Russian markets, the rouble and Oleg Deripaska’s Rusal and En+ Group plunge on US sanctions April 10, 2018 Russian shares and other financial assets took a hammering on global trading floors yesterday as investors reacted to a fresh round of US sanctions targeting some of Russia’s most prominent tycoons. The biggest hit was taken by Russian oligarch Oleg Deripaska’s firms, with aluminium giant Rusal’s Hong Kong-listed share price more than halved, while shares [...]
“It was my mistake”: Facebook founder Mark Zuckerberg set to take personal responsibility for data breaches April 9, 2018 Facebook boss Mark Zuckerberg is set to take personal responsibility for data breaches on the social media site when he appears before US politicians on Wednesday. In the testimony he is due to give to the House of Representatives Committee on Energy and Commerce, Zuckerberg will say that Facebook “is an idealistic and optimistic company” [...]
May: Assad and his Russian backers must be held to account if behind chemical attack in Syria April 9, 2018 Theresa May has warned that Russia and the Assad regime will be held to account if the Syrian government is found to have been behind the alleged chemical attack on Syrian civilians this weekend. Speaking from Copenhagen alongside Danish Prime Minister Lars Løkke Rasmussen, May said the UK “utterly condemns” the attack in Douma, outside [...]
Xavier Rolet, former London Stock Exchange boss, to join the board of Russian fertiliser firm Phosagro | City A.M. April 9, 2018 Xavier Rolet’s latest venture has been unveiled after a Russian fertiliser giant said the former boss of the London Stock Exchange had been nominated to join its board as an independent director. Phosagro said its board and corporate governance system would be strengthened with Rolet’s “extensive professional experience”. Under Rolet’s watch, the LSE’s market capitalisation [...]
Facebook will now verify major page owners and advertisers in an effort to combat fake news April 7, 2018 Facebook is launching a new initiative to combat fake news by requiring verification for large pages and political advertisers. In a Facebook post last night, Mark Zuckerberg said the social media giant will begin to require people who manage “large” pages to be verified. “This will make it much harder for people to run pages [...]
Russia moves to block encrypted messaging app Telegram April 6, 2018 Russia’s media regulator has filed a lawsuit to block the encrypted messaging app Telegram in the country. The watchdog Roskomnadzor is seeking to limit access to the app, a rival to WhatsApp, after the firm failed to give Russian FSB security service access to encrypted messages before a 4 April deadline. It follows reports that [...]
Friends disunited: US imposes sanctions on Russian oligarchs including Oleg Deripaska April 6, 2018 The US has imposed sweeping sanctions against Russian oligarchs, as the Trump administration continues its assault against friends of President Vladimir Putin. Billionaires Oleg Deripaska, Viktor Vekselberg, Suleiman Kerimov and Kirill Shamalov, who the US said is married to one of Putin’s daughters, are on the hit list revealed by the US Treasury this afternoon. [...]
Sergei Skripal no longer critical, say doctors April 6, 2018 Sergei Skripal, the Russian ex-spy poisoned by a nerve agent in Salisbury last month, is no longer in critical condition, doctors have said. Salisbury District Hospital said 66-year-old Skripal was responding well to treatment and “improving rapidly”. The news comes just a day after police released a statement from his 33-year-old daughter Yulia, who has [...]
Arsenal 4, CSKA Moscow 1: Aaron Ramsey and Alexandre Lacazette send Gunners to brink of Europa League semi-finals April 5, 2018 Arsenal 4, CSKA Moscow 1 Arsenal manager Arsene Wenger hailed the quality of Aaron Ramsey’s finishing after the midfielder’s goals swept his team to the brink of the Europa League last four. Ramsey and striker Alexandre Lacazette scored two each in a first-half dismantling of CSKA Moscow that Wenger called “spectacular” and affords the Gunners [...]
A truly global Britain would not meddle with the market – Theresa May’s government must be careful how it deals with De La Rue, GKN, Melrose and Sky April 4, 2018 With the Conservatives and Labour neck-and-neck in the polls and a Brexit-shaped mountain building up in her in-tray, the last thing Theresa May needs is a trio of tricky situations emanating from the business world. Yet that is precisely the situation in which the Prime Minister finds herself. Away from the far weightier concerns of [...]