Russia names new vaccine after iconic satellite Sputnik August 11, 2020 Russia has named its first approved coronavirus vaccine Sputnik V, in reference to the world’s first satellite launched by the Soviet Union in 1957. The choice in name was selected as a way of comparing the vaccine to what Russia views as its success in becoming the first country to approve a treatment, according to [...]
Activist investor Everest prevails in Petropavlovsk board battle August 10, 2020 Investor Everest Alliance has prevailed in a bitter boardroom showdown with Petropavlovsk as shareholders elected not to reappoint former chief executive Pavel Mavlovskiy. Shares plummeted on the back of the results, falling 8.7 per cent in the immediate aftermath of the meeting. Along with six other directors, Mavlovskiy was voted out at the firm’s previous [...]
Tory MPs in China Research Group targeted by phishing attacks August 6, 2020 Cybersecurity experts have slammed Parliament’s online security training as “appalling” after members of the Sino-sceptic China Research Group of Conservative MPs have been targeted by phishing attacks. China Research Group Tom Tugendhat, chair of the Foreign Affairs Select Committee and co–founder of the China Research Group, last week revealed he believed Chinese state-sponsored hackers were [...]
Petropavlovsk shareholders set for crunch vote after months of boardroom strife August 6, 2020 Shareholders at gold miner Petropavlovsk will on Monday vote to settle months of strife after a long-running tussle for control of the firm’s board. Voters will choose between rival proposals investors from Prosperity Capital Management and Everest Alliance over the future make-up of the board after seven directors, including chief executive Pavel Mavlovskiy, were ousted [...]
Spitting Image unveils puppets of PM and Cummings ahead of relaunch August 5, 2020 Spitting Image has unveiled its puppets of Boris Johnson and his chief adviser Dominic Cummings ahead of its return in the autumn. The show, which will relaunch after 24 years, was made famous in the 1980s for its mockery of politiians. Read more: Spitting Image to return after 24 years following Britbox commission It will [...]
UGC owner denies trying to takeover Petropavlovsk ahead of crunch vote August 5, 2020 The Russian billionaire who owns a 22 per cent stake in FTSE 250 gold miner Petropavlovsk has denied that he is seeking to take over the firm ahead of a crunch shareholder meeting on Monday. In an interview with the FT, Konstantin Strukov, who owns rival miner UGC, insisted that he wanted to see Petropavlovsk [...]
BP looks to a low carbon future after coronavirus oil carnage August 4, 2020 It’s not every day that an oil giant gets a slap on the back from Greenpeace. But that’s exactly what BP achieved this morning when it slipped out plans to produce 40 per cent less oil by the end of this decade. Alongside its second quarter results – which made ugly reading for investors, as [...]
Russian hackers ‘stole’ US-UK trade deal papers from Liam Fox’s email August 3, 2020 Classified US-UK trade documents were “stolen” from former trade minister Liam Fox’s email account by Russian hackers, according to reports. The papers, which were leaked ahead of the December General Election last year, were accessed via several hacks on Fox’s account between 12 July and 21 October, according to Reuters. Several sources declined to name [...]
Exclusive: Top Tory MP says Russia ‘taken hostage by mafia gang’ July 31, 2020 Tom Tugendhat MP, the chair of the foreign affairs select committee, has said the Russian state has been “taken hostage by a mafia gang”. The country is a “shell of its former self”, the MP for Tonbrige and Malling told City A.M’s The City View podcast. His comments came after a top UK security committee [...]
A data arms race has begun — it’s not a game, it’s a national security imperative July 31, 2020 Data privacy is a human right. It is also a matter of national — and international — security. If the “new Cold War” is upon us, as has been claimed on City A.M., it will be fought with information. However, the west seems less serious about the “data arms race” than China and Russia, leaving [...]