Economic news and events


TOP NEWS SUMMARY: BP exits Rosneft stake; Russia and Ukraine in talks

The following is a summary of top news stories Monday.
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COMPANIES
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Oil major BP said its decision to exit...

Mon, 28/02/2022 - 10:38


LONDON BRIEFING: BP keeps guidance intake despite Rosneft exit hit

Oil major BP said its decision to exit its stake in Russia's Rosneft will not harm its ability to increase payouts.

Over the weekend,...

Mon, 28/02/2022 - 08:18


US joins EU and UK in freezing assets of Russia's Putin and Lavrov

The Biden administration has announced that it will move to freeze the assets of President Vladimir Putin and Foreign Minister Sergey Lavrov, following the EU...

Fri, 25/02/2022 - 21:11


UK to personally sanction Putin and foreign minister ‘imminently’

The UK will "imminently" level personal sanctions against Russian President Vladimir Putin and his foreign minister Sergei Lavrov, Boris Johnson has announced.

The prime minister...

Fri, 25/02/2022 - 18:27


TOP NEWS: UK government puts pressure on BP over Russian interests

BP PLC is under pressure from the government to cut its ties with Russian oil giant Rosneft, which the British-based company holds a 20% stake...

Fri, 25/02/2022 - 18:21


TOP NEWS SUMMARY: Russian military enters Kiev as West apply sanctions

The following is a summary of top news stories Friday.
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COMPANIES
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BASF reported a return to profit in 2021...

Fri, 25/02/2022 - 10:42


LONDON BRIEFING: IAG expects to fly 85% of pre-virus capacity in 2022

International Consolidated Airlines Group on Friday posted a narrowed loss for 2021, saying that after the setback caused by Omicron at the end of the...

Fri, 25/02/2022 - 08:22


UK car production falls again, dropping 20% in January on year before

Car production in the UK fell to its lowest January total in a decade despite an increase in the manufacture of electric vehicles, new figures...

Fri, 25/02/2022 - 06:54


Lowest UK consumer confidence for 13 months amid storm of rising costs

UK consumer confidence plunged in February amid a ‘perfect storm’ of price rises, increased taxation and interest rate hikes, a long-running survey shows.

GfK's Consumer...

Fri, 25/02/2022 - 06:13


TOP NEWS: UK PM hits Russia with sanctions to punish ‘aggressor’ Putin

UK Prime Minister Boris Johnson is hitting Russia with the ‘largest and most severe’ package of sanctions it has ever faced to punish ‘blood-stained aggressor’...

Thu, 24/02/2022 - 17:42


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