Ukraine sea drones attack Russia port damaging ship as Kyiv fightback continues August 4, 2023 Ukrainian sea drones have attacked a major Russian port on the Black Sea, damaging a naval ship, according to a Ukrainian official. It is the latest in a series of strikes inside Russia as Kyiv vowed to bring the fight home to them. Moscow claimed it repelled the attack. The strike on Novorossiysk marks the [...]
Further North Sea exploration won’t lower bills, but it will limit green jobs August 4, 2023 More oil and gas in the North Sea is prioritising an industry which will mean, in the long term, bills are higher and we’re further away from self-reliance, writes Nigel Pocklington
Russia hit by drone attacks as Ukraine fights back with buildings hit miles from the Kremlin July 31, 2023 Ukraine attacked Russia with drones on Sunday, damaging two office buildings just miles from the Kremlin and a pig-breeding complex on the countries’ border. The attacks, which Ukraine did not acknowledge in keeping with its security policy, reflected a pattern of more frequent and deeper cross-border strikes the Kyiv government has launched since starting a [...]
Summer break offers Formula 1 welcome respite from Verstappen dominance July 30, 2023 As Max Verstappen crossed the damp line yesterday at Spa-Francorchamps in Belgium, it marked the conclusion of the opening act of the hit theatre show that is Formula 1. And with an intermission lasting until the end of the month, there’s considerable time to ponder over the season thus far. Red Bull and Max Verstappen [...]
Ex Fed chair Ben Bernanke to lead review into Bank of England forecasting July 28, 2023 Ben Bernanke, ex-chair of the Federal Reserve, has been appointed to lead a review into the Bank of England’s forecasting during times of significant uncertainty. The review aims to strengthen the Monetary Policy Committee’s (MPC) approach to forecasting during times of uncertainty, such as the Russian invasion of Ukraine. Bernanke, a Nobel prize winning economist [...]
Russia claims it shot down a drone from Ukraine as war enters 18th month July 28, 2023 A Ukrainian drone has been shot down near Moscow, Russia’s defence ministry has said. It is the third drone strike or attempt on the capital region this month. There were no injuries or damage, the ministry added. It did not give details about where the drone was shot down on Friday morning, but said it [...]
Can the supermarkets ever overcome accusations of profiteering? July 28, 2023 Food producers are unwilling to pass on price drops as they battle oscillating and chaotic costs for supplies that they have little control over.
Income falls for Total Energies as refining profits slump July 27, 2023 French oil company TotalEnergies posted a drop in second-quarter net income on Thursday, reflecting lower natural gas prices,
Unilever: New boss promises step-change after ‘flat volumes’ in half-year results July 25, 2023 Unilever made a modest profit in the first half of the year with turnover reaching €30.4bn (£26.2), as it was driven by sales in its personal care and beauty market.
Share buyback on the way at Wickes as it puts post-pandemic lull behind it July 25, 2023 An “encouraging” first half of the year for home improvement retailer Wickes has led the company to launch a share buyback scheme The DIY and garden centre firm reported sales growth of three per cent in the second quarter of the year, and 0.7 per cent in the first half overall. Following its positive results [...]