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Shares of Wizz Air and Ryanair have dipped 11.25 and 2.86 per cent respectively after the low-cost airlines halted all Ukraine operations as a result of Moscow’s offensive and the closure of the country’s airspace. “All Ryanair flights to/from Ukraine have been suspended for at least the next 14 day […] and all flights to/fromUkraine [...]
Asian stock markets plunged and oil prices surged after Russia’s President Vladimir Putin announced Russian military action in Ukraine. Market benchmarks in Tokyo and Seoul fell 2 per cent and Hong Kong and Sydney lost more than 3 per cent this morning while oil prices jumped nearly 3 dollars (£2.22) per barrel on unease about [...]
Foreign Secretary Liz Truss said she thought the media regulator Ofcom would be looking at Russia's state-backed news channel Russia Today, which is broadcast in the UK.
Russia’s invasion of Ukraine has begun, UK Health Secretary Sajid Javid said this morning, making the imposition of Russian sanctions imminent. Prime Minister Boris Johnson has said the “first barrage of UK economic sanctions against Russia” will be revealed today as he warned Vladimir Putin is bent on a “full scale invasion of Ukraine”. It [...]
The Irish foreign minister said this morning the time has come for the EU to impose sanctions on Russia. It comes after Russian President Vladimir Putin ordered forces into separatist regions of eastern Ukraine. A vaguely worded decree signed by Mr Putin did not say if troops were on the move, and it cast the [...]
Air France has decided to cancel tomorrow’s flights between Paris and Kiev “as a precautionary measure” following the increasing tensions between Ukraine and Russia. “In view of the local situation and as a precautionary measure, flights AF1752 and AF1753 to and from Kiev (KBP) on Tuesday 22 February 2022 are cancelled,” the carrier told Reuters. [...]
Lufthansa has announced it will be suspending all flights to the Ukraine capital Kyiv from tomorrow as fears of a Russian invasion grow. The German airline said it will also stop flights to Odessa, a key port city on the Black Sea. The response contrasts to the Irish budget airline Ryanair and the Hungarian Wizz [...]
It appears investors in the blue-chip index were resorting to gold and cigarettes today, as London markets grapple with the declining geo-political landscape.
Approval for Nord Stream 2 has been put on hold, and the European Commission will scrutinise the project's compliance with EU energy policy.
Prime Minister Boris Johnson is expected to call Russian President Vladimir Putin in the next days, visiting Eastern Europe as part of the UK’s diplomatic efforts to solve the Ukrainian crisis. Downing Street said Johnson will focus on Russia’s need to “engage diplomatically”, reiterating “the need for Russia to step back,” the BBC reported. In [...]
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