Extinction Rebellion: City of London to be next climate campaign target August 19, 2021 Environmental activists have said they will begin a fresh campaign next week in the heart of the capital’s financial district. The fortnight-long campaign targets the City of London, which Extinction Rebellion activists blame for stoking climate change with fossil fuel investment chains. Extinction Rebellion (XR) has regularly staged demonstrations across the UK – targeting banks [...]
Metals group En+ reaps rewards of commodity price surge with $6.5bn revenue August 19, 2021 Energy and metals group En+ has reaped the benefits of the pandemic-induced commodity price surge as its revenue has jumped to $6.5bn in the past six months. The Anglo-Russian group has seen its revenue climb 31.5 per cent in the six months to 30 June, up from $4.9bn in the same period last year. Shares [...]
The spy case in Berlin is a reminder that money will always be the greatest temptation and weapon August 16, 2021 Spying almost always makes headlines whenever it hoves into public view. There is something inherently fascinating about the idea of nations engaged in cloak and dagger operations against one another, trying to find a weak point they can exploit for their own advantage. All the more so when an intelligence service employs dramatic tactics like [...]
The spy case in Berlin is a reminder that money will always be the greatest temptation and weapon – CityAM : CityAM August 16, 2021 Spying almost always makes headlines whenever it hoves into public view. There is something inherently fascinating about the idea of nations engaged in cloak and dagger operations against one another, trying to find a weak point they can exploit for their own advantage. All the more so when an intelligence service employs dramatic tactics like [...]
Judge rules Credit Suisse banker was unfairly sacked over rogue trade August 16, 2021 An employment tribunal has found that banker Ellina Volkova, who carried out a rogue trade on behalf of a Russian client that cost the bank £20,000, was unfairly dismissed by Credit Suisse as the bank’s investigation into her behaviour was “unjustifiably delayed.” As part of his judgement, Judge David Massarella found against Volkova’s claim that [...]
Russia to expel BBC journalist in ‘symbolic deportation’ August 13, 2021 Russia has told a BBC journalist working in Russia to leave the country by the end of the month in what it described as a “symbolic deportation”. In a sign of further tensions between the two nations, Russian state media reported that Sarah Rainsford, one of the broadcaster’s two English-language Moscow correspondents, will be expelled [...]
Germany detains British man suspected of spying for Russia August 11, 2021 British police have confirmed that a 57-year-old British national has been arrested by German authorities on suspicion of his involvement in “intelligence agent activity” with Russia. It comes after German prosecutors announced that they had detained the British citizen on Tuesday in Potsdam on suspicion of spying for Russia while working at the British Embassy [...]
Russia launches criminal probe into two allies of Kremlin critic Navalny August 10, 2021 Russian authorities have launched a criminal investigation into two top allies of Kremlin critic Alexei Navalny, for raising money for his political network – which has been labelled extremist. Allies Leonid Volkov and Ivan Zhdanov, who have already been exiled from the country, are at the centre of the investigation which was opened after a [...]
Rolls-Royce set to sell ITP Aero to Bain ‘for €1.6bn’ August 4, 2021 Rolls-Royce has entered exclusive talks to sell its Spanish unit ITP Aero to a consortium led investment house Bain Capital for a rumoured €1.6bn (£1.5bn). The FTSE 100 engineer is looking to raise £2bn from selling off various assets in a bid to restore its balance sheet after the travails of the coronavirus pandemic. ITP, [...]
Rolls-Royce finally gets Norwegian unit sale across the line with £54m Langley deal August 4, 2021 FTSE blue-chip Rolls-Royce has agreed to sell Bergen Engines, its Norwegian maritime engine manufacturing arm, to UK engineering group Langley Holdings with a new price tag of €63m (£53.6m). Rolls-Royce will retain €110m (£93.6m) from the sale – €70m from the transaction in addition to €40m Bergen currently holds in cash. This is in line [...]