Chaos for Russians as US tech companies flex their muscles
Moscow could take matters into its own hands – it wouldn’t be the first country to order its internet networks to block Facebook outright. Other companies are…
Cafe closures threaten 2,000 Sainsbury’s jobs
About 2,000 jobs are at risk after Sainsbury’s revealed plans to close 200 in-store cafes. The supermarket told staff it was looking to shut most of the…
Maersk joins global shipping boycott cutting off Russia
The Copenhagen-based company runs container liners to St Petersburg and Kaliningrad in the Baltic Sea, Novorossiysk in the Black Sea, and to Vladivostok and Vostochny on Russia’s…
Fears rise that ethical investing is undermining national security
No 10 is planning to launch a charm offensive on behalf of military manufacturers amid fears ethical investing is posing a “fundamental risk to British sovereignty” in…
Apple stops selling its products in Russia
Apple has stopped selling its products in Russia following Vladimir Putin’s invasion of Ukraine, the iPhone maker announced on Tuesday night. The California-based company said it stopped…
Vladimir Putin’s central bank chief faces an impossible choice
Furthermore, about half the CBR’s foreign exchange reserves are in US dollars and euros. Limiting the bank’s ability to transact in such currencies will considerably restrict its…
Russian banking system ‘on the brink’ amid dash for cash
Russia’s banking system is “on the brink of crisis” as customers queued up outside branches to withdraw cash. Experts have warned that banks will struggle to sell…
UK shuts Kremlin out of gas pipelines as Centrica abandons Russia
Gazprom Marketing & Trading sources fuel from countries all over the world and is one of many wholesale gas suppliers to Centrica. Centrica said that none of…