Political News
Evraz board quits after UK Abramovich sanction, share suspension
Russian steelmaker Evraz said 10 members of its board had quit following the UK sanction of its largest shareholder Roman Abramovich and the suspension of its shares.
Ceasefire talks between Ukraine and Russia stall
Talks between Ukraine and Russia have failed to make progress, the Ukrainian foreign minister told reporters on Thursday.
Chelsea FC sale halted as Abramovich sanctioned
The UK government has imposed sanctions on Chelsea Football Club’s Russian owner Roman Abramovich, halting the sale of the London club.
Fitch downgrades Russia on growing default fears
Fitch Ratings has downgraded Russia after it warned that the country was close to defaulting on its debts.
Credit Suisse says impact of Ukraine war is underestimated, recommends clients 'get more defensive'
Strategists at Credit Suisse believed that the multiple negative feedback loops created by the war in Ukraine had been underestimated, especially as regarded the hit to economic growth in Russia and Europe.
Citi bullish on ITM Power, Nel and Ceres Power on EU drive for energy security
Analysts at Citi sounded a bullish note on shares of ITM Power in the wake of the European Union's just announced plans to make the bloc independent from Russian gas "well before 2030" with 'green hydrogen' given a central role.
UK moves to strengthen ban on Russian aircraft
The British government is to make it a criminal offence for Russian aircraft to enter UK airspace, it confirmed on Wednesday, as ministers looked to tighten sanctions.
Russian and Ukrainian foreign ministers confirm talks to take place in Turkey
Foreign ministers from the Russian Federation and Ukraine have confirmed that they will meet on Thursday in Antalya, Turkey.
Russia will declare ceasefire if Kyiv recognises Crimea as Russian, independence of Donetsk and Luhansk
Russia will declare an immediate ceasefire if Ukraine recognises Crimea as Russian territory and the breakaway regions in the country's east, Donetsk and Luhansk, as independent states.
UK bans more Russia GDRs, firms from insurance market over Ukraine
Britain took more action against Russian companies on Thursday as they were banned from the insurance market and suspended on the London Stock Exchange.
Apple, Airbus join growing list of firms cutting ties with Russia
The list of companies cutting ties with the Russian regime grew on Wednesday, with Apple, Airbus, Boeing and Exxon all responding to Moscow’s unprovoked invasion of Ukraine.
Visa, Mastercard block sanctioned Russian banks from network
US-based payment card companies have cut off a number of Russian banks and financial institutions in response to sanctions imposed on the country by Washington.