Row between Viceroy and Labour MP escalates as short seller files complaint with parliament April 17, 2023 A row between short seller Viceroy Research and Labour MP Liam Byrne escalated today after the short seller lodged a complaint with parliament after Byrne suggested that the firm has ties to the Kremlin. In a parliamentary debate last month, the MP for Birmingham Hodge Hill called for an investigation into “the activities of short-selling [...]
End of an era: Germany shuts down last three nuclear power plants April 16, 2023 Germany has pulled the plug on its last three nuclear power stations, ending a six-decade programme onc and for all.
Fines over Russia tennis player bans factor in LTA loss April 16, 2023 The fines imposed on the Lawn Tennis Association (LTA) due to their banning of players from Russia and Belarus in 2022 have contributed to the organisation’s financial loss. Last year the LTA implemented the ban which meant players from the two countries were unable to play in pre-Wimbledon grass-court tournaments. Wimbledon’s All England Lawn Tennis [...]
Short seller hits back after Labour MP suggests Putin links April 15, 2023 Labour MP Liam Byrne (Left) suggested last month that short seller Fraser Perring had ties to the Kremlin.
IEA warns OPEC+ cuts risk supply deficit as it predicts record oil demand April 15, 2023 Output cuts announced by OPEC+ producers risk exacerbating an oil supply deficit, the International Energy Agency (IEA) said,
Sunak and Zelensky discuss ramping up military support to Ukraine after ‘recent battlefield successes’ April 14, 2023 Rishi Sunak and Volodymyr Zelensky discussed ramping up military support to Ukraine in a phone call on Friday, Downing Street said. The Prime Minister told the Ukrainian president that Britain and its allies “needed to continue to ensure Ukraine was in the strongest possible position to build on its recent battlefield successes”. The two leaders [...]
Ukraine’s Naftogaz says Russia told to pay $5bn for seizing Crimea assets April 13, 2023 Naftogaz revealed Moscow had been ordered by an arbitration court in The Hague to pay $5bn compensation for unlawfully expropriating assets.
Finland’s accession to Nato backs Russia in a corner but it won’t end war in Ukraine April 13, 2023 Finland has joined NATO, and this is a very positive development in the West's fight against Putin's barbaric regime. But there's much more to be done to support Ukraine, writes Daniel Sleat
Bank authorities must ‘learn lessons’ from March’s mini-crisis, top regulator warns April 12, 2023 The world’s top financial authorities need to learn the lessons from the Silicon Valley Bank’s (SVB) collapse, the chair of a major global regulatory body warned today, hinting at the need for more stringent bank rules to prevent such chaos in the future. Klaas Knot, chair of the Financial Stability Board (FSB), noted the financial [...]
Deutsche Bank ‘de-risking’ Russian IT operations April 12, 2023 Deutsche Bank is looking for ways to minimise business disruption as it reduces risks from its Russian technology operations in line with the law, Germany’s biggest lender said on Wednesday. The comments by a bank spokesperson followed a report in the Financial Times that the bank was winding down its remaining software technology operations in Moscow [...]