Russia on cyber offensive to sabotage Olympic Games in Tokyo October 19, 2020 Dominic Raab today said there have already been attempts by Russian military intelligence to disrupt the 2020 Olympic Games in Tokyo with malicious cyberattacks.
UK sanctions six Russian officials over Alexey Navalny poisoning October 15, 2020 The UK will enforce asset freezes and travel bans on officials responsible for the poisoning of Russian opposition leader Alexey Navalny, the foreign secretary has announced. Dominic Raab today said the UK will apply sanctions announced this morning by the EU against six Russian individuals and an entity involved in the attempted murder of Navalny [...]
Petropavlovsk deputy chief out as Hambro era comes to an end October 12, 2020 Petropavlovsk’s deputy chief executive has today left the firm as the Russia-focused gold miner shakes off the last traces of the Peter Hambro era. Alya Samokhvalova, who had been with the company for nearly two decades, was a key member of the mining group’s old guard. She took on the role of temporary chief exec [...]
Gold miner Petropavlovsk slashes production forecasts October 9, 2020 Petropavlovsk drastically slashed its production forecasts this morning in its first market update since the summer’s bloody boardroom struggle. In a trading update, the Russia-focused gold miner said that production volumes would now come in between 560,000 to 600,000 ounces, down from previous estimates of up to 720,000 ounces. The FTSE 250 firm said the [...]
Cambridge Analytica did not misuse data to influence Brexit, watchdog rules October 7, 2020 Disgraced political consultancy Cambridge Analytica did not misuse data to try and influence the outcome of the 2016 Brexit referendum, a major probe has concluded. The Information Commissioner’s Office (ICO) has spent three years investigating the use of personal data in political campaigning by the now defunct SCL Elections — the parent company of Cambridge [...]
Rishi Sunak mulls plans to block suspect companies listing on stock exchange October 7, 2020 Chancellor Rishi Sunak is considering plans to block suspect companies from listing on the London Stock Exchange (LSE) on national security grounds. Sunak is said to be rolling out a consultation on the details over the next few weeks, following mounting pressure from MPs who fear the stock exchange is vulnerable to foreign powers, the [...]
Cairn Energy plunges to $324m loss after hefty one-off charge September 29, 2020 Oil explorer Cairn Energy today booked a $324m (£251.8m) loss for the first half after it was hit by a hefty impairment charge related to its assets in Senegal. However, the FTSE 250 firm said that it had safely managed the coronavirus crisis and was well positioned to generate future growth. The figures In a [...]
Crypto ETP volumes plunge while demand for stablecoins keeps growing September 29, 2020 This week CryptoCompare data shows the price of Bitcoin (BTC) moved from around $10,700 to a $10,250 low before moving sharply up to test the $11,000 mark. A breakout above $11,000 failed and BTC is currently trading around $10,850. Ether (ETH), the second-largest cryptocurrency by market capitalization, started the week around $360 and just like [...]
ING says transaction named in FinCEN files was an administrative error September 23, 2020 ING has hit back at reports citing the FinCEN files that said a Polish subsidiary of the Dutch bank altered the name of a Russian sender on sanctions blacklists on a large payment in 2014 to conceal the sender’s identity. In a statement issued this morning, the lender said the reports were misleading and that [...]
Japan’s Yoshihide Suga: New Prime Minister, same old problems September 21, 2020 All my life I have been fascinated by island kingdoms with honour cultures off large, unknowable continents. For in both the UK and Japan, things are rarely as they seem, and subtext is all. For example, the key to understanding modern Japanese politics is to know that the long-dominant Liberal Democratic Party (LDP) is not [...]