Alok Sharma hints that significant Cop26 deal can be done without China October 20, 2021 The UK’s president of the Cop26 has hinted that a significant deal could be done at the climate change summit without China as fears grow the world’s biggest emitter will not come to the negotiating table. Alok Sharma today emphasised the importance of the G20 countries in helping decreasing global emissions as he was being [...]
Vladimir Putin will not attend UN Cop26 climate summit in Glasgow October 20, 2021 Russian President Vladimir Putin will not attend the Cop26 climate change summit in Glasgow later this month, the Kremlin has confirmed. Putin’s decision to not attend is a major blow to Boris Johnson and will spark further fears that the ambitions of the US and UK governments at the summit will go unfulfilled. Putin’s no-show [...]
FCA fines Credit Suisse over £147m for ‘tuna bond’ loan failures in Mozambique October 19, 2021 Credit Suisse has been fined over £147 million by the Financial Conduct Authority (FCA). The investment bank has been punished for serious due diligence failings involving two loans worth over $1.3bn and a bond exchange arranged for the Republic of Mozambique. The fine settles a long-running US probe into Credit Suisse’s role in the Mozambique [...]
Nord Stream 2 fills pipeline with gas ahead of regulatory approval October 18, 2021 Nord Stream 2 has been filled with “technical gas” while awaiting clearance from Germany’s regulator. The pipeline’s Swiss operator Nord Stream 2 AG has filled the first of the project’s two lines with 177 million cubic metres of gas in order to maintain pressure in the pipeline for future exports. The newly constructed 764-mile pipeline [...]
Russia will look to ‘rescue’ UK in energy crisis October 17, 2021 Russia will try to “come to the rescue” of the UK amid rapidly rising energy costs, says the country’s ambassador Andrei Kelin. He told Andrew Marr that that if there is an “opportunity” to help the UK, then the country will “do what we can to alleviate difficult conditions which are now being created with [...]
Putin could miss COP26 climate conference October 17, 2021 Vladimir Putin has not decided whether to attend the upcoming COP26 climate conference in Glasgow later this month. Russian ambassador to the UK, Andrei Kelin, told Andrew Marr that a decision on the president’s trip has “not been taken yet”. This follows Wednesday’s comments from the Russian premier that he might avoid the conference due [...]
Skiing in Uzbekistan, the cold heart of the Silk Road October 16, 2021 I remembered the loudness of a helicopter, its blades beating the air like an incensed dragon. What I hadn’t realised, though, is that when a helicopter lands on deep snow, the force creates a blast of ice and powder which rips through your clothing and stings any inch of exposed skin. It goes on and [...]
Russia’s Yandex steps into London’s hyper-competitive online grocery market October 15, 2021 Delivery drivers sporting the bright yellow colours of Yango Deli will be visible across London after the international e-grocery arm of Russian tech giant Yandex became the latest player to launch in the UK’s crowded delivery market. Watch the full report.
Full fibre broadband is the next gold rush to get Britain connected October 14, 2021 There is a gold rush taking place in the UK right now. Private equity barons and telecoms cowboys are pouring money into BT Openreach challengers. Last month Abu Dhabi’s Mubadala Investment Company and the IKEA holding company Intergogo injected over £1bn in CityFibre. It was the largest single round of funding into a UK full [...]
Putin: Russia is not using gas as a weapon October 13, 2021 Vladimir Putin has dismissed claims that Russia is weaponizing its supplies of natural gas to speed up Germany’s approval of the completed Nord Stream 2 pipeline and to destabilise European energy prices. The Russian president has described the accusations as “politically motivated blather with nothing to support it”. He believed that European governments are looking [...]