Weir Group: Mining tech giant buffs lagging sector with strong returns February 29, 2024 The group's positive showing amidst a downturn in the mining sector
Square Mile and Me: Town crier Alan Myatt on his accidental career and messing up names February 29, 2024 Alan Myatt, City of London town crier – and world record holder for loudest crier – tells us about his unique role in the Square Mile.
‘Global oil demand will peak beyond 2030’ – Vitol CEO February 27, 2024 The head of Vitol has said the ongoing conflicts in the Eastern part of the globe have not moved the market towards significantly greater distress.
Aercap collected £1bn in legal settlements over stranded Russian planes February 26, 2024 US-Irish aviation leasing giant Aercap has revealed that it has recovered just under $1.3bn (£1.02bn) in insurance settlements
Russian tycoon’s ‘anti-anti-suit injunction’ succeeds as Transneft to face $14bn English claim February 26, 2024 The English High Court has ordered Russian state-owned oil pipeline company Transneft to adjourn its legal proceedings in a Moscow court. The oil company is facing a $14bn lawsuit in London after Russian tycoon Ziyavudin Magomedov launched the case last year against the oil company, DP World and Russian state-owned agencies. Magomedov launched the legal [...]
Sunak pushes for more seizures of Russian assets in UK to aid Ukraine February 25, 2024 The prime minister has said the UK “must be bolder in seizing hundreds of billions in assets".
US and EU pile new sanctions on Russia February 24, 2024 The United States and the European Union have heaped new sanctions on Russia on the eve of the second anniversary of its invasion of Ukraine and in retaliation for the death of noted Kremlin critic Alexei Navalny last week in an Arctic penal colony. The US government imposed roughly 600 new sanctions on Russia and [...]
Government backs SLAPPs bill to stop gagging of press amid warning it needs more work February 23, 2024 The UK Government has backed a bill that will crack down on SLAPPs that will prevent wealthy or corrupt people from gagging journalists by using the legal system. Strategic Lawsuits Against Public Participation (SLAPPs) is a term given to defamation cases and legal threat that are generally brought against journalists and campaigners as a form [...]
Who is buying London’s mansions? 60 per cent go to wealthy buyers from four countries February 23, 2024 The super-prime market in London is booming. More mansions in the capital are being sold, for higher prices, to an increasingly international base. In 2023, sales of super-luxury new-build London apartments rose by 137 per cent to an average of £4,306 per square foot, according to Beauchamp Estates. Supply of luxury houses has also been boosted by an influx [...]
Bill Browder: How the UK should punish Putin for Navalny’s death February 22, 2024 The UK government must confiscate Russian central bank assets and do “everything in its power” to force the release of imprisoned British-Russian campaigner Vladimir Kara-Murza following the death of Alexei Navalny, one of Putin’s fiercest critics has claimed.