Telecom giants scrap roaming and international fees for fleeing Ukrainians February 28, 2022 More than a dozen telecom providers have shown their support for the Ukrainian people by offering free international calls and scrapping roaming fees, according to European telecoms lobbying group. European Telecommunications Network Operators’ Association (ETNO) said an internal survey showed at least 13 of its members have taken measures to help fleeing Ukrainians after Russia’s [...]
Uefa terminates £100m Gazprom sponsorship as sport shuts out Russia February 28, 2022 European football’s governing body Uefa has confirmed the termination of its long-standing sponsorship deal with Russian state energy company Gazprom. The move came as Uefa banned Russian teams from its international and club competition following the country’s invasion of Ukraine. “Uefa has today decided to end its partnership with Gazprom across all competitions,” it said. [...]
Liz Truss says ban on Russia Today risks Kremlin crackdown on the BBC February 28, 2022 Foreign Secretary Liz Truss has warned that if the UK bans Russia Today then the BBC could be banned from Russia amid fears of a Kremlin crackdown. She said: “We want the Russian population to hear the truth about what Vladimir Putin is doing”. It comes after calls in the UK that the state-controlled Russian [...]
Fifa, Uefa and IOC heed calls to ban Russia from international sport February 28, 2022 Russia faces an indefinite period of exile from international sport after major bodies including the International Olympic Committee, Fifa and Uefa bowed to calls to ban the country. The IOC said Russian teams and athletes should not be allowed to compete in international competitions, even under a neutral flag, as a result of the country’s [...]
Shell under pressure as politicians urge firms to follow BP’s lead and ditch Kremlin-backed assets February 28, 2022 BEIS member Alexander Stafford has urged companies to follow BP's lead and sever ties with Kremlin-backed organisations.
Grant Shapps asks UK ports to deny access to Russian ships February 28, 2022 Transport Secretary Grant Shapps has written today to all UK ports asking them to deny access to any Russian-flagged and operated ships. “Given Putin’s action in Ukraine, I’ve made clear these vessels are NOT welcome here with prohibiting legislation to follow,” he said in a tweet. In a letter addressed to all UK ports, Shapps [...]
Oil and gas rebound as pressure mounts on Russia February 28, 2022 Oil and gas prices are soaring again after the West imposed stiff sanctions on Russian financial institutions yesterday.
Ukraine: UK bans Russian banks from clearing payments in Sterling February 28, 2022 The UK will ban Russian banks from clearing payments in Sterling and has frozen the British assets of a further three financial instiutions today. Foreign secretary Liz Truss said the US will also ban Russian banks from clearing payments in US dollars as well. She said that investment firm VEB, Sovcombank and Otkritie Bank will [...]
EU airlines’ shares tumble following airspace closure February 28, 2022 The shares of major European airlines have taken a tumble following the EU’s decision to close its airspace to Russia. Legacy carriers have registered a slump, with British Airways’ owner IAG going down 4.19 per cent, while German carrier Lufthansa registered a 4.76 per cent fall. Share of aviation colossus Air France-KLM went down 2.30 [...]
Comparethemarket pulls ads featuring Russian meerkat amid Ukraine crisis February 28, 2022 Comparethemarket has pulled its ads featuring the animated Russian meerkat Aleksandr Orlov from news bulletins following Russia’s invasion of Ukraine. The price comparison site said it had reviewed its media plan to make sure the adverts did not appear around content such as news bulletins on the Ukrainian conflict. “The Comparethemarket meerkats are fictional characters. They have [...]