Crypto exchange Coinbase blocks 25,000 Russian accounts March 8, 2022 Crypto exchange Coinbase has blocked 25,000 accounts linked to Russian individuals and businesses.
Global markets finally cool after series of volatile sessions March 8, 2022 Global stock markets were a bit calmer today, allowing investors who have been involved in a series of severely volatile sessions since Russia sent troops into Ukraine to breathe a sigh of relief. The capital’s premier FTSE 100 index inched 0.07 per cent higher to close at 6,964.11 points, while the FTSE 250 index, which [...]
Zelensky invokes Churchill as tells MPs ‘we will fight in the forests, in the fields, on the shores, in the streets’ March 8, 2022 Volodymyr Zelensky invoked Winston Churchill’s most famous speech in a historic address to the House of Commons today, telling MPs “we will fight in the forests, in the fields, on the shores, in the streets” and that “we will not lose”. In the first ever address by a foreign leader in the Commons, the Ukrainian [...]
The City View: US and UK boycott Russian oil, and Susannah Streeter and Michael Hewson on inflationary pressure March 8, 2022 Today Andy Silvester sits down for a chat with Hargreaves Lansdowns’ Susannah Streeter and CMC Markets’ Michael Hewson. They discuss trading being suspended on the London Metal Exchange after a record price spike in nickel; the Bank of England assessing inflationary pressures; and a whole mélange of financial woes for Brits as energy bills, taxes, [...]
Binance chief executive drops plans to snap up Chelsea FC March 8, 2022 Binance has reportedly ruled out a takeover of football club Chelsea after discussing the proposition last week.
Ukraine: UK bans all Russian oil imports from end of 2022 March 8, 2022 The UK will ban all imports of Russian oil and oil products from the end of this year in response to the invasion of Ukraine, business secretary Kwasi Kwarteng has announced. Kwarteng said the government would provide support to businesses in managing the transition, while also saying that he is “exploring options” in regards to [...]
Former Mishcon de Reya partner fined £17,500 for breaching anti-money laundering laws March 8, 2022 A former partner at London firm Mishcon de Reya has been ordered to pay £21,000 for his role in a money laundering scandal, which in January led to Mishcon being hit with a record £232,500 fine. The Solicitors Regulation Authority (SRA) fined former Mischon partner Michael Nouril £17,500 and told the M&A lawyer he must [...]
Ofgem boss: Hike in household energy bills ‘almost inevitable’ March 8, 2022 Ofgem boss Jonathan Brearley has warned a further painful hike in household energy bills is “almost inevitable."
Ukraine’s secret weapon: High-tech drone ‘the Punisher’ is wreaking havoc far behind Russian enemy lines March 8, 2022 A re-deployable drone called ‘The Punisher’ is increasingly making life difficult for the Russian Army by destroying crucial supply lines. The relatively small, nimble drone can travel up to 30 miles behind Russian enemy lines and is extremely hard to detect. When flying at about 1,300 feet, it can stay up in the air for [...]
Premier League suspend broadcast deal in Russia over Ukraine invasion March 8, 2022 The Premier League has today suspended its broadcast deal with Russian broadcast partner Okko Sport over the country’s invasion of Ukraine. The organisation will also donate £1m to support the Ukrainian people. This comes days after Chinese state broadcasters refused to show parts of Premier League games where there would be organised displays of solidarity [...]