PwC announces separation of Russian firm in first Big Four exit March 6, 2022 Pricewaterhousecoopers (PwC) will no longer have a member firm in Russia, with the multinational due to announce its decision tomorrow to separate its Russian company from the rest of its global network in the wake of Putin’s invasion of Ukraine. The move by the Big Four giant will affect 3,700 partners and staff in Russia, [...]
Crackdown on misinformation: TikTok suspends live streaming in Russia March 6, 2022 TikTok have said it will be suspending live streaming and new content in Russia as the social media firm faces questions about the spread of misinformation. However, the Chinese tech giant has said that the in-app messaging will not be impacted in Russia as the company evaluates its safety measures, according to reports from Reuters. [...]
Russia takes BBC World News off air March 6, 2022 BBC World News has been taken off air in Russia as Putin’s government retaliates to Western boycotting. As the global news channel for the broadcaster, Russians will no longer be able to access the channel or the BBC content. It comes after media watchdog Ofcom said that it had opened a further 12 investigations into [...]
Tanker docks in France as UK workers protest Russian oil March 6, 2022 UK dock workers refused to unload a tanker of Russian gas yesterday in protest at the country's invasion of Ukraine.
Lord Barker under pressure to cut ties with EN+ Group despite restructuring plans March 6, 2022 Lord Barker is facing increasing pressure from politicians to cut links with En+ Group following Russia's invasion of Ukraine
BNP Paribas warns employees against Ukraine comments on social media March 6, 2022 Employees at BNP Paribas have been warned against commenting on the Ukraine crisis, as Western nations continue to ramp up sanctions on Russia. According to reports from the Sunday Telegraph, bankers have been told to caveat social media posts, with the firm suggesting that they need to flag the fact that their words represent their [...]
Europe will struggle to cut Russia out of energy plans warn experts March 6, 2022 Europe will find it hard to reduce its reliance on Russian gas, and the continent remains vulnerable to skyrocketing prices, warns experts.
Weekend Explainer: Why has Gordon Brown said Vladimir Putin should face a Nuremberg-style tribunal? March 5, 2022 Today, at an online event hosted by Chatham House, former UK prime minister Gordon Brown called on countries to set up a special tribunal, in line with the model used in the Nuremberg trials, to punish Vladimir Putin over Russia’s invasion of Ukraine. Speaking at the Chatham House event alongside Ukraine’s foreign minister Dmytro Kuleba, [...]
Saturday Sitdown: Credit Suisse’s global investment boss on the dawn of a new world order March 5, 2022 The Russian invasion of Ukraine has accentuated geo-political risks, further fueling volatility on financial markets and unsettling investors. These developments mark a clear shift to a new world order, Michael Strobaek, Credit Suisse’s global chief investment officer, told City A.M. in an exclusive interview. “This new world order will make risk management as well as investing [...]
Enough: Russia’s second-largest oil firm Lukoil urges Putin to end Ukraine war immediately March 4, 2022 Vagit Alekperov, the owner of Russia’s second-largest oil company Lukoil, has called on Russian President Vladimir Putin to put an end to the invasion of Ukraine. The company expressed concerns over “the ongoing tragic events in Ukraine” calling for “the immediate cessation of the armed conflict and fully support its resolution through the negotiation process [...]