Number of Russians using London Commercial Court reaches new record despite sanctions May 4, 2023 A record number of Russian litigants have used the London Commercial Court in the past year despite sanctions imposed in the wake of the war in Ukraine, new research has revealed. The number of Russian litigants appearing in the Commercial Court, part of the Business and Property Courts of the High Court, rose by 41 [...]
DCMS chair reiterates need for sanctions on Russians amid ex-F1 driver Mazepin’s case May 4, 2023 The acting chair of a key parliamentary committee has reiterated the need for sanctions on Russian sportspeople amid news former F1 driver Nikita Mazepin is challenging the UK Foreign Secretary to overturn his. Mazepin and his father Dmitry were sanctioned by the UK, European Union and Canada as part of wide-reaching measures taken after Russian [...]
The Square Mile and Me: Fintech supremo Tim Levene on Moscow’s vodka scene, Coya City and a bold call for 2023 May 4, 2023 The fintech fund boss and founder of Crussh and Flutter strolls down memory lane in City A.M.'s weekly Q&A
Let’s be honest, we can’t keep blaming supermarkets for the sky-high food prices May 4, 2023 Supermarkets get all the blame for the sky-rocketing food prices. But they've tried to keep prices as low as possible against inflationary pressures and supply chains disruptions, writes Matthew Lesh
A kernel of grain is driving a wedge through Europe’s response to Ukraine May 3, 2023 Poland and other EU member states have imposed a ban on grain from Ukraine. This risks leaving Ukrainian farmers in misery - and shows the cracks in the Western front, writes Elena Siniscalco
Track and field must shine in 2023 or risk a painful death May 2, 2023 So a new track and field season is upon us, with the Diamond League set to begin on Friday in Doha. And while those in Qatar may have their eyes fixed on Manchester United at the moment, the athletics circus is returning to their back yard in a year in which the sport is looking [...]
Tinder owner Match Group swipes left on Russia pledging exit by June 30 May 2, 2023 Tinder owner Match Group has said it will quit Russia by June 30, citing the need to protect human rights, one of many Western firms to leave since Moscow sent troops into Ukraine last year. “We are committed to protecting human rights,” Match said in an annual impact report published on Monday. “Our brands are [...]
Militant rail unions blame Tories for FA Cup and Eurovision strike disruption April 30, 2023 The leader of the train drivers’ union has angrily attacked the Transport Secretary after he criticised a planned strike on the eve of the Eurovision Song Contest final for its impact on Ukraine. Union members will walk out on May 12 as part of a long-running dispute over pay, as well as on May 31 [...]
CEO of Italy’s Eni sees no major energy price upsets in 2023 April 29, 2023 The CEO of Italian oil and gas company Eni, Claudio Descalzi, has said he does not expect any “big shocks” on the energy markets this year. “European gas storages are full and, although the global economy has restarted, demand is not at its highest because China has not yet resumed full operations,” Descalzi said in [...]
MPs urge government to protect North Sea wind farms from Russian sabotage April 28, 2023 The government must protect renewable energy assets in the North Sea such as wind turbines from Russian sabotage, MPs have warned.