Increasing geopolitical fragmentation putting energy transition at risk, IMF warns October 3, 2023 Geopolitical fragmentation could send the price of crucial commodities soaring, putting further pressure on the global economy’s net zero targets.
Burger King still operating in Russia despite vow to quit 18 months ago October 3, 2023 Burger King is still operating in Russia despite a promise from its owner that it would cease operations in the country more than a year ago. Restaurants Brand International (RBI) – which owns 15 per cent of the fast food chains franchise business in Russia- told the BBC it had “no new updates to share [...]
EU reaffirms ‘unwavering’ commitment to Ukraine – amid suggestions of ailing support October 2, 2023 Some of Europe’s top diplomats are gathered in Kyiv in a display of support for Ukraine’s fight against Russia’s invasion as signs emerge of political strain in Europe and the United States over the war. European Union foreign ministers converged on the Ukrainian capital for an unannounced informal meeting that officials said would review the [...]
Ethereum Futures ETFs near launch, and JPMorgan’s UK subsidiary bars crypto payments October 2, 2023 Data from CryptoCompare shows that the price of the flagship cryptocurrency Bitcoin (BTC) went up steadily throughout the week.
Aukus: Government signs £4bn deals to develop ‘hunter-killer’ submarines October 1, 2023 The Defence Secretary has announced £4bn of contracts with British firms for the “hunter-killer” submarine programme.
UBS says not aware of Department of Justice probe into sanctions-related compliance failures September 30, 2023 UBS said on Saturday it was not aware of a probe by the U.S. Department of Justice into alleged sanctions-related compliance failures, after a media report earlier this week.
Putin orders former Wagner figure to command volunteer units in Ukraine September 29, 2023 Russian President Vladimir Putin has ordered one of the top commanders of the Wagner military contractor to take charge of “volunteer units” fighting in Ukraine. The move signals the Kremlin’s intention to keep using the mercenaries after the death of their chief, Yevgeny Prigozhin. In remarks released by the Kremlin, Mr Putin told Andrei Troshev [...]
Russian athletes allowed to compete as neutrals at next year’s Paris Paralympics September 29, 2023 Russian athletes will be able to compete as neutrals at next year’s Paralympic Games in Paris despite the country’s ongoing invasion of Ukraine. International Paralympic Committee member nations voted against a full suspension of the Russian committee at the organisation’s General Assembly in Bahrain, but a motion to partially suspend was passed on Friday afternoon. [...]
Will Rosebank improve the UK’s energy security? September 28, 2023 Regulators yesterday gave the green light to start drilling at the largest untapped fossil fuel field in the North Sea - but will it boost the UK's energy security?
National Grid: risk of lights going out this winter has fallen September 28, 2023 The risk of the lights going out has fallen ahead of this winter and is almost back to the pre-energy crisis normal, a new report from the National Grid has found. National Grid’s Electricity System Operator (ESO) said on Thursday that it only expects there to be around six minutes between the end of October [...]