firms from its indexes. Companies to be deleted include Evraz, the FTSE 100 steel giant, of which former Chelsea owner and billionaire oligarch Roman Abramovich owns a 29 per cent stake. Other firms include Polymetal, the FTSE 100 precious metals mining [...]
UK looks north: Oil and gas remain key to energy independence March 14, 2022 The UK is seemingly committed to North Sea oil and gas as it cuts itself off from Russian energy supplies following the invasion of Ukraine.
Shell announces pounds sterling dividend payments after oil firm slashes ties with Russia March 14, 2022 Shell has announced the pounds sterling and euro equivalent dividend payments for its latest interim dividend. The London-listed fossil fuel giant announced its fourth quarter 2021 interim dividend on 3 February at $0.24 per ordinary share. Shareholders will be entitled to €0.2181 or 18.28p per ordinary share, providing they had validly submitted US dollars, euros [...]
Government minister urges consumers to be more cautious about online security March 14, 2022 Consumers need to be even more cautious with their digital activity amid “heightened international tensions”, warned James Cleverly.
We must not put ourselves into turmoil for a short-lived upper hand on Russia March 14, 2022 Since Russia’s invasion of Ukraine, the security of our energy supply – already volatile over the last few months – has taken on a renewed urgency. It is not a new concern—the “energy gap” has been a hot topic for at least the last decade—but the prospect of disrupting, suspending or severing entirely our economic [...]
Russia attack on Ukraine army base near Nato border kills 35 March 13, 2022 An attack on a Ukrainian army base near the border of Poland has killed 35 people and brought the war close to Nato territory. In the most deadly single strike of the war, Russia reportedly fired 30 rockets at the Yavoriv International Centre for Peacekeeping and Security near the city of Novoiavorivsk – a base [...]
Sunak: UK businesses need to urgently cut links with Russia March 13, 2022 More British businesses need to urgently cut any ties with Russia to “inflict maximum economic pain – and to stop further bloodshed,” Chancellor Rishi Sunak urged today. Western blue-chips have been severing ties with Moscow in a combined effort to freeze Russia out of the global economy. The likes of Shell and BP are in [...]
Iran suspends Saudi Arabia talks while US deal hits Russian roadblock March 13, 2022 Iran has paused talks with Saudi Arabia while Russian demands have curtailed its attempts to revive former arrangements with the US.
Bank of England calls on crypto firms to impose sanctions March 13, 2022 The UK's central bank has called on firms to ensure sanctions are enforced amid the conflict between Russia and Ukraine.
UK steel firms suspend imports of Russian coal March 13, 2022 Tata Steel UK (Tata) and British Steel have both suspended imports of Russian coal, according to The Mail on Sunday. The decision follows sustained pressure from Western governments for businesses to divest from Russia, as it ramps up sanctions on the country following the invasion of Ukraine. Coal is used to heat blast furnaces up [...]