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.
Total sells Canadian oil sands operation to Suncor Energy in £3.3bn deal April 27, 2023 Energy major Total Energies has accepted an offer to sell its carbon-heavy Canadian oil sands operations to Suncor Energy for £3.3bn.
Short seller issues fresh warning to Labour MP after suggesting Kremlin links April 27, 2023 Labour MP Liam Byrne has come under fresh pressure from City short-seller Fraser Perring today after failing to cough up evidence for his allegations the investor was acting on behalf of the Russian state.
Our relationship with China has been overhauled, but it’s still a crucial one for the City April 27, 2023 Next Monday, Virgin Atlantic planes between London Heathrow and Shanghai will resume. This reopens many symbolic and actual possibilities for our relationship with China, writes Juha Jarvinen
Pernod restarts exports of Beefeater gin to Russia – but Absolut vodka still contraband April 26, 2023 The world’s second-largest wine and spirits seller Pernod Ricard has restarted exports to Russia but insists it’s “not business as usual”. Beefeater gin will once more be drank in Moscow bars following the decision which was condemned by the Moral Rating Agency as “disgusting as it is ironic”. The company insisted it stands “firmly with [...]
UK and EU hope to use North Sea to fight Putin’s energy supremacy April 25, 2023 The UK has joined forces with its European allies to ramp up renewable energy generation and bolster the continent's security of supplies.
Exclusive: 777 Partners confirm they’re looking at ‘interesting assets’ amid Everton takeover rumours April 24, 2023 777 Partners has confirmed it is “looking for interesting assets” amid reports that the US investment group is close to takeover of struggling Premier League club Everton. Owner of the British Basketball League and its leading club London Lions, as well as European football clubs Hertha Berlin and Genoa, 777 has been on a buying [...]