Twitter removes Russian embassy’s post calling Ukraine’s maternity bombing staged March 10, 2022 Tweets from the Russian embassy in London have been removed by the social media giant after it suggested that images from Ukraine's Mariupol maternity hospital bombing yesterday were staged.
Russian oligarchs look towards Dubai and Israel in efforts to avoid sanctions March 10, 2022 Legal experts have said Russian oligarchs, looking for new jurisdictions to store their wealth, may be turning towards Dubai and Israel due to a lack of other options, as they seek to avoid sanctions and exit Russia’s crumbling economy. Speaking to City A.M. David Savage, head of financial crime at London law firm Stewarts, said [...]
Clifford Chance to wind down Moscow offices amid scrutiny over law firm’s links to oligarchs March 10, 2022 Magic Circle law firm Clifford Chance has set out plans to close its Moscow offices, as City of London law firms face mounting pressure to sever all ties to Russia. Clifford Chance’s decision to “wind down” its Moscow offices comes just an hour after Magic Circle law firm Allen & Overy said it would be [...]
Magic Circle law firm Allen & Overy set to wind down Moscow offices March 10, 2022 Magic Circle law firm Allen & Overy has joined its Magic Circle rivals in vowing to wind down its Moscow office, as law firms from across Europe and the US pile out of Russia. Allen & Overy’s decision to wind down its Russian operations comes after the firm first opened its Moscow office in 1993. [...]
Gold price roars back as Ukraine-Russia talks yield no progress March 10, 2022 Gold resumed its charge this afternoon after the price faltered this morning on hopes of diplomatic progress between Russia and Ukraine.
Evraz shares suspended after Abramovich sanctions March 10, 2022 Shares in mining giant Evraz have dropped 11 per cent, after the government sanctioned major stakeholder Roman Abramovich.
U-Turn: former LSE chief resigns from Russian firm amid backlash March 10, 2022 Xavier Rolet has bowed to pressure and resigned as chairman of PhosAgro, a company facing sanctions over its ties to the Russian government.
Rio Tinto cuts ties with Russia March 10, 2022 Rio Tinto became the first major mining company to announce it was severing ties with Russian businesses following the invasion of Ukraine.
Chinese government advisor says ‘fake news’ is fuelling China’s hostility towards the West March 10, 2022 A leading advisor to the Chinese government has called on the Chinese Communist Party (CCP) to crack down on people spreading false information online, after claiming that fake news is polarising Chinese public opinion and fuelling hostility towards the West. Jia Qingguo, a senior government advisor and the former dean of the School of International [...]
Octopus bets big on wind power with four new European deals March 10, 2022 Octopus Renewables will nearly double its wind power capabilities after reaching four new deals to ramp up power generation in Europe.