Russia -Ukraine war

Finance ministers and government officials have warned that the threat of a wider Middle East conflict poses a new threat to the world economy, just as it is recovering from the shocks caused by Covid-19 (the Covid-19 virus) and the Ukraine…

Washington has announced its first sanctions against shipping companies who have violated the G7 cap on Russian oil prices in an effort to crackdown on Putin’s “shadow fleet”. The US Treasury blocked all transactions made with a…

Mark Carney said that it was "not right" for countries with oil and natural gas industries to "shutdown overnight", admitting fossil fuels play a part in net zero. Former Bank of England Governor, John Major, said that before…

Analysts have warned that the risk of an oil leak in the English Channel has increased, due to the fact that Russia relies heavily on tankers older than 23 years old to move supplies around the globe. Vladimir Putin's "shadow fleet"…

House prices in Dubai are rising at the fastest pace in the world following an influx of Russian money. High levels of immigration mean average prices in the Gulf emirate have soared by 15pc between mid-2022 to mid-2023 when adjusted for…

Two commercial ships docked in a Ukrainian port, as Kyiv intensifies its efforts to break the unilateral blockade by Russia of its Black Sea Coast. Two incoming vessels docked in Chornomorsk just hours before Russia launched its latest…

BAE Systems, maker of UK Navy warplanes and ships, has signed an agreement that will allow British-designed artillery to be built in Ukraine. Following a meeting in Kyiv between the chief Charles Woodburn, and Ukraine's President…

Russia offers to exchange some of the frozen assets that the west has seized in response to President Vladimir Putin's invasion into Ukraine for the assets that it holds. The central bank announced on Wednesday that under the proposal,…

On Wednesday, a container ship departed Odesa for Istanbul. This was the first vessel to depart Ukraine's ports after Russia threatened to strike civilian shipping in Black Sea last month. Oleg Kiper, Odesa’s governor, wrote on Telegram…

Two people with knowledge of the situation said that President Vladimir Putin would discuss the need to tighten currency controls on Wednesday, after an unprecedented 3.5 percent rate hike failed to stop the rouble from falling. The…

According to an analysis, the inflated shipping costs have enabled Russian companies to earn much more from crude oil exports to India than they previously thought. The charges could have generated more than $1bn for a single quarter.…

Ukraine's government bonds have surged in price over the past two months as investors grow more optimistic about how much of their money they will get back in an eventual restructuring of the war-torn country's debt. Kyiv's debt tumbled…

Wheat and oil prices surged after Ukraine launched an attack on a Russian naval ship, prompting warnings about the potential impact of escalating conflicts in the Black Sea Region increasing food and energy costs. Benchmark wheat…

China has indicated that it is willing and able to participate in further international discussions on the resolution of the conflict in Ukraine. This was confirmed by European officials, who praised its "constructive participation" in a…

Europe's biggest companies have suffered at least €100bn in direct losses from their operations in Russia since President Vladimir Putin's full-scale invasion of Ukraine last year, according to analysis. A survey of 600 European groups'…

Wizz Air’s chief executive said that the extension of a bonus incentive package for him to unlock a £100mn shows "the prevalence of capitalist spirits" despite the significant opposition of some investors. The resolution passed by the…

Trade data analysis shows that despite the invasion in Ukraine, British manufacturers continued to supply Russia's key industrial equipment. Many British industrial manufacturers cut off their business ties with Russia after the…

The French food giant Danone suffered a €200m loss (£170m), after Vladimir Putin seized its Russian factories. The company that owns Evian, Actimel and other brands has announced it will "deconsolidate its operations" in the country.…