OneWeb suspends satellite launch following Russian invasion March 3, 2022 Broadband firm OneWeb has said it will be suspending its Baikonur satellites launches following the ongoing invasion of the Kremlin in Ukraine. The tax-payer backed company came under fire for supposed plans to go ahead with the launch of 36 satellites using Russian Soyuz rockets. A spokesperson from OneWeb said this morning: “The Board of [...]
Russian athletes banned from Winter Paralympics after rivals threaten boycott March 3, 2022 Athletes from Russia and Belarus have been banned from the Beijing Winter Paralympics after other nations, including Britain, threatened a boycott. The move represents a swift U-turn from International Olympic Committee, which had on Wednesday said they could compete as neutrals when the Games begin on Friday. It is the latest sporting sanction to hit [...]
London Stock Exchange blocks trading of Russian firms after sell-off frenzy March 3, 2022 The London Stock Exchange (LSE) has blocked trading of 27 Russia-linked firms today after their value plummeted as investors scrambled to sever ties with Russia and limit their exposure to Western sanctions.
Ed Warner: Sport needs a united front against Russia, not patchwork of policies March 3, 2022 On the opening day of Russia’s invasion of Ukraine the Polish wheelchair rugby team decided not to take to the court in their Euros group match against Russia in Paris. A classy move. If only others were so decisive. The leaders of world sport are already divided in their response to Vladimir Putin’s war. It [...]
UK refers Russia to international criminal court over ‘barbaric’ invasion March 2, 2022 The UK has joined 38 countries to make the "largest ever" referral to the International Criminal Court over Russia's invasion of Ukraine.
Binance defies calls to block Russian users from crypto exchange March 2, 2022 The chief executive of Binance has defied calls to freeze the accounts of Russian users amid conflict with Ukraine.
Airbus exits Russia as aviation industry cut off March 2, 2022 Airbus has become the latest company to cut off Russia by halting its support for the country's aviation industry.
London top indexes post stellar day on commodities boom March 2, 2022 London top indexes staged a stellar day yesterday as investors poured into industrial stocks as commodity prices soared. The capital’s premier FTSE 100 index climbed 1.36 per cent to 7,429.56 points, while the domestically-focused FTSE 250 index, which is more aligned with the health of the UK economy, advanced 1.34 per cent to 20,775.82 points. [...]
Putin accused of attempted genocide as UN passes resolution to condemn Russia’s invasion of Ukraine March 2, 2022 The United Nations officially condemned Russia’s invasion of Ukraine today, with Boris Johnson saying that “we are united in our abhorrence to the evil actions” of Vladimir Putin. The UN’s general assembly voted 147 to five, with 34 abstentions, to pass the motion of censure this evening as Ukraine’s largest cities come under intensified bombing. [...]
Pressure grows on pension providers to scrap Russian investments March 2, 2022 Pressure is growing on the UK’s biggest pension and insurance fund managers to slash their Russian exposure.