Evraz denies Kremlin ties and downplays effect of sanctions March 9, 2022 Evraz has revealed it is "deeply concerned and saddened" by conflict in Ukraine, and hopes a peaceful resolution will be found.
Huawei UK directors quit over firm’s silence on Russian invasion March 9, 2022 Two British board members of Huawei’s UK subsidiary are set to resign over the Chinese telecoms giant’s refusal to condemn Russia’s invasion of Ukraine. As first reported by Mark Kleinman for Sky News, Sir Andrew Cahn and Sir Ken Olisa notified the company today that they intend to step down from their positions as non-executive [...]
Energy giants pump £75m into offshore wind schemes following UK ban on Russian oil imports March 9, 2022 Two energy giants will pump £75m into offshore wind projects, which could light 8.5m homes, as Britain looks to wean itself on dependence for Russian oil. ScottishPower and Shell have set aside the cash stimulus for initiatives to improve clean energy, after the duo were awarded rights to develop floating wind projects off the country’s [...]
Russian government rolls back intellectual property rights in response to Western sanctions March 9, 2022 The Russian government is pushing forwards with plans to undermine intellectual property rules and reverse the rights of Western patent holders, in an effort to counter the impacts of Western sanctions. The Russian government this week said Russian companies have no obligation to pay patent holders from countries that sanctioned Russia for use of their [...]
Russian ‘dumb bomb’ attack kills dozens of civilians in Ukrainian city of Chernihiv March 9, 2022 A Russian airstrike that reportedly killed 47 civilians in the northern Ukrainian city of Chernihiv may constitute a war crime, human rights group Amnesty International said today following an investigation into the attack. At approximately 12.15pm on Thursday 3 March, a small public square formed by Chernihiv’s Viacheslava Chornovola and Kruhova streets was hit by multiple [...]
Tokyo exploits global anti-Russia sentiment to announce Kremlin-controlled Kuril Islands belong to Japan March 9, 2022 Fumio Kishida, Japan’s prime minister, said that southern Kuril Islands are a sovereign part of his country, and not part of Russia, which has controlled the group of islands since 1945. Speaking in the Diet earlier this week, Kishida told lawmakers the Kuril Islands are “original territories of Japan”. The islands have been a point [...]
Investors hunt for bargains amid global market turmoil March 9, 2022 Investors have piled into flagging equities in the past week as they hunt for bargains amid the market turmoil sparked by Russia’s invasion of Ukraine.
Biden signs executive order on crypto amid surging US adoption March 9, 2022 The US government has unveiled fresh details about a highly anticipated crypto executive order which will be signed by President Biden later today.
OPEC+ underperforms as politics weighs on oil output March 9, 2022 Oil prices remain elevated in a volatile market, with OPEC+'s performance under increasing scrutiny amid escalating conflict in Ukraine.
BDO follows Big Four auditors in distancing itself from Russia March 9, 2022 Belgian auditor BDO has become the latest big accountancy firm to distance itself from Russia and Belarus, in response to Russia’s invasion of Ukraine. In a statement, the firm said it would cut all existing ties with sanctioned entities, including Russian and Belarusian state-owned companies and sanctioned individuals. The Belgian auditor noted that its Russian [...]