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 [...]
Moldova asks EU for help after Gazprom’s gas flow closure October 12, 2021 Moldova is asking European countries for help after Russian energy corporation Gazprom drastically reduced gas shipments to the country. As reported by the Financial Times, Moldova is requesting emergency gas supplies through Romania to relieve pressure, reducing shortages and easing the increase in prices. Gas supplies in the country have fallen by a third as [...]
Watch as Russian authorities probe prison torture and sexual assault videos October 7, 2021 Russian authorities said they have fired five senior prison officials and opened a slew of criminal investigations into alleged torture and sexual assaults at a jail in the Saratov region. Warning: This edit contains graphic footage.
Industrials rally lifts FTSE 100 but inflation jitters linger October 7, 2021 A rally among industrial stocks lifted London’s FTSE 100 this morning, but concerns about stickier than expected inflation tempered gains on the capital’s markets. The FTSE 100 added 0.78 per cent to rise above the 7,000 threshold in the opening session. Market sentiment has been stung by concerns the UK economy is headed for a [...]
Mark Carney slammed over fossil fuels ahead of COP26: ‘Watering down rules for finance’ October 7, 2021 Just weeks before the UK hosts the COP26 climate summit, around 90 climate groups have written to UN Special Envoy Mark Carney and place ads in the Financial Times and Toronto Star today, urging him “to stop greenwashing financial institutions that continue to invest in expanding fossil fuel infrastructure.” The groups said that, while his [...]
Putin on the pressure: Gas prices up and down on volatile day October 6, 2021 NATURAL gas prices hit record highs early yesterday before plummeting after Vladimir Putin said he would ramp up gas supplies to Europe. November natural gas futures contracts scaled to a record high of 404p per therm, the first time they have ever breached the £4 mark. In the last year alone, prices have risen by [...]
Blairs hit back after Pandora Papers property revelation October 4, 2021 TONY Blair is amongst a host of high-profile global figures who have been dragged into a row over offshore taxation after the leak of thousands of pages of confidential financial documents. Dubbed the Pandora Papers, the leak is set to raise difficult questions for figures as prominent as Vladimir Putin and the King of Jordan. [...]
Pandora Papers leak: Putin, Tory donors and the King of Jordan among the rich and powerful with financial secrets exposed October 3, 2021 The secret deals and hidden assets of the world’s most powerful politicians and billionaires have been revealed in the biggest leak of financial offshore data in history. More than 100 billionaires, 30 world leaders and 300 public officials’ undercover dealings have been exposed in a joint investigation by BBC Panorama with the Guardian and other [...]