Face the music: Universal Music Group and Warner Media pull out of Russia March 9, 2022 Universal Music Group has suspended all operations in Russia and closed its offices in the country, the company announced last night. In a statement, the music giant said: “Effective immediately, we are suspending all operations in Russia and closing our offices there.” “We urge an end to the violence in Ukraine as soon as possible. [...]
Battle for Kyiv begins as residents flee into bomb shelters: Kharkiv, Sumy and Mariupol also suffering heavily March 9, 2022 An air alert has been declared in and around Kyiv, where residents in Ukraine’s besieged capital city are urged to get to bomb shelters as quickly as possible as it appears the battle for the capital is beginning. “Kyiv region – air alert. Threat of a missile attack. Everyone immediately to shelters.” regional administration head [...]
UK impounds aircraft following new round of aviation sanctions against Russia March 9, 2022 Transport Secretary Grant Shapps said today UK authorities had impounded an aircraft following a new round of aviation sanctions against Russia. “There is one such aircraft on the ground at the moment at Farnborough that I’ve essentially impounded whilst we carry out further investigations for the last few days – and it’s very important that [...]
Offshore energy body to help ensure security of supply as UK divests from Russian oil March 8, 2022 Trade association Offshore Energies UK (OEUK) is committed to working with the government to ensure secure energy supplies.
Calls to boycott Coca-Cola, PepsiCo, Pizza Hut and McDonald’s over refusal to quit Russia March 8, 2022 Major international food and drink brands including Coca-Cola, McDonalds, PepsiCo and Pizza Hut have refused to close outlets in Russia – leading to calls for boycotts from campaigners. Companies have faced mounting calls to quit selling their products in Russia following its invasion of Ukraine, as other major international brands such as Apple and Netflix [...]
Ofgem boss: Hike in household energy bills ‘almost inevitable’ March 8, 2022 Ofgem boss Jonathan Brearley has warned a further painful hike in household energy bills is “almost inevitable."
Ukraine’s secret weapon: High-tech drone ‘the Punisher’ is wreaking havoc far behind Russian enemy lines March 8, 2022 A re-deployable drone called ‘The Punisher’ is increasingly making life difficult for the Russian Army by destroying crucial supply lines. The relatively small, nimble drone can travel up to 30 miles behind Russian enemy lines and is extremely hard to detect. When flying at about 1,300 feet, it can stay up in the air for [...]
US ramps up sanctions with plans to ban Russian oil imports March 8, 2022 The US is expected to impose ban on Russian oil imports as it ramps up sanctions following the country's invasion of Ukraine.
Man of steel: Russian oligarch Vladimir Lisin comes out against Putin by calling for immediate end to Ukraine war March 8, 2022 Oligarch Vladimir Lisin, the chairman and main shareholder of the NLMK Group, one of Russia’s largest steel makers, has called for an immediate end to the Russian war in Ukraine. The Moscow-based billionaire reportedly sent a letter to NLMK staff, which was subsequently widely shared on social networks. The steel tycoon wrote that “the death [...]
LME suspends nickel trading amid price boom March 8, 2022 The London Metal Exchange (LME) has halted nickel trading for the rest of the day after prices doubled to a record $100,000 per tonne.